ICC dismisses PCB’s case against BCCI. ICC (International Cricket Board) has dismissed PCB’s claim of $70 million compensation case against the Indian Cricket Board (BCCI) for not honoring the agreement of bilateral Series.
The verdict has been given by the three members ICC’s Dispute Resolution Committee (DRC), “is binding and non-appeal-able”.
The DRC was held in October 1-3, 2018. In which PCB claim that BCCI has dishonored the signed MoU by both boards in year 2014. That is they will be supposed to play 06 series in 08 years (2015 to 2023). The PCB said the agreement should have been honored by the BCCI because it was binding.
The BCCI, however, claim that the PCB was not agreeing to support “Big Three” revenue share formula which was being suggested by the Three teams England, Australia and India, so this MoU has no legal value now.
A senior BBCI official said that “There is no need of even paying a single $ to the Pakistan Cricket Board as compensation as they did not fulfil their promise, the agreement of playing bilateral series was based on their support of Big Three,”
The Pakistan Cricket Board, in a press release, termed ICC DRC’s decision a “big disappointment”, board will decide its future course of action against this decision after detailed deliberations and consultation with its stakeholders.