MCC's world cricket committee says it would like to see Twenty20 cricket included at the 2024 Olympic Games to boost take-up of the game around the world.
Cricket is on the first rung of the ladder for inclusion at a future Games, having received full Olympic recognition in 2010, but would still have to apply to be on the program.
Now the earliest the International Cricket Council (ICC) can apply for the sport to feature at an Olympic Games is 2024.
But following a two-day meeting in Auckland, the MCC world cricket committee said any financial losses the game might suffer from the sport being included at an Olympics would be outweighed by extra exposure.
"The committee accepts that, were cricket to be played in the Olympics, there would be a short-term loss in income for the ICC, and therefore for dispersion to its members, but is impressed with the potential boost for the game worldwide if cricket were to be included,'' it said in a statement.
"Furthermore, the committee advocates Twenty20 cricket as the format to be played at the Olympics, thereby providing the 'pinnacle' of that form of the sport.''
MCC (Marylebone Cricket Club), which still has worldwide responsibility for the sport's rules, no longer has a day-to-day role in the global administration of the game.
But its world cricket committee, chaired by former England captain Mike Brearley and including greats like Steve Waugh and Rodney Marsh is regarded as an influential group within the sport.
The Auckland meeting saw New Zealand batting great Martin Crowe, who is suffering from cancer, stand down from the committee, having served since its inception in 2006.
Committee members wished him well, with Brearley thanking Crowe for his "passionate opinions, his enthusiasm and clear love of the game''.