BCCI could earn $1.15 billion in revenue share from ICC during 2023-2027 cycle | Cricket News – Act Daily News

NEW DELHI: The Indian cricket board (BCCI) might witness one other spherical of money windfall in the course of the subsequent five-year cycle between 2023-2027 with estimated earnings of over $1.15 billion (Rs 9 billion) from ICC‘s share of annual income.
While that is nonetheless not official however an influential ICC member mentioned that it’s only a matter of time earlier than BCCI is formally given 38.50 per cent of ICC’s annual income of $600 million, which involves $231 million for the world’s richest cricket board.
“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 instructed PTI on situation of anonymity.
Such has been India’s dominance {that a} checklist printed by ESPN Cricinfo states that England and Wales Cricket Board (ECB) are second-best beneficiary with annual earnings of $41.33 million (6.89 per cent) whereas Australia with $37.53 million (6.25 per cent) are a distant third. The Pakistan Cricket Board are fourth with $34.51 million income which stands at 5.75 per cent.

During the final FTP cycle (2018-2022), ICC’s annual income was almost half $307 million approx and $1536 million for a five-year interval.
BCCI earned $405 million for 5 years (round $81 million every year) after hefty bargaining between erstwhile Committee of Administrators (CoA) and the then ICC chairman Shashank Manohar, who did not have too many associates within the board at the moment. It was nonetheless round 26 per cent of the annual share again then.
In the final FTP cycle, ECB had been second finest with a share of seven.8 per cent whereas all different boards barring Zimbabwe bought 7.2 per cent.
With secretary Jay Shah heading the ICC’s omnipotent monetary choice making Finance & Commercial Affairs (F&CA), the BCCI might drive house the purpose and double their annual ICC income by almost thrice.
“During the last cycle, the BCCI never had a powerful representation of the ICC’s F&CA and now things have changed,” the supply added.
As proposed mannequin, ICC will allot round 11 per cent of its income for all affiliate nations this time whereas final time it was round 14 per cent.