The Executive Committee of Sri Lanka Cricket (SLC) has decided to unanimously reject the International Cricket Council's (ICC) revised working group proposals.
According to an SLC statement reported by the Express Tribune, the executive committee convened a meeting of all stakeholders, including past captains, past presidents, secretaries of SLC and sports ministry representatives, and discussed the ICC proposals threadbare.
The statement also said that the views of the legal advisory committee and financial evaluations were taken into consideration as well.
After the deliberations, the stakeholders were of the view that as a full member of the ICC, the SLC needed to safeguard its current rights and privileges, and therefore, unanimously decided not to accept the revised proposals of the ICC.
Meanwhile, Board of Control for Cricket in India (BCCI) president N. Srinivasan has strongly defended India's claim for a higher percentage of the ICC's global revenues.
Speaking to ESPN Cricinfo, Srinivasan said the proposed restructure in the governing body of the game is aimed at providing financial stability to all members while making the body more inclusive.
He said the new structure would be good for cricket as a whole.
The BCCI is set to become the greatest beneficiary under the proposed revenue distribution plan, with its earning increasing to between 63 million and 766 million dollars.
Srinivasan the present MPA has a lot of disadvantages.
