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BCCI earns $2.38 Billion in FY 2024: How does it compare to other cricket boards?

cricketjoshila said:
The income figures of rest of the boards isn't verified. It first came out on an online website and others copied it.
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I rechecked figures again and you are correcr

Australia actually earned 426 mil in revenue

Not 79 mil bs

Still only a fraction of bcci though

Ecb earned 336 mil pounds so about 500 plus mil usd
 
kron said:
I rechecked figures again and you are correcr

Australia actually earned 426 mil in revenue

Not 79 mil bs

Still only a fraction of bcci though

Ecb earned 336 mil pounds so about 500 plus mil usd
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but both ECB and CA barely break even with that revenue without the India tour.
their expenses are quite high.
 
Romali_rotti said:
Lol

What the heck ?? How in the world did Bangladesh earn more than cricket south Africa ??

Practically no one watches or gives 2 hoots about the Bengali kitty cats...

😂
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Probably fake. I don't think BCB is that rich. THey don't even pay the driver.

www.timesnownews.com

Bus Driver Locks Kit Bag Of Players; Refuses Return As Non-Payment Drama In Bangladesh Takes New Twist: Report

The massive controversy around the non-payment of dues to players of the Durbar Rajshahi franchise took a massive twist as it emerged that even the bus driver had not been paid yet. The kit bag of all players in the team is locked inside the team bus, with the bus driver stating that he will...
www.timesnownews.com www.timesnownews.com
 
jnaveen1980 said:
Probably fake. I don't think BCB is that rich. THey don't even pay the driver.

www.timesnownews.com

Bus Driver Locks Kit Bag Of Players; Refuses Return As Non-Payment Drama In Bangladesh Takes New Twist: Report

The massive controversy around the non-payment of dues to players of the Durbar Rajshahi franchise took a massive twist as it emerged that even the bus driver had not been paid yet. The kit bag of all players in the team is locked inside the team bus, with the bus driver stating that he will...
www.timesnownews.com www.timesnownews.com
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Sheikh Haseena must have siphoned the funds to get her tea from chaiwala Modi. :moyo2
 
Sachin fan said:
Without this money, cricket wouldn't survive. The other board numbers are not enough to prop up the sports of cricket or make it worthwhile to have an ICC.

If you ever were a fan of cricket you will be glad these numbers are beong thrown around

It's hilarious when grown adults pretend they don't understand how money affects every facet of life. And then same guys cry and whine about india getting krensay

But for their who are are pretending to be dumb - this is why these numbers matter

1) The next time you cry and whine why BCCI is getting so much say or their way, this is your answer. You don't have to open a 100 thread asking why ICC listens to india more or other boards. You can click this link. And this is why it matters to a Kumar from India.

2) Without BCCI earning so much cricket would be in a much poorer state. From better broadcasting, to tournaments like the world cup or WTC to ICC itself existing this matters. So of you even pretend to be a fan of cricket you will realize BCCI bringing in such money is good for not only india but all cricket nations.

3) In a way this also means that BCCI won't abandon other boards or ICC. They earn so much so they will want to keep the ecosystem going and not rock the boat. Win win for all.
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How does bcci making 100 carore affect you?
 
Major said:
How does bcci making 100 carore affect you?
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Actually for my family it does indirectly

Dad has investments in reliance. Reliance is owned by bambani. He has media rights to broadcast bcci games.

So does my uncle. Infact gets stock credit given he is the Vp of reliance.
 
kron said:
Actually for my family it does indirectly

Dad has investments in reliance. Reliance is owned by bambani. He has media rights to broadcast bcci games.

So does my uncle. Infact gets stock credit given he is the Vp of reliance.
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How does it affextt you?
 
kron said:
Actually for my family it does indirectly

Dad has investments in reliance. Reliance is owned by bambani. He has media rights to broadcast bcci games.

So does my uncle. Infact gets stock credit given he is the Vp of reliance.
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But that is Reliance paying money to BCCI. How and why does it matter to Reliance how much money BCCI generates for itself?
 
kron said:
Inheritance
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ok fair enough. So you will make money off of BCCI. Now what about the rest of the 20 indian posters here?

Thats what i am saying, anyone who is to make money off of it directly should chest thump, but every other poster who is not that is stupid.
 
Major said:
ok fair enough. So you will make money off of BCCI. Now what about the rest of the 20 indian posters here?

Thats what i am saying, anyone who is to make money off of it directly should chest thump, but every other poster who is not that is stupid.
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Not about chest thumping dude

it’s about reinvesting the money into grass root system, developing infrastructure, creating performance centres and talent camps to find and nurture talents. IMO bcci has improved but it’s still not good enough tbh. Long way to go.

They need to utilise those resources to create platforms that unearth more talents across India.


Btw IPL which everyone seems to love for the money actually only pays 19% of their revenue to their players. This is pittance compared to nfl, football, baseball, bball and nhl and a couple of other sports. Those sports pay close to 50 % of their revenue to their athletes.

Game won’t grow enough unless they disburse more

Other teams need to do the same but cricket barring t20 seems to be a niche sport. Contrary to popular belief opinion, cricket is quite expensive. Not diving, ice skating level expensive but still pricey.

So bcci needs to do a lot more.
 
Interesting conversation with Sanjeev Goenka, owner of Lucknow Supergiants IPL team.

Pays Rs 700 cr annually to BCCI to own the IPL team.
BCCI gives back Rs 450 cr from the broadcasting rights money

He’s hinting the broadcasting revenue will likely get bigger in upcoming 3 years in which he hopes to break even.




@Savak @jnaveen1980 @cricketjoshila
 
Bhaijaan said:
Interesting conversation with Sanjeev Goenka, owner of Lucknow Supergiants IPL team.

Pays Rs 700 cr annually to BCCI to own the IPL team.
BCCI gives back Rs 450 cr from the broadcasting rights money

He’s hinting the broadcasting revenue will likely get bigger in upcoming 3 years in which he hopes to break even.




@Savak @jnaveen1980 @cricketjoshila
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The Indian Market payback opportunities are so huge, i am pretty sure these teams make so much from commercial sponsorship, merchanding alone. Even if they are operating in losses, the fan following and attention which comes from owning an IPL Franchise is priceless.
 
Bhaijaan said:
Interesting conversation with Sanjeev Goenka, owner of Lucknow Supergiants IPL team.

Pays Rs 700 cr annually to BCCI to own the IPL team.
BCCI gives back Rs 450 cr from the broadcasting rights money

He’s hinting the broadcasting revenue will likely get bigger in upcoming 3 years in which he hopes to break even.




@Savak @jnaveen1980 @cricketjoshila
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What does major think about this?
More money in ipl that doesn’t go into Indian fans pockets

Should we stop supporting the team?
 
Major said:
ok fair enough. So you will make money off of BCCI. Now what about the rest of the 20 indian posters here?

Thats what i am saying, anyone who is to make money off of it directly should chest thump, but every other poster who is not that is stupid.
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Even if you assume that cricket is after all just a sport ... Look at the effect it has on the economy ... how many jobs that it creates for my countrymen . .. not everything is about direct transactions between fans and BCCI.
 
BouncerGuy said:
There is a reason why BCCI is so influential. Not only they earn money, but ICC gets a huge sum of of money as well due to BCCI.

Power is money and money is power.
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BCCI’s management is under appreciated. You hardly see our fans opening threads about their unhappiness with BCCI’s working. The level of trust people have in BCCI is immense. They have been one if the rare success stories among institutions in Bharat. The best part about them being that to this day they operate as a shadow organization. No needless press conferences and media appearances, no needless statements, no boasting, no political commentary. Jay Shah appears everywhere but hardly ever speaks. It works like a magic. We had instances when Lalit Modi and Srinivasan tried to dominate but the system beautifully ensures their exit and replacement with more professional people aligned with the values of the organization. Jay Shah has been a blessing. Him being strongly connected to government means he can wield greater power. It can go great or worse but so far it’s been good.

When things are being run smoothly, people tend to take them for granted. Remember Bharat is an incredible diverse country and a democracy with all the regional powers having a major political voice. There are always disagreements over distribution of matches and in player selections. Things can get chaotic and ugly if not managed well. The fact that we rarely hear about such issues means BCCI is doing a top job at that.
 
jnaveen1980 said:
Probably fake. I don't think BCB is that rich. THey don't even pay the driver.

www.timesnownews.com

Bus Driver Locks Kit Bag Of Players; Refuses Return As Non-Payment Drama In Bangladesh Takes New Twist: Report

The massive controversy around the non-payment of dues to players of the Durbar Rajshahi franchise took a massive twist as it emerged that even the bus driver had not been paid yet. The kit bag of all players in the team is locked inside the team bus, with the bus driver stating that he will...
www.timesnownews.com www.timesnownews.com
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BCB is not poor by any means, it is just that they allowed random garment factory owners buying BPL teams without any background checks. The owners learned it the hard way that owning a sports franchise isn't quite same as running a sweatshop lol.
 
Savak said:
The Indian Market payback opportunities are so huge, i am pretty sure these teams make so much from commercial sponsorship, merchanding alone. Even if they are operating in losses, the fan following and attention which comes from owning an IPL Franchise is priceless.
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The revenue from IPL broadcasting rights is divided between the BCCI and the franchises on a 50-50 basis with the BCCI keeping 50% and the rest of the money is equally distributed to all IPL teams.

For instance, the 2023-27 IPL media rights were sold for ₹48,390 crore (~$6.2 billion). So each franchise gets roughly between ₹400-500 crore annually. What Goenka is suggesting here and he seems quite confident about it, that the broadcasting rights will go up significantly in the coming years


And you’re right, it is the major revenue stream for the IPL owners but not the only one. They generate revenues from other sources as well. From jersey sponsor alone most IPL teams generate like ₹50-100 crore annually.

Then you have revenues from ticket sales and you would be surprised to know BCCI doesn’t take a cut from it. 80% of the ticket sales revenue goes straight to the IPL team owners pockets and the remaining 20% goes to the authority that owns the stadium. So again, the IPL team can mint close to ₹50 crore each season from ticket sales. It will vary of course for teams based on their stadium capacity, turnout and ticket pricing.

Then you have revenues from merchandise and all.

The valuation of most IPL teams has appreciated significantly over time as the brand has grown. Mumbai Indians were bought by Ambanis for a little over 100 million USD back in the day and it is worth over 1 Billion USD. Same with KKR and other popular teams. Shahrukh bought KKR for 70 million USD, his team is also near billion dollar worth today. You’re talking about 14X ROI in 16 years from valuation alone. That alone trumps all the mathematics mentioned above. IPL’s brand value is untouchable and the biggest reason why billionaires flock to have a piece of that cake.
:afridi
 
The economy of Bharat is expected to continue its growth journey in the coming decades. As per capita income rises so will the spending power on cricket resulting in massive appreciation in valuations for IPL team owners.

If you look at the global trend, major NFL, NBA franchises like Lakers, Cowboy etc and Football clubs of Europe like Madrid, Barcelona, PSG etc are valued between USD 7-10 billion today. IPL teams are barely scratching the surface with the best of them nearing USD 1 billion mark just now.
 
Bhaijaan said:
The revenue from IPL broadcasting rights is divided between the BCCI and the franchises on a 50-50 basis with the BCCI keeping 50% and the rest of the money is equally distributed to all IPL teams.

For instance, the 2023-27 IPL media rights were sold for ₹48,390 crore (~$6.2 billion). So each franchise gets roughly between ₹400-500 crore annually. What Goenka is suggesting here and he seems quite confident about it, that the broadcasting rights will go up significantly in the coming years


And you’re right, it is the major revenue stream for the IPL owners but not the only one. They generate revenues from other sources as well. From jersey sponsor alone most IPL teams generate like ₹50-100 crore annually.

Then you have revenues from ticket sales and you would be surprised to know BCCI doesn’t take a cut from it. 80% of the ticket sales revenue goes straight to the IPL team owners pockets and the remaining 20% goes to the authority that owns the stadium. So again, the IPL team can mint close to ₹50 crore each season from ticket sales. It will vary of course for teams based on their stadium capacity, turnout and ticket pricing.

Then you have revenues from merchandise and all.

The valuation of most IPL teams has appreciated significantly over time as the brand has grown. Mumbai Indians were bought by Ambanis for a little over 100 million USD back in the day and it is worth over 1 Billion USD. Same with KKR and other popular teams. Shahrukh bought KKR for 70 million USD, his team is also near billion dollar worth today. You’re talking about 14X ROI in 16 years from valuation alone. That alone trumps all the mathematics mentioned above. IPL’s brand value is untouchable and the biggest reason why billionaires flock to have a piece of that cake.
:afridi
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Also remember this ain’t nfl
IPL only runs for 2 months

Extrapolate that to 10 months a season instead.

So make that a full season like nfl. 50 to 80 games a season.

Each player on average will earn on par with nfl if IpL decides to pay more than 30% of revenue earned
Right now it’s sitting at just a mere 18%

NFL and epl etc pay out 30 to 50% of their earnings to their athletes.

So players even with the existing set up can potentially earn 5 times what they earn currently.

So average salary in IpL would be close to 3 to 4 mil which would be on par with nfl etc.

And that’s accounting for how low the disbursement from revenue sharing is compared to other top sports, given athletes are only paid 18% of the revenue split.

If this ratio increases as players form a union etc those figures could rise substantially. Possibly even 7 to 8 mil on average per year for each player.
 
cricketjoshila said:
I know this story. Its very fascinating. It ended up in the supreme court. Doordarshan tried everything in it's power to stop this. Someday i will write an article on this.
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I think some of the early days BCCI heads are no less legendary than some of our greatest cricketers. The way they nurtured this baby that was Bharatiya cricket back in the day and paved way for it to become the mega power house it is today is truly remarkable.

Shout out to Sachin also who was a mega attraction in the 90s and helped bring all the brands to BCCI doorsteps.
 
Lalit Modi was the one who organized and IPL and created big bucks for BCCI. BCCI was happy with the money it used to get then but once IPL clicked it was among the biggest sporting events in the world (money wise).

BCCI giving back to the players as higher match fees, bonuses, pensions and so many things is commendable. Now a days even domestic players get so much money.

The only thing which BCCI is unable to fix in India is the stadium viewing experience. This is because the stadium is owned by the state association, which has so many affiliated clubs and these state associations vote for BCCI as well. These State associations are corrupt and useless, the facilities even in IPL are not that good, leave alone international matches.
 
TheNeutralist said:
Lalit Modi was the one who organized and IPL and created big bucks for BCCI. BCCI was happy with the money it used to get then but once IPL clicked it was among the biggest sporting events in the world (money wise).

BCCI giving back to the players as higher match fees, bonuses, pensions and so many things is commendable. Now a days even domestic players get so much money.

The only thing which BCCI is unable to fix in India is the stadium viewing experience. This is because the stadium is owned by the state association, which has so many affiliated clubs and these state associations vote for BCCI as well. These State associations are corrupt and useless, the facilities even in IPL are not that good, leave alone international matches.
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Put high minimum standards in place for venues to host international and IPL games and I'm sure the state associations would start making sure their venues were meeting them.
 
HitWicket said:
Put high minimum standards in place for venues to host international and IPL games and I'm sure the state associations would start making sure their venues were meeting them.
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Ex indian captain Azhar was the previous president of the Hyderabad state association(Srh franchise home ground). Every time he found new strategies to sell the match tickets at a high cost rate in black market and raised corruption bar for the others.We can't expect honesty or responsibility from others if an ex captian does that.it may take another 20 or 30 years for state association to behave normally .Only good thing is that everyone/especially franchise loyal fans pointing out in social media and making things difficult for association.
 

IPL Valuation Rises To Over Rs 158,000 Crore​


The valuation of the Indian Premier League (IPL) as a business has risen by 12.9 per cent to USD 18.5 billion, according to a report by global investment bank Houlihan Lokey. The report stated that IPL's stand-alone brand value has increased by 13.8% to USD3.9 billion over the past year.

The report also outlined IPL's growing appeal and pointed out that the BCCI's sale of four associate sponsor slots - My11Circle, Angel One, RuPay, and CEAT - generated Rs 1,485 crores, a 25% increase over the previous cycle. On the other hand, the tournament also extended its title-sponsorship commitment with the Tata Group till 2028 in a five-year deal worth USD 300 million (around Rs 2,500 crores).

Source: NDTV
 
Ball Blazer said:

IPL Valuation Rises To Over Rs 158,000 Crore​


The valuation of the Indian Premier League (IPL) as a business has risen by 12.9 per cent to USD 18.5 billion, according to a report by global investment bank Houlihan Lokey. The report stated that IPL's stand-alone brand value has increased by 13.8% to USD3.9 billion over the past year.

The report also outlined IPL's growing appeal and pointed out that the BCCI's sale of four associate sponsor slots - My11Circle, Angel One, RuPay, and CEAT - generated Rs 1,485 crores, a 25% increase over the previous cycle. On the other hand, the tournament also extended its title-sponsorship commitment with the Tata Group till 2028 in a five-year deal worth USD 300 million (around Rs 2,500 crores).

Source: NDTV
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No wonder the IPL gets hated on by you know whom.
 
The top 10 richest cricket boards in the world:

1. India - $2.2bn
2. Australia - $79m
3. England & Wales - $59m
4. Pakistan - $55m
5. Bangladesh - $51m
6. South Africa - $47m
7. Zimbabwe - $38m
8. Sri Lanka - $20m
9. West Indies - $15m
10. New Zealand - $9m

:kp
 
Devadwal said:
The top 10 richest cricket boards in the world:

1. India - $2.2bn
2. Australia - $79m
3. England & Wales - $59m
4. Pakistan - $55m
5. Bangladesh - $51m
6. South Africa - $47m
7. Zimbabwe - $38m
8. Sri Lanka - $20m
9. West Indies - $15m
10. New Zealand - $9m

:kp
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For numbers 4-9, how much of that $$$ is stolen?

How much actually goes into cricket? Wonder the level of corruption in these six boards.
 
Devadwal said:
The top 10 richest cricket boards in the world:

1. India - $2.2bn
2. Australia - $79m
3. England & Wales - $59m
4. Pakistan - $55m
5. Bangladesh - $51m
6. South Africa - $47m
7. Zimbabwe - $38m
8. Sri Lanka - $20m
9. West Indies - $15m
10. New Zealand - $9m

:kp
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Zimbabwe is at 7 and 4 times more than that of kiwis.what are they cooking with out player salaries and professional development programs? I think bng will drain its revenue as India is not going to play anytime soon.south Africa with its t20 league will get much better.
 
Vikram1989 said:
Zimbabwe is at 7 and 4 times more than that of kiwis.what are they cooking with out player salaries and professional development programs? I think bng will drain its revenue as India is not going to play anytime soon.south Africa with its t20 league will get much better.
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South Africa will be 4th in the rankings in the few years due to emergence of SA20 league .:kp
 
BCCI is the runner... The money maker... No wonder that BCCI is number 1 on that list.... But it is amazing to see that there is not much difference between 3,4,5 and 6.
 
BouncerGuy said:
BCCI is the runner... The money maker... No wonder that BCCI is number 1 on that list.... But it is amazing to see that there is not much difference between 3,4,5 and 6.
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That begs the question on why Pakistan lags behind by a mile compared to Australia and England.

Look the stadiums in Aus and Eng. Indian cricket stadiums have seen massive improvement over the decade.
But Pakistan’s infrastructure is so bad that where does the money go?

BCCI, ACB and ECB have solid first class structure. Even with similar revenues, first class cricketers in Aus and Eng earn similar to those in India.

But Pakistan has stark differences.

1. In the Syed Mushtaq Ali Trophy, Indian domestic players earn INR 75,000 per match, while Pakistan’s National T20 Cup players receive just INR 3,000 per match.
2. India’s Vijay Hazare Trophy players earn up to INR 60,000 per match, while Pakistan Cup players receive INR 18,000 per game, reflecting a huge earnings gap.
3. Top Ranji Trophy players in India earn up to INR 60,000 per match, while Quaid-e-Azam Trophy players in Pakistan make INR 25,000 per match

I dont understand why the players get lesser money when the spending on infrastructure is also not visible

zeenews.india.com

India vs Pakistan: Cricketers’ Salaries Compared – The Massive Earnings Disparity - In Pics

<p>The India vs Pakistan cricket rivalry is legendary, but beyond the action on the field, theres a massive financial divide between the players. With BCCI’s wealth and PCB’s financial struggles, Indian cricketers often earn significantly more than their Pakistani counterparts. From match fees...
zeenews.india.com zeenews.india.com
 
Devadwal said:
BCCI is maintaining social distance :kp
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Everyone else = $373 million

which is less than 15% of the entire pie lol

No wonder there is a lot of wrist slitting/axe grinding done over here by the Green brigade lol
 
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uppercut said:
Everyone else = $373 million

which is less than 15% of the entire pie lol

No wonder there is a lot of wrist slitting/axe grinding done over here by the Green brigade lol
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What's surprising is that there's very little difference between ECB and PCB. Yet, the former is so well run while the latter .... the less said the better.​
 

BCCI Earns Record Rs 9741 Crore In 2023- 24​


The Board of Control for Cricket in India (BCCI) generated a record revenue of Rs 9741 crore in the 2023-24 financial year, according to a report by Rediffusion. Indian Premier League (IPL), which was described as the golden goose of BCCI in the report, contributed 59 per cent of the total revenue amounting to Rs 5761 crore.

“BCCI in 2007 discovered a golden goose – the IPL which is now a 100 per cent part of the BCCI. The tournament is the best and media rights are constantly going up. IPL also ensures that players from Ranji Trophy-levelget a playing field. IPL will continue to churn out profitability as it growth further,” said Lloyd Mathias, business strategist and independent director.

The BCCI earned Rs 361 crore from the media rights of non-IPL events which included the rights for series featuring the Indian cricket team. At the moment, Viacom18 holds the rights for the Indian cricket team matches while Disney Star and Viacom18 have the IPL rights for the 2023-27 cycle.

“BCCI has immense potential to commercialise traditional formats like Ranji Trophy, Duleep Trophy, or CK Nayudu Trophy to shore up non-IPL revenues. Moreover, the board has close to ₹30,000 crore in reserves, which brings in about ₹1,000 crore a year in interest alone. These revenues aren't just sustainable—they are poised to grow 10–12 per cent annually, thanks to expanding sponsorships, media deals, and matchday earnings.,” said Sandeep Goyal, Chief of Rediffusion.

The growing revenue has put BCCI in a brilliant possible when it comes to the global cricketing landscape. Even the International Cricket Council (ICC) has reiterated how important India is to global cricket. “ICC depends on BCCI for the bulk of its funding. ICC is not driving revenue as it should,” said Ajimon Francis, Managing Director at Brand Finance India.

Source: https://sports.ndtv.com/cricket/bcc...e-in-2023-24-ipls-big-contribution-is-8901136
 
Devadwal said:
The top 10 richest cricket boards in the world:

1. India - $2.2bn
2. Australia - $79m
3. England & Wales - $59m
4. Pakistan - $55m
5. Bangladesh - $51m
6. South Africa - $47m
7. Zimbabwe - $38m
8. Sri Lanka - $20m
9. West Indies - $15m
10. New Zealand - $9m

:kp
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These numbers look like AI generated inaccurate nonsense again.
 
Devadwal said:
Post actual number if you have any other wise no need to give nonsense opinion :kp

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Sure, literally takes me 2 minutes to go into the ECBs latest financial statement and see their reserves are $81mn. I'm not going to bother going through every single other countries myself to correct all the other completely unsourced poorly researched/AI generated nonsense in that article.
 
HitWicket said:
Sure, literally takes me 2 minutes to go into the ECBs latest financial statement and see their reserves are $81mn. I'm not going to bother going through every single other countries myself to correct all the other completely unsourced poorly researched/AI generated nonsense in that article.
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Bro , can u help me out which figure to refer to chk the total reserves ?.
As i can see only 55 million Euros(64 million usd)in consolidated sheet .I may be wrong.
 

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Vikram1989 said:
Bro , can u help me out which figure to refer to chk the total reserves ?.
As i can see only 55 million Euros(64 million usd)in consolidated sheet .I may be wrong.
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It's the 60,185 figure in your screenshot, the other figure is after cash hedging to account for unrealised foreign currency exchange losses. It's also all in British pounds rather than euros. There's a graph for reserves on page 4.
 
BCCI REVENUE REPORT

Since 2019, the bank balance of BCCI has increased from INR 6,059 crores to INR 20,686 crores in 2024.

That's an increase of INR 14,627 crores in 5 years

Here some of my question to BCCI .

1) Still can't have a own youtube channel to provide game highlights the way other cricket boards does like ECB/CA.

2) Very poor drainage system( Expect few grounds)

3) No free water which should be basic in stadiums,

4) Not able to stream important domestic games

5) Still can't add clauses in Broadcaster's contract to provide ECB level broadcasting & Graphics,

6) Still can't make sure that people feel welcomed at stadiums & gets A quality services like they get in an English or Australian Stadium.

:kp
 

BCCI's finances hit new highs; INR 14,627 crore added since 2019​


Death and taxes are not the only certainties in life after all - the ever-swelling riches and coffers of the Board of Control for Cricket in India (BCCI), it seems, are just as guaranteed. As per a report, circulated among the state associations, the Board had a bank balance of INR 20,686 crore as of 12 months back.

Inevitably that must have gone up exponentially over the last one year, the financial assessment of which will be revealed at the AGM on September 28, even as it has emerged that the BCCI continues to pay income tax in thousands of crores.

A relevant part of the statement of accounts, submitted at the 2024 AGM, reads, "Honorary Secretary apprised the members that since 2019, the cash and bank balance of BCCI has increased from INR 6,059 crore which was before disbursing any amount to the state cricket associations to INR 20,686 crore which is after disbursing all amounts owed to the state cricket associations.

"Therefore, since 2019, BCCI has added INR 14,627 crore in the last five years. This is an increase of INR 4,193 crore since the last financial year. Further, since 2019, the general fund too has increased from INR 3,906 crore to INR 7,988 crore which is an increase of INR 4,082 crore."

The report also seems to bust the myth that the BCCI does not pay income tax. It set aside over INR 3000 crore towards taxes while continuing its appeal in various tribunals. "The BCCI has provisioned INR 3,150 crore towards income tax obligations for FY 2023-24. While BCCI is on the right track before the courts and tribunals, it has still made provisions towards paying any obligations that may arise towards tax," the report reveals.

The revenue would have been much more for the board but the gross media rights income from BCCI's international fixtures was reduced to INR 813.14 crore as compared to INR 2,524.80 crore of the previous year. "This decrease is the result of a reduced number of international home matches/series played during the year as compared to the previous year. During the year, ICC CWC 2023 (ODI World Cup) was hosted by BCCI during the month of Oct-Nov 2023," says the report.

Some other key points of the Audited Statement of Accounts of 2023-24

Income from Tours: The gross receipts from Men's Senior International Tours and events have decreased to INR 361.22 crore compared to INR 642.78 crore of the previous year.

Investment Income: The BCCI earned an interest income on bank deposits of INR 986.45 crore as compared to INR 533.05 crore of the previous year. BCCI has managed to get the highest ROI available in the market with minimal risk from the major Nationalized/Private banks under the guidance and support of Mr. (Jay) Shah.

Surplus: The surplus of income over expenditure was INR 1,623.08 crore as against INR 1,167.99 crore in the previous year. This increase is mainly due to increase in IPL 2023 surplus & distributions received from ICC.

Funds: BCCI has allocated INR 1,200 crore towards infrastructure development fund, INR 350 crore towards platinum jubilee benevolent fund and INR 500 crore towards infrastructure for cricket development funds. These allocations supplement the long-term vision of BCCI towards growth of cricket and supporting its former players.

"Substantial provisions have been made towards distribution of amounts to state cricket associations. The total for 2023-24 stands at INR 1,990.18 crore with projected allocation of INR 2,013.97 crore for 24-25," it read.

Source: Cricbuzz
 
Ball Blazer said:

BCCI's finances hit new highs; INR 14,627 crore added since 2019​


Death and taxes are not the only certainties in life after all - the ever-swelling riches and coffers of the Board of Control for Cricket in India (BCCI), it seems, are just as guaranteed. As per a report, circulated among the state associations, the Board had a bank balance of INR 20,686 crore as of 12 months back.

Inevitably that must have gone up exponentially over the last one year, the financial assessment of which will be revealed at the AGM on September 28, even as it has emerged that the BCCI continues to pay income tax in thousands of crores.

A relevant part of the statement of accounts, submitted at the 2024 AGM, reads, "Honorary Secretary apprised the members that since 2019, the cash and bank balance of BCCI has increased from INR 6,059 crore which was before disbursing any amount to the state cricket associations to INR 20,686 crore which is after disbursing all amounts owed to the state cricket associations.

"Therefore, since 2019, BCCI has added INR 14,627 crore in the last five years. This is an increase of INR 4,193 crore since the last financial year. Further, since 2019, the general fund too has increased from INR 3,906 crore to INR 7,988 crore which is an increase of INR 4,082 crore."

The report also seems to bust the myth that the BCCI does not pay income tax. It set aside over INR 3000 crore towards taxes while continuing its appeal in various tribunals. "The BCCI has provisioned INR 3,150 crore towards income tax obligations for FY 2023-24. While BCCI is on the right track before the courts and tribunals, it has still made provisions towards paying any obligations that may arise towards tax," the report reveals.

The revenue would have been much more for the board but the gross media rights income from BCCI's international fixtures was reduced to INR 813.14 crore as compared to INR 2,524.80 crore of the previous year. "This decrease is the result of a reduced number of international home matches/series played during the year as compared to the previous year. During the year, ICC CWC 2023 (ODI World Cup) was hosted by BCCI during the month of Oct-Nov 2023," says the report.

Some other key points of the Audited Statement of Accounts of 2023-24

Income from Tours: The gross receipts from Men's Senior International Tours and events have decreased to INR 361.22 crore compared to INR 642.78 crore of the previous year.

Investment Income: The BCCI earned an interest income on bank deposits of INR 986.45 crore as compared to INR 533.05 crore of the previous year. BCCI has managed to get the highest ROI available in the market with minimal risk from the major Nationalized/Private banks under the guidance and support of Mr. (Jay) Shah.

Surplus: The surplus of income over expenditure was INR 1,623.08 crore as against INR 1,167.99 crore in the previous year. This increase is mainly due to increase in IPL 2023 surplus & distributions received from ICC.

Funds: BCCI has allocated INR 1,200 crore towards infrastructure development fund, INR 350 crore towards platinum jubilee benevolent fund and INR 500 crore towards infrastructure for cricket development funds. These allocations supplement the long-term vision of BCCI towards growth of cricket and supporting its former players.

"Substantial provisions have been made towards distribution of amounts to state cricket associations. The total for 2023-24 stands at INR 1,990.18 crore with projected allocation of INR 2,013.97 crore for 24-25," it read.

Source: Cricbuzz
Click to expand...
25 billion USD in bank as of last year and it's supposed to be way more today? I knew BCCI were rich, but this seems a little too much.
 
If BCCI make billions fair and square good luck to them. And I think the figures for Australia circa $300million and England $200million is good for them.

But I’m surprised Pak at $55million is as high as it is. It’s heartening to see the PSL started around 8 years after other leagues and is bringing in good revenue. Given that between 2001-2020 hardly any cricket was played in Pak and for 10 years or so there has been no India series they’ve still managed to make good profits.

You’d expect they can at some point follow better financial models to increase revenue and upgrade facilities.
 
I did not expect BCB to be #5. I don't understand why they have such poor facilities and grass root cricket with that much earning ... A simple business student could tell you that if you don't invest that money back, money will dry out sooner or later.
 
light said:
I did not expect BCB to be #5. I don't understand why they have such poor facilities and grass root cricket with that much earning ... A simple business student could tell you that if you don't invest that money back, money will dry out sooner or later.
Click to expand...

Well. They are at #5 whether you expect or not. :inti

Poor facilities? Sylhet ground is pretty good. Mirpur is pretty good too. They keep the pitch like that purposefully (to beat top teams).

BCB is #5 because it has a large cricket loving population. Countries like NZ, WI, SA etc. don't have that type of passion for cricket.
 
sweep_shot said:
Well. They are at #5 whether you expect or not. :inti

Poor facilities? Sylhet ground is pretty good. Mirpur is pretty good too. They keep the pitch like that purposefully (to beat top teams).

BCB is #5 because it has a large cricket loving population. Countries like NZ, WI, SA etc. don't have that type of passion for cricket.
Click to expand...
Your Ex-Captain who is running for BCB president says otherwise. I think his words echos more truth than what you're saying here.
 
I was wondering does it happen in any other sports where fans so passionately discuss how much money their board makes and are doing indepth comparisons. Football is played by more than 50 countries but do i see such discourse in football fans? Is it because cricket is an indian dominant support and such discussions just reflect their culture? Nauseating to see to be honest, and its another case of not beating the allegations. Very money minded, and seeking pride by proxy with no achievement of their own individual self.
 
THREAD IS ABOUT BCCI AND CRICKET BOARD FINANCES...

STOP BRINGING POPULATION AND OTHER IRRELEVANT STUFF HERE
 
But why are you giving money to PCB? With the amount of money and power you have, why are you not hosting full tournaments in your home country and get Pakistan banned from cricket? Do the needful, sar.
 
Hitman said:
Who? What did he say?
Click to expand...
After seeing this chart, I did a bit of digging and found an interview with Tamim. It was a full English interview where he mentioned how BCB, despite all the money it makes, essentially lets $$$ sit in the bank instead of investing it in proper facilities, grassroots cricket, and other essentials. Sweep_shot might be speaking emotionally (it's not only about the field - which we see on TV), but for Bangladesh to produce players like Tamim, Shakib, and others, it took quite a bit of time for them to get established as good players (Shakib was a bit of an exception).

If the BCB generates this much revenue but does nothing to support grassroots cricket or provide proper training facilities, where players often get fatigued due to poor infrastructure and extreme heat—can you really expect world-class players to emerge like they do in countries where grassroots development is heavily funded? Also apprently local coach isn't nutrured properly either.


For reference, the link for the interview - though I did not sit around to watch the whole interview so might have missed more stuffs that he have mentioned.

 
BouncerGuy said:
THREAD IS ABOUT BCCI AND CRICKET BOARD FINANCES...

STOP BRINGING POPULATION AND OTHER IRRELEVANT STUFF HERE
Click to expand...

Btw BCCI ia playing Asia cup for charity purpose that's why BCCI didn't take own share of profits and distribute among other Nations.

:kp
 
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