BCCI boss Jay Shah likely to replace Greg Barclay as new ICC chairman amid $4.5 billion TV rights fight

News Network
August 21, 2024

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The Board of Control for Cricket in India (BCCI) secretary Jay Shah is all set to replace the incumbent Greg Barclay as the new chairman of the International Cricket Council (ICC), according to media reports. 

The development comes amid a $US3 billion ($4.46 billion) dispute between the governing body and its major broadcast rights holder Star, which is seeking relief from the enormous deal it signed with the ICC in late 2022 for the rights to broadcast global cricket events into India from 2024 to 2027.

Star chiefs want to renegotiate the deal and reduce its value by up to half, potentially meaning the loss of millions of dollars from the budgets of major cricket countries over the next four years.

ICC directors have been served with a reduction notice from Star, a trigger for renegotiating the rights or possibly moving to “blend and extend” the deal on revised terms for a longer period.

Star’s winning bid for both TV and digital rights, of some $US3 billion over four years, was made on the understanding that it would on-sell a portion of the deal to ZeeTV, which in turn was in the process of a merger deal with Sony.

However with the ZeeTV-Sony merger collapsing, ZeeTV has likewise backed out of sub-licensing the ICC rights, leaving Star to foot the entire bill. The company’s discomfort with the cost of winning the rights was underlined by an unsuccessful request, earlier this year, to relocate the T20 World Cup from the USA and the Caribbean to India.

Barclay told ICC directors, including Cricket Australia's chair Mike Baird, that he has no intention of running for the post, for the third term during a video conference. His decision comes after being informed of Jay Shah's intentions to replace him in November. Shah has the backing of cricket boards from England and Australia, and hence, has the numbers to do be crowned the as the chief of the ICC.

ZeeTV and Star are fighting out the circumstances of their collapsed deal in the London Court of International Arbitration. At the same time, Star is in the process of being sold by Disney to the Indian conglomerate Reliance Industries, which owns the broadcaster Viacom18.

Jagmohan Dalmiya (1997 to 200) and Sharad Pawar (2010-2012) are the only two Indians who have held the position of ICC's chief in the past. Shah, who is also the son of India's home minister Amit Shah, will become the third to do so when he officially replaces Barclay in November.

"ICC chair Greg Barclay confirmed to the board that he will not stand for a third term and will step down from the post when his current tenure finishes at the end of November. Barclay was appointed as the independent ICC chair in November 2020, before being re-elected in 2022," an ICC spokesperson told The Age.

"Current directors are now required to put forward nominations for the next chair by 27 August 2024 and if there is more than one candidate, an election will be held with the term of the new chair commencing on 1 December 2024."

As per ICC rules, the chairman's election comprises of 16 votes and now a simple majority of nine votes is required (51%) for the winner. Earlier, to become the chairman, the incumbent needed to have two-third majority.

He enjoys a lot of goodwill with most of the 16 voting members. Currently, Shah has another one year left as the BCCI secretary before going on a mandatory cooling off period of three years from October, 2025.

As per the BCCI constitution approved by the Supreme Court, an office bearer can stay for six before he needs to go for a cooling off of three years. In all, a person can stay in office for a cumulative period of 18 years, -- nine in state association and nine in BCCI.

If Shah decides to move to ICC with a year of his secretaryship still left, he will have four years left in the BCCI.  At 35, he will become the youngest chairman in the history of ICC.

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News Network
February 1,2026

US President Donald Trump on Saturday claimed that the government of India led by Prime Minister Narendra Modi has made a deal to buy Venezuelan oil, as opposed to purchasing it from Iran.

"We've already made that deal, the concept of the deal," he told reporters on Air Force One.

Trump had imposed 25% tariffs on countries buying Venezuelan oil, including India, in March 2025. He had also hit India with tariffs for buying Russian oil, saying it was "funding" President Vladimir Putin's war against Ukraine.

Trump has said that the US has taken control of the oil-rich Venezuela after capturing former President Nicolas Maduro in January.

A fleet of 18 ships loaded with crude oil bound for refineries in Texas, Louisiana, and Mississippi in January, the most since December 2024, according to a report by the news agency Bloomberg.

Combined crude deliveries to the US will reach about 2,75,000 barrels a day, more than doubling volumes seen in December last year. Shipments to China, which averaged 4,00,000 barrels a day last year, fell to zero in January.

PM Modi, Venezuelan President Agree To Expand Ties

Prime Minister Narendra Modi and Venezuela's acting President Delcy Rodriguez spoke on Friday and agreed to take the bilateral relations to "new heights" in the years ahead.

It was the first phone call between the two leaders since the capture of Maduro and his wife by the US on January 3.

"Spoke with Acting President of Venezuela, Ms. Delcy Rodriguez. We agreed to further deepen and expand our bilateral partnership in all areas, with a shared vision of taking India-Venezuela relations to new heights in the years ahead," PM Modi said in a post on X.

A statement from Prime Minister Modi's office said the two leaders agreed to further expand and deepen the India-Venezuela partnership in all areas, including trade and investment, energy, digital technology, health, agriculture, and people-to-people ties.

They exchanged views on various regional and global issues of mutual interest and underscored the importance of their close cooperation for the Global South, the statement said.

Rodriguez also said that they discussed partnerships in the fields of agriculture, science and technology, mining, and tourism, as well as the pharmaceutical and automotive industries.

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News Network
January 19,2026

New Delhi: Setting speculation to the rest, the CPI(M) has made it clear that it is open to have an electoral understanding with the Congress “to defeat” the Trinamool Congress and the BJP in West Bengal Assembly election even as it is all set to take on the grand old party in Kerala accusing it of “found wanting” in fighting the Hindutva forces.

The CPI(M) also said that it will contest the Tamil Nadu election “with DMK and its allies to defeat the BJP and its allies”, amid a section in the Congress triggering confusion about its participation in the M K Stalin-led coalition over demand over power-sharing and more seats. It is also willing to join hands with Congress and others in Assam and Puducherry to defeat the BJP.

The decisions came at a three-day meeting of the CPI(M) Central Committee in Thiruvananthapuram, which ended on Sunday after reviewing the poll preparations in the poll-bound states.

The CPI(M)'s decision came even as a section led by West Bengal Congress president Subhankar Sarkar is averse to tying up with the Left Front, claiming that their party is not benefitted by the electoral understanding. Both Congress and CPI(M)-led Left Front had electoral understanding in 2016 and 2021 Assembly elections and 2024 Lok Sabha polls.

Congress and the Left Front fought together for the first time in 2016 when Congress won 44 seats and the CPI(M) got 26. In 2021, the Left Front and the Congress drew a blank. In the 2024 Lok Sabha polls, Congress managed to win one seat while the Left did not win any. In the 2019 Lok Sabha polls, both fought against each other with Congress winning two and the Left none.

“In Bengal, the party will work for the defeat of both the TMC and the BJP, which are trying to polarise the society. We will try to rally all the forces that are ready to work against them,” the CPI(M) said in a statement without naming Congress by name. Senior leaders said there is no change in its strategy of pooling all non-BJP, non-TMC votes.

However, the party was critical of the Congress in Kerala where both will fight against each other.

The CPI(M) said it would "expose the BJP-led Union government’s denial of rightful dues to Kerala, the fiscal constraints imposed and the overall attack on federalism" as also "expose the failure of the Congress to effectively counter this attack on federalism, as the largest opposition party in the Parliament".

"The Congress, especially in Kerala, was found wanting in the fight against communal RSS-BJP, ideologically and this will also be exposed before the people," it added.

In Assam, it said, the CPI(M) will work for the mobilisation of all the anti-BJP parties and forces and defeat the rabidly communal and divisive BJP government. The Left parties are cooperating with Congress in the north-eastern state. In Puducherry, it said it will work for the defeat of the BJP alliance government.

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News Network
February 1,2026

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Sunday criticised the Union Budget presented by Finance Minister Nirmala Sitharaman, claiming it offered no tangible benefit to the state.

Though he said he was yet to study the budget in detail, Shivakumar asserted that Karnataka had gained little from it. “There is no benefit for our state from the central budget. I was observing it. They have now named a programme after Mahatma Gandhi, after repealing the MGNREGA Act that was named after him,” he said.

Speaking to reporters here, the Deputy Chief Minister demanded the restoration of MGNREGA, and made it clear that the newly enacted rural employment scheme — VB-G RAM G — which proposes a 60:40 fund-sharing formula between the Centre and the states, would not be implemented in Karnataka.

“I don’t see any major share for our state in this budget,” he added.

Shivakumar, who also holds charge of Bengaluru development, said there were high expectations for the city from the Union Budget. “The Prime Minister calls Bengaluru a ‘global city’, but what has the Centre done for it?” he asked.

He also drew attention to the problems faced by sugar factories, particularly those in the cooperative sector, alleging a lack of timely decisions and support from the central government.

Noting that the Centre has the authority to fix the minimum support price (MSP) for agricultural produce, Shivakumar said the Union government must take concrete steps to protect farmers’ interests.

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