Kolkata, Sept 24: With the issue of graded system of payment for international cricketers still hanging fire, the Indian Cricket Board has decided to create a Players' Payment Pool (PPP) to allocate 26 per cent of Indian Cricket Revenue (ICR) for the cricketers. The BCCI, having the graded payment system in its agenda for the coming annual general meeting here on September 27 and 28, would seek to take a final view on the issue to implement its decision on players' payments, both domestic and international, BCCI sources said here. While the payment system for international cricketers yet to be finalised, the board has taken a final view on the creation of the PPP with 26 per cent of the gross earnings from such sources like sale of sponsorship rights, media rights, receipt of tour guarantees, among others. Items like interest and investment income, players' benevolent fund or retirement scheme, profits or losses from disposal of investments, government grants, among others, would, however, be excluded from income.
Incidentally the board President Jagmohan Dalmiya had announced during the peak of the contract controversy during the last World Cup and now it would be placed before the annual general meeting for its final approval.
Elaborating the payment system, the sources said that 13 per cent of this (ICR) would go to international cricketers, 10.6 per cent to the first class players and the rest 2.4 per cent would be distributed among junior cricketers, the sources said.

Bureau Report