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`Progress on release of World Cup dues'

LONDON, FEB. 19. The Board of Control for Cricket in India (BCCI) President Jagmohan Dalmiya said there has been progress in India's efforts to get the release of World Cup guarantee money from the International Cricket Council (ICC) after a three-day meeting of the contracts sub-committee that concluded here on Thursday.

Dalmiya, however, declined to give further details on the issue. ``There has been progress but I would not like to say anything more on it,'' he told PTI shortly before leaving for Kolkatta.

According to an ICC spokesman, there was no scheduled meeting of the ICC contracts sub-committee here. ``But we continue to hold discussions to resolve the issue,'' he said.

ICC has withheld $6.5 million from India's share of World Cup profits pending resolution of the cricketers' contracts dispute with the event sponsors.

The BCCI has said that the ground for holding back India's share was frivolous, as were the claims of damage by the World Cup marketing agents, Global Cricket Corporation and World Sports Nimbus.

While the GCC-WSN has reportedly claimed damages worth $47.34 million, the BCCI has said that GCC-WSN had been able to sell 97-98 per cent of television slots. — PTI

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