ICC Media Release, 13 October - Outcomes from the ICC Board and Committee meetings
- Significantly enhanced direct funding of $26 million in 2016 to be provided to the Associate and Affiliate Members pursuant to targeted and meritocratic principles
- Good progress made in the development of a strategy to unify cricket in the USA
- Substantial increase in men’s, women’s and Test rankings prize money
- ICC Women’s World Cup 2017 format approved, ICC Women’s Championship to continue post-2017 and to be funded by the ICC
- ICC commissions review of FTP structure
- Significant global interest in ICC’s various sponsorship and digital packages, first of a number of global partners to be unveiled in Mumbai on Wednesday
The ICC Board concluded its final round of meetings of 2015 at the ICC Headquarters in Dubai on 13 October. Among the decisions made and reports reviewed were:
Game and Market Development
In line with the ICC’s new strategy which aims to assist the development of more competitive teams in international cricket, the Board approved that direct funding available to the Associate and Affiliate Members (AMs) will increase from $125million in the previous cycle to $208million for the period from 2016-2023.
The Board also approved the overarching principles of the AMs funding model which will result in an immediate increase to the annual funding pool from $20million in 2015 to $26million in 2016.
The Board received an update on the development of cricket in the USA following the suspension of the USA Cricket Association (USACA) in June. The Board was pleased with the work undertaken, in conjunction with the wider US cricket community, to start developing a meaningful strategy for cricket in the USA, which includes the unification of all stakeholders.
