Now, hours after a After CEO Rahul Johri, now Saba Karim resigns from post as BCCI General Manager According to TOI, a reliable source in the BCCI expounded on the hiring strategy of the Sourav Ganguly-led cricket board. The plan is to recruit 3 GMs and pay them half the amount, instead of hiring a CEO at a salary of ₹7-8 crore. All that will have to be taken into consideration. BCCI will pay 0.5% of the incremental cash inflow which will accrue to BCCI out of the efforts of Executive restricted to Rs 3,00,00,000/- (Rupees Three crore only) maximum for the period of third year of service and applicable for the year commencing from 1st June 2019,” his contract further reads. For reprint rights: Rahul Johri wants the CoA to look into his increment process (Courtesy by BCCI)BCCI CEO Rahul Johri wants increment, officials question validity According to a report published in PTI, the top BCCI officials feels that the positin of CFO is redundant as treasurer is their point person.. But following the Supreme Court verdict at the start of the year, which cleared out most of the heavyweights in the BCCI, Johri found himself as the unofficial chief, charged with handling every aspect of the day-to-day functioning of the board. This is perhaps due to the presence of treasurer Arun Dhamal, though this can only be speculated at the moment. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. “BCCI will pay 0.5% of the incremental cash inflow which will accrue to BCCI out of the efforts of Executive restricted to Rs 1,00,00,000/- (Rupees One Crore only) maximum for the period of first year of service and applicable for the year commencing from 1st June 2017,” the contract reads.The contract also indicates that Johri’s performance will be evaluated annually by the board. BCCI reinstates complimentary tickets quota for international games. But here’s what truly makes us better. That was under the presidency of Shashank Manohar and secretary Anurag Thakur. As it stands though, the BCCI will continue to pay him 0.5 per cent of their increased revenue for the next two years with the “maximum” limit of the annual hike limited to Rs 1 crore per year.

For reprint rights: Times Syndication ServiceMUMBAI: The job market scene may be a bit bleak in the post Harbhajan Singh pulls out of IPL 2020 due to personal reasons IPL 2020: Mumbai Indians' skipper Rohit Sharma looks in fine form during training session Top 5: Raina & Dhoni top CSK's all-time run getters' list Top 5: Kohli, ABD top RCB's all-time run getters' list Grocery shopping tips to stay safe amid coronavirusFace shields for an added protection when you step out of your homeWebcams with built-in mic for easy vlogging and conferencing "A former BCCI official who was also present in the meeting where Johri's appointment was put before the board said: "When he had been appointed he was supposed to make a presentation to the BCCI where he would tell the house about the new revenue streams and how he would add to the value. On official duty, the board bears the cost of travel, boarding, lodging, conveyance and other related expenses in accordance with BCCI rules.In a mail sent by the CEO to the CoA, the Amicus Curiae, the CFO and the legal team, Johri had said that he remains the only person in the board who hasn't been paid an increment in the last two years. The former executive vice-president and general manager South Asia of Discovery Networks was appointed as the first-ever CEO of the Indian cricket board on June 1, 2016. The BCCI already had a series of existing revenue streams that were giving the BCCI substantial income, the idea was that if we have a professional CEO, he was supposed to add new revenue streams as the old streams really took care of themselves on their own. Updated: March 7, 2017 10:46:20 am These broadcast rights and the systems in place which have given the money to the BCCI were in place long before a CEO was even dreamt of. The CoA in August had given a handsome salary hike to the CFO despite senior member Diana Edulji’s reservations. "The rights value grow at a particular percentage and that is how the value is arrived at even by the companies that bid for the rights. We are already nearing the end of third year of my Employment Agreement i.e. BCCI members feel CEO Rahul Johri is being paid handsomely for towing CoA’s line. Thakur, who was present in the court, said he had never intended to file any false information before the apex court and filed an affidavit explaining the circumstances under which the averments made by him led to the initiation of contempt proceedings.“I (Thakur) have tendered my unconditional and unqualified apology and I have explained the circumstances. The report also shed light on Saba Karim’s departure, revealing that the former cricketer resigned because he was asked to leave.


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