"After days of hectic lobbying and bargaining the ICC board settled for a period of consultation and discussion over a set of principles which, if approved, will grant the BCCI, the ECB and CA a bigger share of cricket's global revenues and a bigger control of the game's governance."
http://www.espncricinfo.com/ci-icc/content/story/713605.html?CMP=OTC-RSS
See the changes listed below:
Changes from original proposals
1. Original Two-tiers with promotion and relegation of Nos 9 &10 ranked team, with BCCI, CA & ECB exempt from relegation.
New principle There will be an opportunity for all Members to play all formats of cricket on merit, with participation based on meritocracy; no immunity to any country, and no change to membership status.
2. Original Creation of a Test Cricket fund to be distributed among BCB, ZC, NZC, SLC, PCB and WICB.
New principle Test Cricket fund money to be available to South Africa as well
3. Original An Executive Committee (ExCo) to have four members, include three permanent representatives from CSA, BCCI and ECB who would share an annual rotating chairmanship.
New principle The establishment of an ExCo and Financial & Commercial Affairs Committee to provide leadership at an operational level, with five members, including BCCI, CA and ECB representatives
“After days of hectic...
photo: F&CA