ICC forms three-member panel to review conduct of T20 World Cup

Reportedly, the ICC has incurred losses over $20m for conducting matches in New York, Florida and Dallas. Apparently, the tournament's expenses for the US leg overshot the allocated budget by a long margin, something that was pointed out by Pankaj Khimji of Oman.
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The International Cricket Council (ICC) has recently announced a major restructuring of the cricketing landscape with the formation of three new formats for the sport. The move comes as a response to the changing dynamics of the game and to cater to the demands of a modern, fast-paced world. The three new formats introduced by the ICC are as follows: 1. T20 World Cup: The T20 World Cup will continue to be the flagship event of the ICC, with the tournament now being held every two years instead of four. This format has gained immense popularity over the years due to its fast-paced nature and high-octane action. The T20 World Cup will feature the top teams from around the world competing for the prestigious title. 2. ODI Super League: The ODI Super League is a new format introduced by the ICC to revitalize the 50-over format of the game. The league will feature the top 13 teams in the world playing a series of bilateral ODI series over a two-year period. The top teams from the league will then qualify for the ODI World Cup, which will be held every four years. 3. Test Championship: The Test Championship is a new initiative by the ICC to bring more context and meaning to Test cricket. The championship will see the top nine Test-playing nations competing in a league format over a two-year period, with the top two teams facing off in a final to determine the Test champions. This format aims to preserve the traditional format of the game while adding a competitive edge to Test cricket. Overall, the introduction of these three new formats by the ICC is a positive step towards modernizing and revitalizing the game of cricket. The move is expected to attract more fans, increase viewership, and enhance the overall competitiveness of the sport. Cricket fans around the world can look forward to an exciting future with these new formats in place.

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