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Back to the main subject of equal distribution (more than 90 cricket boards). Hypothetically if it gets approved then I am positive PCB, AFC, BCB, SLC, CSA, NZC, and WICB will be bankrupt within 1-2 years and there would be zero test cricket in these countries. PIG-3 will suffer too but they can sustain themselves.
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At the most there are 25-30 countries where cricket is played. ICC has a membership of 100 plus, but in 70% to 75% of the cases, these are fake national teams entirely made of foreigners. Only countries such as Kenya and Nepal, where cricket is mostly played by natives should count. I have analyzed some of the "national" teams such as Czech Republic and Norway. These teams are entirely made up of medical students and embassy staff from the subcontinent. If they receive funding of ~10 million USD per year, how is it going to be spent? It can result in a condition even worse than what we have in Zimbabwe right now.