After much speculation and doubt, the BCCI has confirmed its participation in the ICC Champions Trophy.

The BCCI met at a Special General Body meeting on Sunday in Delhi to discuss whether or not to participate in the tournament.

There was speculation after India failed to submit their squad to the ICC by the 25 April deadline that the defending champions were protesting the restructuring of the revenue model, which sees their share in revenue cut from $570-million to $292-million.

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The BCCI issued a statement confirming that the decision to participate was unanimous among its members.

‘The Board unanimously authorised the acting Hony. Secretary of the BCCI [Amitabh Choudhary] to continue negotiations with the ICC in the best interest of the BCCI while keeping its legal options open,’ the board’s statement on its official website said. ‘The BCCI SGM unanimously decided that the Indian cricket team will participate in the upcoming ICC Champions Trophy.’

The Indian squad for the Champions Trophy, which begins on 1 June in England, will be announced on Monday.