Former CAG Vinod Rai, leading the COA, spoke to select media on major issues BCCI is facing after their meeting here. The others present were COA members Ramachandra Guha, Diana Edulji and BCCI CEO Rahul Johri.
"Let us make one thing clear - we will not sacrifice India's interest. We have a mandate from the court to run the BCCI. Our attempt will be to ensure BCCI does not lose financially," said Rai.
Rai's comments come days after BCCI sent an 11-page letter to ICC Chief Executive Dave Richardson, categorically rejecting the proposed revenue model and constitutional reforms.
Former BCCI chief Shashank Manohar recently resigned from the post of ICC Chairman, eight months into the job.
When asked about not having enough knowledge about the functioning of ICC, Rai said it was not a major hurdle.
"Well, not two or three people are the personification of all knowledge. We are privy to the recording of the last SGM and we know what was discussed there. When we met Manohar, we tried to understand the revenue model of both the sides. He gave us full details of the financial models in the ICC."
"The (Supreme Court) verdict is very clear. It's 9 years only. And there is a full stop," said Rai.
Most state associations have offered stiff resistance in implementing the Lodha panel recommendations. Rai said the COA will deal with them aptly.
"Supreme Court has given us a direction. There is a verdict in place and our job is to peruse the state associations to accept the model. It will be done and the process is on.
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