The development is in the form of six recommendations to be delivered to the International Cricket Council board from its chief executives' committee.

BBC: ICC set to bring in Test league and play-off

"Restructuring international cricket is a significant strategic challenge and one that must be dealt with, " said Lorgat after a two-day chief executives' committee meeting in Cape Town this week.

BBC: ICC set to bring in Test league and play-off

The controversy has raised questions about the ICC's ability to combat corruption in the sport, and, following calls from all 10 Test-playing nations, the international governing body's chief executives' committee has proposed a potentially independent review of its anti-corruption measures.

BBC: Pakistan's Butt, Amir and Asif to contest ICC charges

This columnist once heard Mr Welch tell a chief executives' boot-camp that the key was to have the compensation committee chaired by someone older and richer than you, who would not be threatened by the idea of your getting rich too.

ECONOMIST: Online, straight from the gut and politically incorrect

McCall, the former New York State controller, was heard to muse that the NYSE compensation committee hasn't decided whether Grasso's pay should be comparable to that of other chief executives or of top government regulators.

FORBES: Grasso Overpaid By Any Measure