ITF says finances in strong shape with 2022 revenue increase
The International Tennis Federation's (ITF) revenues surpassed pre-COVID levels in 2022, increasing by 47.6 per cent year-on-year to $98.3 million, it said on Wednesday.
Revenue Sport News
As BCCI Gets USD 230 Million Of ICC's Revenue, Pakistan Board Will Earn...
The Pakistan Cricket Board wasn't entirely happy as the International Cricket Council (ICC) announced the revenue share percentages of the USD 600 million pool. The Board of Control for Cricket (BCCI) expectedly got the biggest chunk, earning a whopping USD 230 million, which comes out to be 38.5 percent of the overall ICC revenue. The PCB, on the other hand, got 5.75 percent of the overall sum, earning USD 34.51 million in the 2024-27 cycle.
BCCI Advocates For ICC Strategic Fund Boost, Gets 72% Increase In Revenue Share
The Indian Cricket Board has advocated for a substantial allocation of funds from ICC's revenue to the world body's strategic fund for the growth of the sport. After getting approval of a lion's share of about USD 230 million from the annual revenue from 2024-27, BCCI, in ICC's annual board meeting recently, has advocated the need for an impetus to the strategic fund that will will be utilised for safeguarding Test cricket and also towards growth of the women's game.
BCCI Reaffirms Financial Powerhouse Status, Gets Maximum Share Of ICC Revenue: Report
The BCCI reaffirmed its status as the financial powerhouse of world cricket as the ICC unanimously passed the revenue distribution model at its all-powerful board meeting in Durban on Thursday. In another important development, the ICC has put a cap on overseas cricketers plying their trade for teams in various leagues, keeping it to four players per playing XI in new events. This is primarily meant for T20 leagues starting in every nook and corner, which is posing a threat to the international version of the game.
Choosing which matches are televised 'not based on revenue', says GAA
The GAA told the Oireachtas Media Committee that the decision of which matches are broadcast on television is not based on revenue, while accepting difficulties people have in using the GAAGO streaming service.
More revenue for an overworked circus: F1 approves expansive 2024 calendar
The 2024 Formula 1 calendar has been confirmed, with the action taking place over 24 rounds - two more than this year.
Manchester United raises forecasts for annual profit, revenue
Manchester United on Tuesday raised its forecasts for revenue and profit for the year, betting on strong commercial and matchday revenue.
WSL revenue grew 60% in 2020-21 season on broadcast, commercial deals -study
Women's Super League (WSL) clubs recorded revenue growth of 60 per cent for the 2020-21 season, driven by a rise in commercial agreements and a new broadcast deal, according to analysis from Deloitte published on Monday.