DUBAI: The decks have been finally cleared for the Asia Cup today, as BCCI has officially transferred its hosting rights to the Cricket Board of the Emirates.
"The Board of Control for Cricket in India (BCCI) and the Emirates Cricket Board today signed an agreement for the United Arab Emirates to organize the 2018 edition of the Asia Cup," the BCCI said in a release.
The agreement was signed in Dubai with the BCCI represented by its acting secretary Amitabh Chaudhary and CEO Rahul Johri. The chairman of the Emirates Cricket Council, his highness Sheikh Nahyan bin Mubarak Al Nahyan, signed on their behalf.
Afghanistan, Bangladesh, India, Pakistan and Sri Lanka will take part in the tournament. They are joined by a sixth team – the winner of the qualifying match for the Asian Cricket Council.
The tournament will be held from 15 to 28 September in Abu Dhabi and Dubai.
The event was originally planned in India with BCCI playing the hosts, but the participation of Pakistan was an issue given the prevailing political situation between neighboring countries.
The BCCI could not obtain relevant permission from government security agencies to host Pakistan.
Earlier this year, the Asian Cricket Council (ACC) decided that the tournament will be moved to the UAE, but India will hold the tournament.
BCCI acting secretary Choudhary said: "We are grateful to the Emirates Cricket Board for hosting the 2018 Asia Cup on behalf of the BCCI, and we will see that some of the leaders in the sport are fighting each other for ultimate glory and I am convinced that cricket fans around the world will enjoy every moment of this prestigious event. "
the COA faction was not on the same page with BCCI office bearers regarding the transfer of hosting rights to the UAE.
As the organization would involve financial transactions in foreign currencies, a senior BCCI office holder pointed out that FEMA (Foreign Exchange Management Act) should be thoroughly checked after the IPL II fiasco when Cricket South Africa rich league.
The Asian Cricket Council (ACC) sanctions $ 2.5 million to hosts for organizational purposes, but it was pointed out that operating costs are rising in the UAE.
The BCCI release does not say what the profit sharing mode of ticket sales will be. The TV broadcast money goes to ACC.
The main attraction of this tournament are two insured clashes between Indo and Pakistan.
The President of the ECB said: "It is a great honor for the UAE to organize a prestigious event such as the Asia Cup, our country is home to a large proportion of the people from the participating countries. and we feel privileged and excited by the opportunity to bring their favorite sport here at their front door.
"This is the biggest cricket event to be held in the UAE and we will ensure every support to the 2018 Asia Cup a great success to make. "