DURBAN: Each member of the ICC will also receive substantial increases in funding, thanks to the implementation of a strategic investment fund dedicated to promoting global growth initiatives aligned with the ICC Global Growth Strategy.
“The success of our media rights and commercial programme for our next four-year cycle means we are able to invest more money than ever before into our sport,” Barclay said.
“All Members will receive a base distribution and then additional revenue will be in relation to contribution to the global game both on and off the field. This is by far the largest level of investment ever to go into cricket and it’s a once-in-a-generation opportunity for our Members to accelerate growth and engage more players and fans and drive competitiveness.”
The ICC also extended support to member nations to create sustainable revenue streams and develop the game.
New events that are coming up will now require a minimum of seven local players or Associate Member players. The organising Member will also pay a solidarity fee to the Home Board of a player.
