The ICC’s Dispute Resolution Panel on Wednesday ordered Pakistan to pay 60% of the cost demanded by the BCCI after the world body’s rejection of the PCB’s compensation claim which blamed India for lack of bilateral series between the two nations.
Nearly a month after rejecting the Pakistan Cricket Board’s (PCB) compensation claim against India for allegedly failing to honour a Memorandum of Understanding on bilateral cricket, the ICC announced the costs award for the two Boards.
“...the Panel orders the PCB to pay the BCCI sixty percent (60%) of: (a) the Claimed Costs; and (b) the administrative costs and expenses of the Panel...,” the ICC committee said in its fresh judgement, which is binding.
The BCCI, on the other hand, has been asked to pay 40 per cent of the administrative costs and expenses of the DRC. The judgement did not specify the exact amount that was claimed by the Indian Board.
The PCB had demanded ₹447 crore compensation after alleging that the BCCI didn’t honour the MoU that required India to play six bilateral series between 2015 and 2023.
The BCCI, on its part, maintained that the alleged MoU was not binding and did not stand as Pakistan failed to honour a commitment to support the revenue model suggested by India for the ICC.
The ICC then constituted a three-member Dispute Resolution Committee (DRC) to look into the PCB’s compensation claim. The hearing took place at the world body’s headquarters here from October 1-3.
“For the BCCI, the victor in the arbitration, to be deprived of all its costs would appear to the Panel to be inappropriate, where the BCCI too had disputed the claim in good faith,” the ICC panel stated.