Next 3 years BCCI will earn a lot
1900 crores will be received from ICC in a year itself.
New Delhi. The Board of Control for Cricket in India is about to get richer. His status will increase further in the International Cricket Council. Under the new revenue distribution model being prepared by ICC for the next 4 years, BCCI will emerge as a powerhouse in world cricket. During this period, 40 percent of the net income of the ICC will come to the BCCI. However, only the proposal of the new revenue model has come to the fore. But, according to ESPNcricinfo report, according to this model, BCCI can earn US $ 230 million (about Rs 1900 crore) every year between 2024-2027 or BCCI will have 38.5% share of ICC’s annual income of Rs 5000 crore. .
In this proposed model, ECB will be the highest earning cricket board after India. The England and Wales Cricket Board can earn 6.89% of the total income of the ICC. After this, the number of Cricket Australia will come. CA will get 6.25 percent of the annual earnings of the International Cricket Council. On the other hand, only 5.75 percent of the total earnings will come to Pakistan. Where India will earn 1900 crores of the year. At the same time, PCB’s earnings will be around 283 crores. That is, BCCI will get 9 times more amount than PCB from ICC’s revenue pool.
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This figure of annual income is based on the estimated earnings of ICC, which were sold in five different territories globally including the Indian market. A major part of that money came from the sale of media rights in the Indian market. The Disney star recently bought the media rights for 4 years.
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The proposed revenue model was prepared by a team of ICC. It was worked out by the Finance and Commercial Affairs (F&CA) committee before being discussed by the ICC Board in March.
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FIRST PUBLISHED : May 10, 2023, 15:32 IST