The International Cricket Council (ICC) operates as a member-led organization governed by its 108 member nations, with the Board of Directors serving as the primary decision-making body. While the Board of Control for Cricket in India (BCCI) and Cricket Australia hold significant influence due to their financial contributions and market size, the ICC structure requires collective approval for major policy changes and revenue distribution models, according to the ICC’s official governance documentation.
Governance Structure and Board Influence
The ICC Board is composed of the chairpersons of the 12 Full Member nations, three elected Associate Member representatives, and an independent female director. While the BCCI represents the largest television market in global cricket, it holds only one seat on the Board, equal to the voting power of other Full Members.

Decisions regarding the Future Tours Programme (FTP) and the ICC financial model are ratified through a voting process. According to ESPNcricinfo reporting, the current financial distribution model—which allocates a larger percentage of revenue to the BCCI—was approved by a majority vote of the ICC Board in 2023. This model reflects the BCCI’s role in generating the majority of the ICC’s broadcast revenue, a point of contention for nations with smaller commercial footprints.
The Role of the ECB in ICC Policy
The England and Wales Cricket Board (ECB) functions as one of the "Big Three" cricketing nations, historically shaping the ICC’s strategic direction alongside the BCCI and Cricket Australia. The ECB’s influence is frequently exercised through the Finance and Commercial Affairs Committee, which oversees the implementation of revenue-sharing agreements.
Critics often argue that the concentration of power among these three boards limits the growth of cricket in emerging markets. However, the ICC’s 2023-2027 strategic plan emphasizes that funding for Associate Members is tied to performance metrics and development goals, rather than political influence. The ECB has maintained that its support for the current financial structure is necessary to ensure the economic sustainability of the global game, given that Indian broadcast rights account for the bulk of the ICC’s income.
Financial Distribution and Market Realities
The disparity in revenue distribution is a direct result of the ICC’s commercial strategy. In the current cycle, the BCCI is projected to receive approximately $230 million annually, representing 38.5% of the total ICC net surplus.

| Stakeholder | Estimated Annual Share |
|---|---|
| BCCI | $230 Million |
| ECB | $41 Million |
| Cricket Australia | $37 Million |
| All Other Full Members | Varies by size/ranking |
Source: [ICC Financial Model projections, 2023-2027 cycle]
This distribution is based on a weighted formula that accounts for an individual board’s contribution to ICC commercial revenue, their historical performance, and their participation in ICC events. The ICC maintains that this model incentivizes boards to invest in high-quality cricket, which in turn drives the broadcast value required to fund the global development of the sport.
Accountability and Future Oversight
The ICC’s governance remains under scrutiny from member nations that seek a more equitable distribution of funds. Future changes to the ICC constitution or financial model require a two-thirds majority vote from the Board. As of the most recent quarterly meetings, there have been no formal motions to dismantle the current financial framework, suggesting that the majority of Full Members continue to prioritize the revenue generated by the BCCI-led market over alternative distribution models.