Headline! ICC decides to roll back Big Three system

The International Cricket Council (ICC) on Saturday agreed in principle to revise the ICC constitution, paving way for rolling back the Big Three system and ensuring more equivalence among the members of the body, said the ICC in a statement.

The decision was taken at the first ICC Board meeting of 2017 in Dubai. The ICC Board agreed to revise financial distribution, ensuring a more equitable distribution of revenues.

It also agreed to further progress on future international cricket structures and agreement around the consistent use of Decision Review System (DRS).

The council's board agreed to work collaboratively on the detail of the constitution and model, with a view to achieve a final sign off at the April board meeting and submission to the full ICC Council in June.

“Today was an important step forward for the future of the ICC and cricket around the world. The proposals from the working group to reverse the resolutions of 2014 and deliver a revised constitution and financial model were accepted by the ICC Board," said ICC Chairman Shashank Manohar following the meeting.

“I want the ICC to be reasonable and fair in our approach to all 105 Members and the revised constitution and financial model does that. There are still details to work through and concerns to be addressed, but the principle of change is agreed and not for debate."