SPORTS

BCCI Net Worth Valued 28 Times More Than Cricket Australia; Reports

Last month the BCCI’s net worth was listed at USD2.25-billion (approximately 18,700 crore), exponentially, the richest board in the game.

New Delhi: The Board of Control for Cricket in India (BCCI) is widely recognized as the wealthiest cricket board worldwide. A recent media report has unveiled the exact figures of its current net worth, showcasing that the Indian board earn as much as 28 times more than its Australian counterpart

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Last month the BCCI’s net worth was listed at USD2.25-billion (approximately 18,700 crore), exponentially, the richest board in the game. Cricket Australia (CA) are the second-most well-off, but their USD 79-million makes them more than 28 times poorer than India, according to a report from Cricbuzz.

In many countries, the term “sport” encompasses a variety of games. However, in India, it means cricket, the favored game for over 90% of those who watch sports on a screen.

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The report further states that, Cricket South Africa (CSA), which is playing hosts to Team India for a full-fledged, all-format series weigh in sixth place with the net worth of USD 47-million which is 2.09% of the BCCI’s worth.

BCCI, in fact, accounts for 85.88% of the combined net worth of the top 10 boards, as per the report.

The report further highlighted how big a boost CSA’s revenues will get from the upcoming tour of India, which started on December 10.

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The span of 30 days of cricket against India is expected to pump up to USD68.7-million into CSA’s coffers. That’s USD 8.6-million per match, or USD 2.29-million a day. It is expected to wipe out the losses of USD 6.3-million, USD 10.5-million and USD 11.7-million CSA have declared in each of the past three financial years, the report said.

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