The Board of Control for Cricket in India (BCCI) might earn round Rs 9 billion from the following five-year cycle between 2023-2027 from ICC’s share of annual revenue. While the revenue share of India’s cricket board is predicted to be 38.5%, the share of the Pakistan Cricket Board is predicted to be 5.75%.
This remains to be not official however an influential ICC member mentioned that it’s only a matter of time earlier than BCCI is formally given round $231 million from ICC’s annual revenue of $600 million.
“It is a proposed model and it’s based on cricket (rankings), performance (in ICC events), and commercial (contribution to sport). Now India contributes such a significant share to the commercial element,” a senior BCCI supply informed PTI on situation of anonymity.
While India will earn 38.50% of ICC’s revenue, the second-highest cricket board to profit is much behind with annual earnings of 6.89%. According to ESPNCricinfo, England and Wales Cricket Board (ECB) are the second-best beneficiary with annual earnings of $41.33 million, whereas Australia with $37.53 million (6.25%) are a distant third. The PCB is fourth with $34.51 million revenue.
During the final FTP cycle (2018-2022), ICC’s annual revenue was close to half $307 million roughly and $1536 million for 5 years.
BCCI earned $405 million for 5 years after bargaining between the erstwhile Committee of Administrators (CoA) and the then ICC chairman Shashank Manohar, who did not have too many associates on the board at the moment. It was nonetheless round 26 per cent of the annual share again then.
In the final FTP cycle, ECB was second greatest with a share of 7.8 per cent whereas all different boards barring Zimbabwe bought 7.2 per cent. As the proposed mannequin, ICC will allot round 11 per cent of its revenue to all affiliate nations this time whereas final time it was round 14%.
(Inputs from PTI)
