This and many more decisions were taken at the BCCI Apex Council meeting on June 20, 2021.
It has been reported that BCCI will bid for one Champions Trophy in 2025, a T20 World Cup in 2028, and a 50-over World Cup in 2031 in the cycle of ICC events, which begin from 2024.
"Yes, we would be bidding for the 2025 Champions Trophy along with the 2028 T20 World Cup and the 2031 50-over World Cup. The Apex Council has agreed on this, in principle," a senior office-bearer told PTI on conditions of anonymity.
ICC has decided to revive the Champions Trophy tournament, which was last played in 2017 in England. India has won the trophy in 2013, also in England, and were joint winners in 2002 in Sri Lanka. India had hosted the Champions Trophy tournament in 2006.
“The Champions Trophy is a short tournament but is an immensely popular one. It was only fair that after the 2023 World Cup in India, we bid for the 2025 Champions Trophy. India should be in a position to host a global event every two to three years and hence we are bidding for three events," the official said.
The ICC has decided that from the next cycle, the 50-over World Cup will be a 14-team event while the T20 World Cup's teams will be increased from 16 to 20.
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Also decided in the meeting was that the BCCI will form a 10-member committee to decide the mechanism of compensation for the domestic players due to the cancellation of the Ranji Trophy, last season.
"It has been decided that a 10-member panel will be formed. One representative from each of the six zones will be there (North, West South, East, Central, and North East) along with four office bearers which includes president Sourav Ganguly and secretary Jay Shah," the official said.
"We have to find a workable solution where we can distinguish between players who should be paid and the ones who can't be paid. There needs to be a consensus as anyone can claim that he would have played first-class cricket this year. Also giving lump-sum amount to state units hasn't found much favor within the Board," the official said.
The Ranji Trophy players currently get ₹1.40 lakh per match as match fees and also another handsome amount from BCCI's Gross Revenue Share (GRS). A domestic player without an IPL contract and playing all three formats domestically can earn around 20 lakh per annum.
(PTI inputs)