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The International Cricket Council is looking into the possibility of moving from Dubai back to its former headquarters at Lord’s.

ICC chief executive Haroon Lorgat and board president David Morgan confirmed to Cricinfo that it was considering the feasibility of the proposal, which was raised during a recent executive board meeting in October.

With Dubai’s economy stagnating, it has been suggested in recent weeks that the tax benefits the ICC has enjoyed since moving in 2005 are now outweighed by the disadvantages of being based in the region.

Morgan told the criket website: “The board at its last meeting decided that they would like to move back to Lord’s from Dubai. I took the initiative by saying that the chief executive and I would carry out a feasibility study.

“It’s all very well to decide it would be nice to move back to Lord’s or relocate to place X or Y, but there will be cost implications. What I’ve done is put together a small, specialist team. We’ve not yet met, but a great deal of the preparatory work is under way. We’ll carry out a feasibility study with the necessary due diligence.”

Lorgat added: “"Dubai is convenient in terms of location, but obviously it is not a Test nation which is something that could be dragging on the minds of some members. But there is a misconception that the location of the ICC determines its costs. No matter where the ICC is located, more than two-thirds of its costs are possessional. We look after cricket, umpires, referees, and no matter where you are, those costs will be the same.”