MUMBAI: The tournament, which features the world's top eight international teams, is scheduled to start on June 1 with India's first fixture coming three days later against Pakistan, Indian media reported on Thursday.
But leading Indian broadcaster Star, who also beam major cricket tournaments to other parts of South Asia, are worried about the hit they could take on viewership if India pull out due to a dispute with the ICC.
"Yes a letter has gone to the ICC from our side because you must realise that the Champions Trophy is round the corner and a conclusion must be reached," a source told Cricketnext.
The Board for Control for Cricket in India (BCCI) have already failed to announce their squad before the deadline for the tournament in a stand-off over revenue.
The BCCI are unhappy with the new ICC revenue model which awarded India a reduced share of the money made from cricket all over the world.
The Indian cricket authorities are hoping the ICC will be forced to abide by the Members' Participation Agreement (MPA) of 2014, which controversially funnelled much of the revenue to the top three countries - India, Australia and England.
However, the BCCI claim their concerns about constitutional changes made by the ICC are not just financial: they are also worried about a dilution of their own role in running world cricket.
At present, India will be the fourth team in Group B of the Champions Trophy alongside Pakistan, South Africa and Sri Lanka while hosts England have been drawn with Bangladesh, Australia and New Zealand.