BCCI: The Indian cricket board earned INR 7606 Crores in revenue in the five years to 2021-22, according to a rare peek at the sports body’s accounts in the country’s parliament. The Board of Control for Cricket in India (BCCI) hardly publishes detailed financial information. The board gave Income tax of INR 1,159 Crores during the same time.
BCCI Income Details
In a written reply to a query in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary detailed the BCCI’s income and expenditures during the previous five years based on forms submitted. He detailed recent BCCI earnings before parliament, stating that BCCI collected Rs 7,606 crore in income and spent close to Rs 3,064 crore in the fiscal year 2021-22. In 2020-21, its revenue was Rs 4,735 crore and its expenditure was Rs 3,080 crore.
Due to its massive wealth in comparison to other national cricket boards, the all-powerful BCCI is sometimes believed to dictate the decisions in international cricket. The BCCI will also receive about $230 million each year between 2024 and 2027, which is 38.5 percent of the International Cricket Council’s yearly profits of $600 million.
Also Read: New Zealand Pacer Trent Boult Returns to Squad! Fuels ODI World Cup 2023 Hopes
Media Rights sold for billions
The BCCI sold the broadcast rights to the hugely successful Indian Premier League Twenty20 game for a record $6.2 billion last year. The board recently issued bidding for media rights to its international and local matches, which is expected to bring in another large sum. As per the sources, Alphabet and Amazon could also be in the bidding war.
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.
