ICC investigating Indian conglomerates 'rebel league' reports amid fears of split

Amidst looming threat of reports of a 'potential' rebel organization, the International Cricket Council (ICC) has confirmed that it is probing the registration of company names made by an Indian conglomerate, which is allegedly considered as an attempt to destabilize the current establishment.

Earlier in the week, the Essel Group had reportedly attempted to register the company name "Australian Cricket Control Pty Ltd" and had made similar efforts in other cricket-playing nations.

Essel, which is owned by billionaire media baron Subhash Chandra, was the main promoter behind the ill-fated Indian Cricket League, the rebel predecessor to the Indian Premier League.

Reflecting on the rising concerns over the development, an ICC spokesman said that the sport's governing body is aware of certain recent registrations which are of concern to the sport of cricket, adding that the matter is under investigation, Stuff.co.nz reported.

Cricket Australia on Thursday had dismissed the reports that Michael Clarke and David Warner could be offered 50 million dollars contracts in a 'possible' global rebel cricket league, describing the claims as 'highly speculative' and pointed out that their top-ranked players almost earn as much as they would allegedly make in the rebel league.