BCCI Hoping To Push ICC For Larger Cut In Revenue Share Amounting To 1.3 Million Dollars - Reports

Published - 26 Apr 2023, 05:57 PM | Updated - 23 Aug 2024, 12:15 AM

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The Board of Control for Cricket in India (BCCI) is reportedly looking to push for a larger share of the revenue generated by the International Cricket Council (ICC). According to reports, the Board of Control for Cricket in India is seeking a share of around $1.3 billion, which is a significant increase from the current amount it receives.

The BCCI is the richest cricket board in the world and its financial strength has often been a point of contention with other cricket boards. The ICC revenue-sharing model currently divides the revenue generated by the sport into three categories – the Board of Control for Cricket in India, the England and Wales Cricket Board, and the remaining cricket boards.

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Under the current model, the Board of Control for Cricket in India receives a significant share of the revenue generated by the sport due to its massive fan base and the revenue generated from broadcasting rights. However, the BCCI has been pushing for a larger share of the revenue for quite some time now.

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BCCI Looking For A Increase In Revenue Share

According to reports, the BCCI has proposed a new revenue-sharing model that will see it receive a share of around $1.3 billion, as per Fox Sports. The new model will reportedly divide the revenue generated by the sport into four categories – the BCCI, the England and Wales Cricket Board, Cricket Australia, and the remaining cricket boards.

While the BCCI is pushing for a larger share of the revenue, it is unclear whether the ICC will agree to the proposed revenue-sharing model. The ICC has often been hesitant to give the BCCI a larger share of the revenue, citing concerns about the other cricket boards’ financial viability.

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With the ICC World Cup 2023 scheduled to be held in India, the BCCI could use the event’s expected revenue as a bartering chip to negotiate a higher cut in revenue.

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BCCI’s push for a larger share of the ICC revenue is likely to be a major talking point in the cricketing world in the coming weeks. While the BCCI is pushing for a larger share of the revenue, it remains to be seen whether the ICC will agree to the proposed revenue-sharing model. Nonetheless, the BCCI’s financial strength and influence in the cricketing world make it a force to be reckoned with, and it will be interesting to see how the situation unfolds.