The Hindu : Sport / Cricket : Australia loses out in sponsorship dispute

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Saturday, Feb 10, 2007
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Australia loses out in sponsorship dispute

Dubai: ICC has ruled against Australia in a sponsorship dispute to protect the interest of its official event sponsors for the World Cup.

Cricket Australia (CA) had hoped to appoint foreign exchange specialist Travelex as its team sponsor for World Cup but the ICC denied the appointment because it was in conflict with its event sponsors VISA and Scotiabank.

``The ICCs Disputes Resolution Committee has ruled in favour of the game's governing body in a sponsorship dispute involving Cricket Australia,'' ICC said in a release.

``Cricket Australia wished to appoint Travelex Payments Limited (TPL) as its team sponsor for the tournament but the ICC was unable to approve it as TPL conflicted with event sponsors VISA and Scotiabank,'' ICC said.

``The ICC is extremely pleased that this matter has been resolved ahead of the forthcoming ICC Cricket World Cup, ICC CEO Malcom Speed said.

``The decision of the Disputes Resolution Committee creates an important precedent for future ICC events and, going forward, it will ensure that the position is clear for all stakeholders,'' he said.

The event sponsors had been appointed by the ICC's media rights partner, the Global Cricket Corporation (GCC).

Cricket Australia asked for the matter to be referred to the Disputes Resolution Committee. — PTI

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