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 3 2015 - GBM Gold pours first gold at Victorian projectProactiveInvestors - Australia
(MENAFN - ProactiveInvestors) GBM Gold (ASX:GBM) has poured first gold mined from its Victorian gold open pit near Dunolly from 2700 tonnes of ore. The ore was processed at the A1 gold processing ...

 Aug 3 2015 - Mobily Q2 net loss hits nearly USD215mMENAFN
(MENAFN) Saudi Etihad Etisalat (Mobily), suffered a net loss of USD215 million during the second quarter of this year as a result of dispute with Zain.The company Exposed to loss in the second ...

 Aug 3 2015 - Dubai spent USD46.2m for water transmission networksMENAFN
(MENAFN) Dubai Electricity and Water Authority (DEWA), launched major water transmission networks with a length of 25km. This project matches Dubai Plan 2021, which pursues economic development, ...

 Aug 3 2015 - GCC Foreign Ministers hold coordination meeting in DohaSaudi Press Agency
(MENAFN - Saudi Press Agency) Foreign Ministers of the countries of the Gulf Cooperation Council held here on Sunday evening a coordination meeting ahead of their joint meeting with US Secretary of ...

 Aug 3 2015 - Saudi Arabian Football Federation holds its regular meetingSaudi Press Agency
(MENAFN - Saudi Press Agency) The board of directors of the Saudi Arabian Football Federation held its regular meeting here on Sunday.During the meeting, the board discussed topics on the agenda and ...

 Aug 3 2015 - Abu Dhabi's Agthia net profit up 20 percent in H1MENAFN
(MENAFN) Food and beverage company Agthia Group net profit for the first half of 2015 rose 20 percent to USD34 million from the same period last year, driven by higher sales and improved margins.The ...

 Aug 3 2015 - Syrian jet crashes into market, 12 killedSaudi Press Agency
(MENAFN - Saudi Press Agency) At least 12 people were killed when a Syrian army fighter jet crashed into a busy marketplace in the opposition-held northwestern town of Ariha on Monday, a monitor ...

 Aug 3 2015 - Qatar's Emir Receives GCC Foreign MinistersSaudi Press Agency
(MENAFN - Saudi Press Agency) Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, received today the Gulf Cooperation Council (GCC) for Arab States' foreign ministers, currently on a visit ...

 Aug 3 2015 - US State Secretary Arrives in DohaQatar News Agency
(MENAFN - QNA) US Secretary of State John Kerry arrives in Doha on Sunday night to take part in a joint meeting with Their Excellencies the Foreign Ministers of the Gulf Cooperation Council (GCC) ...

 Aug 3 2015 - Russian Foreign Minister Arrives in DohaQatar News Agency
(MENAFN - QNA) Russian Foreign Minister Sergei Lavrov arrived in Doha on Sunday night on a visit to the State of Qatar. The Foreign Minister and his accompanying delegation were welcomed upon ...

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