AGL40.03▲ 0.03 (0.00%)AIRLINK127.7▲ 0.66 (0.01%)BOP6.61▼ -0.06 (-0.01%)CNERGY4.6▲ 0.09 (0.02%)DCL8.79▲ 0.24 (0.03%)DFML41.58▲ 0.14 (0.00%)DGKC85.79▼ -1.06 (-0.01%)FCCL32.49▲ 0.21 (0.01%)FFBL64.03▼ -0.77 (-0.01%)FFL10.55▲ 0.3 (0.03%)HUBC110.77▲ 1.2 (0.01%)HUMNL15.07▲ 0.39 (0.03%)KEL4.88▼ -0.17 (-0.03%)KOSM7.45▼ -0.01 (0.00%)MLCF40.52▼ -0.86 (-0.02%)NBP61.05▲ 0.64 (0.01%)OGDC194.87▲ 4.77 (0.03%)PAEL27.51▼ -0.32 (-0.01%)PIBTL7.81▼ -0.02 (0.00%)PPL152.53▲ 2.47 (0.02%)PRL26.58▼ -0.3 (-0.01%)PTC16.26▲ 0.19 (0.01%)SEARL84.14▼ -1.86 (-0.02%)TELE7.96▲ 0.25 (0.03%)TOMCL36.6▲ 1.19 (0.03%)TPLP8.66▲ 0.54 (0.07%)TREET17.66▲ 1.25 (0.08%)TRG58.62▲ 5.33 (0.10%)UNITY26.86▲ 0.7 (0.03%)WTL1.38▲ 0.12 (0.10%)

BCCI hopes to take home around 40% of ICC revenue

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

 

The new revenue-distribution model of the Interna-tional Cricket Council (ICC) may see India taking home nearly 40% of the ICC’s net surplus earnings from its next four-year commercial cycle, ESPNcricinfo reported on Wednesday.

According to the sports media outlet, the new model — which is currently at a proposed stage — draws from much of the rationale of the short-lived Big Three takeover in 2014.

Back then, The Board of Control for Cricket in India (BCCI), Cricket Australia (CA) and England and Wales Cricket Board (ECB) sought to overhaul world cricket, taking control of the cricketing body’s decisions.

While the plan came to nothing, eventually re-ducing BCCI’s share of ICC revenue, the currently proposed model harks back to it with one major difference: BCCI has the largest chunk of the earn-ings.

According to ESPNcricinfo, if the new proposal is accepted, the Indian board is likely to earn roughly $230 million per year between 2024-27, which comes up to around 38.5% of the ICC’s annual earn-ings of $ 600 million.

To put this in context, the next highest earner in this proposed model is likely to be the England and Wales Cricket Board (ECB), which will earn $41.33 million — or 6.89% — of the ICC’s earnings.

Third on the list is CA, which could get $ 37.53 million (6.25%) of the annual ICC revenue. BCCI hopes to take home around 40% of ICC revenue

“The only other board projected to make over $30 million among the remaining nine Full Members is the Pakistan Cricket Board (PCB), which could receive $ 34.51 million (5.75%)”, ESPNcricinfo reported.—Agencies

 

Related Posts

© 2024 All rights reserved | Pakistan Observer