BCCI may claim damages of over Rs 400 crore from West Indies
The Board of Control for Cricket in India (BCCI) is likely to claim damages of at least Rs 400 crore from the West Indies Cricket Board (WICB) to abruptly end the Indian tour.
New Delhi: The Board of Control for Cricket in India (BCCI) is likely to claim damages of at least Rs 400 crore from the West Indies Cricket Board (WICB) to abruptly end the Indian tour.
The Indian cricket board's working committee meet, scheduled to take place on Tuesday, will take a final call whether to go ahead with the claim.
West Indies were scheduled to play five ODIs, one-off Twenty20 and three Tests in India, but called off the series after the fourth ODI in Dharamsala, as their players were displeased over a revision to their payment structure by their respective board. And due to their decision the BCCI lost income for 17 match-days.
However, BCCI didn't waste much time to set up an impromptu five-match series against Sri Lanka in November, but will still lose income for 12 match-days for the 2014-15 season.
The BCCI may claim these damages from the WICB.
"We have referred the matter to our legal cell and asked them to let us know by 21st about how we can pursue the issue legally," BCCI secretary Sanjay Patel told a leading cricket website. Though he declined to elaborate on what exact amount of damages the BCCI will charge. "They [WICB] entered into a bilateral agreement with us, and they abandoned the tour due to their internal issues, so we will have to seek compensation. But, depending on the legal advice, the working committee will decide the future course of action." Patel added further.
Since the broadcaster's revenue through advertising is going to be affected with the loss of 12 match-days, including a full Test series, that will have an impact on the BCCI's revenue as the board gets a minor share of advertising revenue from the host broadcaster. It is also likely that Star India, the host broadcaster, may ask for a reduction in broadcast fees. At the moment, Star India pays the BCCI Rs 43.20 crore per match.
It is also learnt that the decrease in broadcast revenues will also impact the state associations since the BCCI distributes 70% of it equally amongst the 27 members who participate in the Ranji Trophy.
With Agency inputs