ICC asks BCCI to pay Rs 160 cr or lose 2023 World Cup

Mumbai: In an ultimatum issued to the Board of Control of Cricket in India (BCCI), the International Cricket Council has asked the former to cough up Rs 160 crore (USD 23 million) to compensate for the tax deductions suffered while hosting the 2016 World T20 in India.

The game’s global governing body,  headed by former BCCI President Shashank Manohar has threatened to deduct the amount from India’s revenue share for current financial year if the BCCI fails to compensate for the tax deductions before December 31. Moreover it has also threatened that the BCCI may lose out on hosting the 2021 Champions trophy and the 2023 50-over World Cup, which are scheduled to be played in the country.

The ICC did not get a waiver for the tax deductions from the central or state ministry and expects BCCI to compensate the same. 

Star TV, the official broadcast rights holder of all ICC tournaments, had deducted all taxes before paying the global body for the World T20 played in 2016, and the latter now wants the BCCI to compensate for it.

BCCI has maintained that it will not pay anything if ICC fails to share the minutes and if ICC deducts the amount, legal action would be sought.

With inputs from TOI