Council reviews members funding

Sports, Uncategorized
Source:
The National, Friday May 27th, 2016

THE International Cricket Council is considering increasing funding for associate and affiliate nations as part of the ongoing review into its governance and structure.
The news will go some way to appeasing associate representatives aggrieved by the effects of the ICC’s 2014 financial and administrative restructuring, informally referred to as the Big Three takeover.
Funding for the 95 associate and affiliate nations, of which Papua New Guinea is a part, from 2015-23 has currently been agreed at US$299 million (K946m), only a slight increase in real terms from the $252 million (K797m) awarded in the preceding media and commercial rights package from 2007-15.
Under the new model, associate representatives believe that the majority of the ICC’s 95 non-Test members face a real terms funding reduction.