ICC new Letter threatens India of losing the Hosting Right of 2023 World Cup

ICC proposes two new tournaments for 2023-2031 cycle

ICC proposes two new tournaments for 2023-2031 cycle(Pic Source:ICC-cricket.com)

The International Cricket Council’s latest stance on giving hosting writes to India and other Full Members could snatch the 2023 World Cup hosting rights from India. The Apex body have expressed their reservations over the governing body’s hosting model. According to the latest letter sent out by The ICC, if India as well as other Full Member nations don’t comply with the governing body’s new model they will lose the hosting writes of ICC events in near future.

According to The Times of India, the letter has demanded government guarantees from the hosting nations of ICC tournaments.  Signed by the ICC’s chief executive officer Manu Sawhney, the letter asks for the tax exemptions from local governments in case of hosting ICC events in any member country.

“What’s happening is utter madness. And India still doesn’t seem to be in a position to do much about it, because it has to first wait for the Supreme Court’s order. [Shashank] Manohar [the ICC chairman] has already said that India will lose the 2023 World Cup if it doesn’t get tax exemptions. This is worrying because we all know what happens if things go that way, quipped a BCCI official in the knowledge of the development.

The ICC seeks tax exemption from every member nations for conducting global events and but this Tax Exemptions has been the bone of contention for BCCI from a very long time.Due to the taxation laws in India, ICC didn’t get any tax exemption for the 2016 T20 World Cup as well.

Consequently, the apex body of the game lost quite a good chunk of amount after hosting the last T20 World Cup in 2016 in India. Though BCCI tried coerce Indian government for making the tournament tax free but the Indian government didn’t soften its stance on Taxation Laws. And for a result India are still waiting to receive the hosting fee for the 2016 T20 World Cup.

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With ICC now taking a tough stance on the same, it puts India’s rights for hosting the 2023 50-over World Cup in danger. With the BCCI has no such liberty of Tax Exemptions and the governing body’s letter making it clear that without guarantees any member will not beallowed to host any ICC event over the next eight-year cycle that runs from 2023 and 2031, India might lose hosting rights of a number of upcoming ICC tournaments.

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