Sports Monks

India Likely to Lose Hosting Rights for 2023 World Cup

India is under threat of losing the hosting rights of 2023 World Cup if it fails to pay exemptions immediately. The ICC in a single page letter has asked the board members to pay their respective tax exemptions. The message was especially directed towards the ‘Big 3’ the BCCI, ECB and the ACB.

The letter was reported to be signed by ICC’s CEO Manu Sawhney and it was sent out on February 13. In the letter, Sawhney wrote the board earlier agreed that the process of allotting ICC events should be open to all full members. The purpose of the same was to appoint hosts for various ICC events that take place between the period of 2023 and 2031 before the end of the fourth quarter of 2020. The BCCI has been asked to pay $ 23 million as compensation and revive its hosting rights for the 2023 World Cup.

Also Read: ICC Proposes T20 Champions Cup in 2023-31 Cricket Calendar

The Indian government refused to give tax exemptions to the ICC when the nation hosted the 2016 World T20 following which the game’s governing body asked the BCCI to either pay $23 million (Rs 161 crore) as compensation or lose the 2023 World Cup rights.

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“Getting tax exemptions is very important for world cricket because every cent that is made by the ICC revenue wise is put back into the game. This helps countries like the West Indies who don’t generate as much revenue,” said Dave Richardson at an ICC presser.

He further added that there is enough time for the BCCI to pay the tax exemptions and that the hosting rights for 2023 World Cup would not be taken away from the country.

‘No Plans of taking away the Hosting Rights’ …

“But having said that there are no plans of taking away the hosting (from India) and I’m sure we will get it (exemption) in the end, we’ve still got a lot of time,” he added.

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Meanwhile, India are scheduled to host the ICC T20 World Cup of 2021 along with the next 50-overs World Cup in 2023.

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