BRIDGETOWN, Nov 27: The West Indies Cricket Board (WICB) has asked the ICC for the US$3 million it would have received for the latest Champions Trophy, but the board has denied that it is a loan.

The tournament would have been held in September in Pakistan, but was postponed owing to security fears.

“We are not in the process of loaning the WICB any money; instead it has asked for the money it was due for the latest ICC Champions Trophy to be advanced to it,” an ICC spokesman said.

The WICB has also failed to find a sponsor for its domestic one-day tournament after KFC opted not to renew its deal, and this has cost it more than $500,000.

The ICC is almost certain to agree to the request.—Agencies