India will participate in next month's Champions Trophy in England and Wales, the country's cricket board (BCCI) said after a special general meeting on Sunday.

Holders India did not submit a squad for the one-day international tournament by an April 25 deadline after the BCCI failed in a bid to halt a new revenue model being adopted by the International Cricket Council (ICC).

The BCCI had threatened to pull their team from the tournament in protest over changes to the revenue sharing and governance made at a recent International Cricket Council board meeting, reports, cricket.com.au

A statement from India's governing body read: "The BCCI SGM unanimously decided that the Indian cricket team will participate in the upcoming ICC Champions Trophy.

"The All-India Senior Selection Meeting will be held tomorrow, May 8, in New Delhi to pick the team."

The BCCI will also continue its negotiations with the ICC in the hope of securing a revenue deal it believes is more favourable.

The BCCI said it would be "keeping its legal options open".

Champions Trophy 2017

Group A: Australia, New Zealand, England, Bangladesh.

Group B: India, South Africa, Sri Lanka, Pakistan.

Schedule

Warm-up matches

26 May – Australia v Sri Lanka, The Oval

27 May – Bangladesh v Pakistan, Edgbaston

28 May – India v New Zealand, The Oval

29 May – Australia v Pakistan, Edgbaston

30 May – New Zealand v Sri Lanka, Edgbaston

30 May – Bangladesh vs India, The Oval

Tournament

1 June – England v Bangladesh, The Oval (Day)

2 June – Australia v New Zealand, Edgbaston (D)

3 June – Sri Lanka v South Africa, The Oval (D)

4 June – India v Pakistan, Edgbaston (D)

5 June – Australia v Bangladesh, The Oval (D/N)

6 June – England v New Zealand, Cardiff (D)

7 June – Pakistan v South Africa, Edgbaston (D/N)

8 June – India v Sri Lanka, The Oval (D)

9 June – New Zealand v Bangladesh, Cardiff (D)

10 June – England v Australia, Edgbaston (D)

11 June – India v South Africa, The Oval (D)

12 June – Sri Lanka v Pakistan, Cardiff (D)

14 June – First semi-final (A1 v B2), Cardiff (D)

15 June – Second semi-final (A2 v B1), Edgbaston (D)

18 June – Final, The Oval (D)