The International Cricket Council (ICC) dealt with a major blow as it incurred an INR 167 crore loss after hosting the T20 World Cup 2024 in the United States of America (USA), according to a report by PTI.

The T20 World Cup 2024 saw the United States host 55 matches with three stadiums in the USA hosting the matches: Lauderhill, Florida; Nassau County, New York; and Dallas, Texas. It should be noted that the much-anticipated clash between arch-rivals India and Pakistan was hosted in the US while most of the knockout matches were played in the Caribbean.

The loss dealt by the governing council will be discussed at the ICC Annual Conference starting on Friday in Colombo. However, the topic will not be a part of the nine-point agenda of the Annual General Meeting (AGM).

“It is not about how but when, as he still has one year left as BCCI secretary before his cooling off period in the Indian board starts in 2025 as per the constitution. However, if he has to take over in 2025, then Barclay can’t complete his third term of two years from December 2024 to December 2026,” the ICC source said.

“There is a school of thought that what if ICC’s chairmanship term changes from three terms of two years each to two terms of three years, so the cumulative term can remain six years.”

According to a report in the PTI, another main part of the discussion for the AGM will be BCCI honorary secretary Jay Shah replacing the incumbent Greg Barclay as the ICC chairman in the November elections.