BCCI hires UK law firm to send legal notice to ICC over revenue model feud: Report

New Delhi: After being stumped in an ICC Board Meeting in Dubai recently, the Board of Control for Cricket in India (BCCI) is all set to send a legal notice to the world body.

According to a report in The Times of India, the Indian board has hired a UK firm for the same which has drafted a notice citing violation of a contract, which is the Members Participation Agreement (MPA).

The MPA, signed back in 2014 when N Srinivasan was the chairman of the ICC, is registered in the UK courts of law.

A section of BCCI officials is eager to pass a resolution in favour of taking legal action against the global body headed by former BCCI chief Shashank Manohar.

The decisions regarding the participation in upcoming Champions Trophy will be taken in the Special General Meeting (SGM) on May 7.

In case the BCCI SGM decides on a pull-out, there is every possibility that COA will seek a directive from the Supreme Court.

Last month, the BCCI was crushed 1-13 at the ICC Board meeting where the proposed revenue model was put forth for a floor test.

This was after BCCI's share from ICC revenue was reduced from USD 570 million to USD 293 million.

Initially, BCCI was offered an additional USD 100 million by Manohar -- an offer which India rejected.

However, the ICC's offer still stands as it is ready to pay the additional USD 100 million. Manohar has apparently told BCCI officials in Dubai that if their general body is game for an additional USD 100 million, he would then get it ratified in a board meeting later this month.