Shashank Manohar reverses decision to resign from ICC

Manohar, who cited "personal reasons" when he made the announcement last week that he was resigning, has agreed to defer his departure.

The world governing body released a statement on Friday morning, which read: "ICC chairman Shashank Manohar has today agreed to defer his recent resignation following an ICC board resolution to request him to remain in post was passed with overwhelming support earlier this week.

"In a significant show of support for Mr Manohar, the board asked him to withdraw his resignation or at the very least defer it until the ongoing process relating to governance and financial restructuring are completed."

The 59-year-old's resignation came after only eight months in his post and at a time when the ICC is preparing, under his leadership, to modify the controversial constitutional changes which three years ago resulted in India, Australia and England becoming known as the 'Big Three' because of the amount of revenue and power they share.

Explaining his U-turn, Manohar thanked the board for its support but indicated he will continue only as long as is necessary.

Significant further progress towards reform is anticipated at ICC meetings scheduled for next month.

Manohar said: "I respect the sentiments expressed by the directors and the confidence they have reposed in me.

"In the light of this, and although my decision to depart due to personal reasons has not changed, I am willing to continue as chairman till the responsibility as per the resolution is complete.

"I have duty to work with my colleagues to enable a smooth transition and continue our work on the governance of the ICC."

Cricket Australia chairman David Peever added his support for Manohar in the ICC statement.

"This resolution is a clear indication that while the board may not yet agree on the detail of our reform process, we are committed to the overarching philosophies of it," said Peever.

"We all believe that Shashank should be the man to see it through - and while respectful of a decision made for personal reasons, we are delighted that he has agreed to remain in post until the completion of the 2017 annual conference where we can elect a successor."

Vikram Limaye, of the Board of Control for Cricket in India, added: "It is important that the current issues are resolved to everyone's satisfaction.

"We had a productive meeting with Mr Manohar recently (prior to his resignation) wherein we outlined the concerns of BCCI on the financial model and governance issues and our suggestions for resolution. We are committed to working with ICC for a satisfactory resolution of these issues."

Bangladesh Cricket Board president Nazmul Hassan said: "For the greater interest of cricket, we need Shashank as the chairman of ICC especially at this critical juncture. He can be assured of our full support."