The Board of Control for Cricket in India (BCCI) has made some path-breaking decisions in the recently concluded Annual General Meeting held in Ahmedabad. The Indian board has approved 10-team IPL, apart from that, BCCI also gave their green signal for the LA Olympics, NCA up-gradation, tax exemption, domestic cricket, and elections.
The ICC recently has asked its member nations to analyze the potential financial benefits if cricket’s inclusion is successful at the major global event. The world body of cricket has shared a questionnaire with all ICC members and asked them to quantify the financial benefit they could get from the local government, Olympic organizations, and otherwise.
As per espncricinfo, in the meeting, the stakeholders were open to the idea of cricket featuring in the 2028 summer Olympics. However, they want some clarity from the International Olympic Committee on a few key issues.
The issues include are whether the BCCI would firstly need to give up its autonomy and become part of the Indian Olympic Association. The stakeholders also want to know the revenue-sharing agreement. There are also some issues related to IPL, where in there is a strong opinion that Olympics could dilute the money-making machine of the Indian board.
Other major developments from the AGM was Rajiv Shukla’s appointment. The BCCI officials have appointed former IPL Chairman, Rajiv Shukla as board new Vice President. Shukla goes unopposed and takes over the vacant chair following Mahim Verma’s exit earlier in the year.
Whereas, the board has taken any decision on the tax exemption issue. The ICC has given BCCI a deadline till December 31 to receive a nod from the Indian government. The governing body of Indian Cricket has decided to take some more time before responding to the international body.