BCCI's share in new ICC financial model draws ire from PCB

BCCI is expected to make around US$ 230 million annually, which accounts for 38.5% of the ICC's total yearly revenue of US$ 600 million

PHOTO: BCCI

According to the new proposed financial model by the International Cricket Council (ICC), the BCCI will receive the largest share of revenue, accounting for approximately 40% of the ICC's net surplus earnings for the next four-year commercial cycle.

Between 2024-27, the BCCI is expected to make around US$ 230 million annually, which accounts for 38.5% of the ICC's total yearly revenue of US$ 600 million.

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England and Wales Cricket Board (ECB) and Cricket Australia (CA) are projected to receive around 6.89 % (US$ 41.33 million) and 6.25% (US$ 37.53 million) respectively.

In the past, the three aforementioned boards had formed "Big Three", however, now BCCI has become the "Big One" alone in the new proposed model, as the BCCI believes that most of the possible 600 million dollars in revenue for the ICC will come from India.

The PCB is the sole Full Member among the remaining nine to have projected earnings of more than US$ 30 million, with an expected amount of US$ 34.51 million (5.75%).

According to sources, the PCB is unhappy with the BCCI's proposed share in the new financial model, which is significantly larger than the shares of other Full Members of the ICC.

Sources have reported that PCB officials have said that the distribution of revenue does not seem fair, and if necessary, this issue will be raised in the ICC meeting. However, it is unlikely that there will be any hearing because BCCI has a lot of influence on the council. The head of the powerful finance committee is also the secretary of the BCCI, Jay Shah. England and Australia are also surprised with the proposed financial model.

The eight remaining Full Members are expected to earn less than 5%. Out of the projected earnings of US$ 600 million, the 12 Full Members will receive US$ 532.84 million (88.81%), while the remaining US$ 67.16 million (11.19%) will be distributed among the Associate Members.