Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

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.

While the ICC media release didn't state the quantum of revenue that the BCCI will generate from the new distribution model, it is expected that the Indian board will annually earn USD 230 million from the USD 600 million pot for the next four years.

It is around 38.4 percent approximately and at least six times more than England and Wales Cricket Board (ECB), who are set to receive approximately USD 41 million at 6.89 percent and Cricket Australia (CA) who will get 37.53 million (around 6.25 percent). They are distant second and third in the list.

"The ICC Board also confirmed the largest ever investment into the sport after the distribution model for the next four years was agreed," the ICC release stated.

"Every ICC Member will receive significantly enhanced funding with a strategic investment fund ring-fenced to drive global growth initiatives in line with the ICC Global Growth Strategy," it further stated.

While the numbers were not there in the release, an ICC board member confirmed that the BCCI got its rightful share for its contribution to the growth of the sport and in this cycle each member would earn significantly more.

"All members will receive a base distribution and then additional revenue will

Read more on sports.ndtv.com