Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Sri Lanka questions 'illegal' ICC revamp  Join our daily free Newsletter

MENAFN - Arab News - 07/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Arab News) LONDON: Sri Lanka have insisted plans for wholesale reform of the International Cricket Council are in conflict with the organization’s “fundamental principles.”Last month the ICC said it had reached “unanimous agreement” on the outline of a plan to give the sport’s most financially powerful nations — India, England and Australia — a greater say in running the world game.Sri Lanka, together with Pakistan and South Africa, had already objected to the proposals when they were leaked ahead of an ICC board meeting in Dubai.Soon after the talks, it became clear several countries still had concerns ahead of Saturday’s follow-up meeting in Singapore, which could see a vote on implementing the plans.In a letter seen by AFP in London, Sri Lanka Cricket board president Jayantha Dharmadasa has written to the ICC’s head of legal affairs, Iain Higgins, warning the reforms are “not valid” in law.The letter, sent to the ICC’s Dubai headquarters on February 5, states that one of the objects for which the ICC was established was to regulate and promote the game worldwide “in co-operation with its members.”However, Dharmadasa argued the proposed changes take away power from the 10 full members and vest it “in an inordinately disproportionate manner in just three full members, namely the boards of India, England and Australia.”“The purported resolutions also have the effect of taking a disproportionately large share of the funding available from the ICC and distributing it among these three full members,” Dharmadasa added.“This is contrary to the equal revenue share model that is enshrined in the constitution.” The other major proposed change is the end of the current Future Tours Program, designed to give all 10 leading countries a regular diet of international cricket, and a return to ‘bilateral’ series.Critics such as former England captain Michael Atherton have said the plans represent “the end of the notion that a fair and principled and just body can govern cricket in the interests of all.”But the ‘Big Three’ have insisted their scheme is about more than their own self-interest, with England and Wales Cricket Board (ECB) chairman Giles Clarke saying: “If the status quo was so successful, why were so many countries in a perilous financial state?” He added: “All countries earn more through this proposal. No member would earn less and, if our predictions are correct, most will earn an awful lot more. How can that be bad for cricket?”


 


Arab News




  MENA News Headlines
 Aug 30 2015 - Lebanon- Calm restored downtown Beirut after arrestsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Calm was restored in downtown Beirut's Al-Shuhada Square and Riyadh Al-Solh Squares after protests were wrapped up and a number of arrests took place.Earlier on ...

 Aug 30 2015 - Sudanese Pres. receives Yemeni peerKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Sudanese President Omar Al-Bashir held summit talks with visiting Yemeni President Abd-Rabuh Mansur Hadi on a range of bilateral and regional issues of common ...

 Aug 30 2015 - Conf. of Engineers Without Borders - Kuwait opens SundayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Under auspices of His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, Engineers Without Borders (EWB) organizes 'decision 2015' conference, ...

 Aug 30 2015 - Kuwait's IICO to launch Eid Al-Adha projects worldwideKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The International Islamic Charitable Organization (IICO) is preparing to launch Eid Al-Adha oriented projects in some 62 states around the globe.IICO's Director ...

 Aug 30 2015 - USD up against Kuwaiti dinarKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) US dollar went up against the Kuwaiti dinar, trading at KD 0.302, however, the euro dropped to KD 0.337 on Sunday as compared to Thursday's trades, the Central ...

 Aug 30 2015 - Kuwait- Development of education "joint social responsibility" - Education MinistryKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Developing education in Kuwait is a responsibility that all sectors of society should partake in, said an official at the Education Ministry Sunday.Ministry ...

 Aug 30 2015 - Suicide bombing in Aleppo, Syria, kills ten peopleKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Ten people were killed while others were injured following a booby-trapped car explosion claimed by the so-called the Islamic State in Iraq and Levant (ISIL), in ...

 Aug 30 2015 - Algeria to cut spending by 9 percent in 2016MENAFN
(MENAFN) Algeria's government said it will cut spending by 9 percent in 2016, mainly due to the sharp drop in oil prices, as OPEC tries to counter the drop in energy revenues that account for 60 ...

 Aug 30 2015 - Kuwait- His Highness the Prime Minister receives outgoing Egyptian, Tunisian diplomatsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah received separately at Seif Palace Sunday Egyptian and Tunisian Ambassadors to Kuwait ...

 Aug 30 2015 - Saudi Red Sea Mall launched work on USD53.3m expansionMENAFN
(MENAFN) Jeddah's biggest shopping center, The Red Sea Mall, announced that it is starting its largest expansion project with a value of USD53.3 million, allocated to expand buildings and to develop ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help