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BCCI ICC Revenue: BCCI’s Mammoth Share in ICC’s Revenue Model Unveiled

REMYA BABU S by REMYA BABU S
May 12, 2023
in Cricket, News, Recent News, Sports
0
BCCI ICC Revenue

Image Credits : source via Twitter

BCCI ICC Revenue: The Board of Control for Cricket in India (BCCI) is poised to become the true powerhouse of international cricket, as the International Cricket Council (ICC) proposes a groundbreaking financial model for the upcoming 2024-2027 cycle. With an astounding allocation of 38.5% of the ICC’s annual revenues, the BCCI’s financial dominance is set to solidify its status as the most significant player in the game.

The ICC's next revenue-distribution model looks set to confirm the BCCI as the only really big player in the game

Details ⏩ https://t.co/kYWrbrUL0u pic.twitter.com/nQxCFNIhlA

— ESPNcricinfo (@ESPNcricinfo) May 10, 2023

Here’s everything you need to know about the BCCI’s colossal share and how it will reshape the cricketing landscape : BCCI ICC Revenue

Projected annual income (in rupees) of boards in new finance model of ICC:

BCCI: 1800 crore (38.5%)
ECB: 338 crore (6.89%)
Cricket Australia: 307 crore (6.25%)
PCB: 282 crore (5.75%)

Rest boards will earn lesser than 5% of total ICC revenue i.e. 4800 crore rupees annually. pic.twitter.com/PLZTEdCZcq

— Himanshu Pareek (@Sports_Himanshu) May 10, 2023

BCCI’s Share

  • The BCCI is projected to receive an eye-watering amount of approximately 18,886 crore (US$231 million) annually.
  • This staggering figure accounts for nearly 40% of the ICC’s net surplus earnings, firmly establishing the BCCI as the top earner among cricket boards.

Proposed Revenue Distribution

  • The revamped ICC finance model aims to ensure a fair distribution of revenue among member boards.
  • The England and Wales Cricket Board (ECB) is expected to receive around 6.89% of the ICC’s earnings, while Cricket Australia (CA) follows closely with 6.25%.
  • Other boards, such as the Pakistan Cricket Board (PCB), New Zealand Cricket (NZC), and the West Indies Cricket Board (WICB), are anticipated to earn smaller shares ranging from 4.58% to 5.75%.

BCCI ICC Revenue: BCCI’s Mammoth Share in ICC’s Revenue Model Unveiled

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#BCCI could witness another round of cash windfall during the next five-year cycle between 2023-2027 with estimated earnings of over Rs 9 billion from #ICC's share of annual revenue.https://t.co/KSiysussGI

— NDTV Profit (@NDTVProfitIndia) May 10, 2023

Factors Influencing Revenue Allocation

  • The proposed financial model takes several factors into account to determine revenue distribution.
  • Cricketing history, performance in ICC competitions over the past 16 years, and contributions to the ICC’s financial success play significant roles.
  • Full Member status also carries equal weight, ensuring a balanced distribution of revenue among participating nations.

The ICC's next revenue-distribution model looks set to confirm the BCCI as the only really big player in the game pic.twitter.com/1chHRtGSVQ

— DesiznCircle (@DesiznCircle) May 10, 2023

BCCI ICC Revenue: BCCI’s Mammoth Share in ICC’s Revenue Model Unveiled

Transformational Impact on Indian Cricket

  • The substantial increase in revenue is expected to revolutionize Indian cricket.
  • The influx of funds could lead to investments in infrastructure, player development programs, grassroots initiatives, and more.
  • India’s cricketing capabilities are poised to reach new heights, setting the stage for sustained success in the future.

Proposed Model Details

  • The ICC’s finance model, initially developed by an internal team, underwent review by the finance and commercial affairs committee.
  • Specific criteria used to determine revenue allocation among member boards have not been publicly disclosed at this time.
  • The proposed model is subject to confirmation and approval from the ICC.

BCCI ICC Revenue: BCCI’s Mammoth Share in ICC’s Revenue Model Unveiled

https://twitter.com/_shirishmishra/status/1656179490303905792?s=20

The BCCI’s overwhelming share in the ICC’s proposed financial model signifies India’s unrivaled financial influence on the global cricketing landscape. As the BCCI prepares to bask in its significant earnings, other cricket boards must adapt to the changing dynamics of the game. The new financial model promises to reshape the cricketing world, with increased investment in Indian cricket and the potential for greater competitiveness and growth across the sport.

Read more : World Cup 2023 Schedule: Pakistan’s Refusal to Play at Narendra Modi Stadium Raises Concerns for ICC

Tags: BCCIBCCI ICC RevenueICCICC's Revenue Model
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