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Monday , 21 August 2017
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BCCI to lose Rs 1300 crore in ICC’s new revenue model

As per the new revenue model tabled by ICC chief Shashank Manohar, the Board of Control for Cricket in India (BCCI) will end up losing close to Rs 1270 crore. BCCI was supposed to earn around Rs 2970 crore, as per the earlier revenue model, but now it’s share will be approximately Rs 1740 crore for the eight year cycle, from 2015 to 2023. ICC’s new revenue model has been accepted by most member associations and the final decision will be taken in April 2017.

Even with the reduced share in earnings, BCCI will continue to be the highest earner among all the Test playing nations. BCCI has always commanded the maximum earnings, as most of ICC’s revenue and profits come through India. After BCCI, the second and third spot for biggest earners is held by England and Wales Cricket Board (ECB) and Cricket Australia (CA) respectively. Out of the total ICC revenue, BCCI used to get 20.3%, ECB 4.4% and CA 2.7%. However, this will change when the new revenue model becomes applicable.

The new revenue model will benefit members such as Pakistan, Sri Lanka, South Africa, New Zealand, West Indies and Bangladesh. They will now get almost the same as Australia, around $110-115 million. Zimbabwe, Afghanistan and Ireland also stand to gain from ICC’s new revenue model.

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