The Indian Cricket Board is set to become wealthier as its status will increase further in the apex cricket body. Under the new revenue distribution model being prepared by the cricket’s governing body for the next 4 years, the official cricket of India will emerge as a powerhouse in world cricket. During this period, 40 per cent of the net income of the cricket’s governing body will come to the Indian Cricket Board.
However, only the proposal for the new revenue model has come to the fore. But, according to an ESPNcricinfo report, this model will help the board to earn US $ 230 million (about Rs 1900 crore) every year between 2024-2027 or they will have a 38.5% share of the apex cricket body’s annual income of Rs 5000 crore.
In this proposed model, England Cricket Board (ECB) will be the highest-earning cricket board after India. The England and Wales Cricket Board can earn 6.89% of the total income of the cricket’s governing body. Cricket Australia will be the 3rd most earning cricket board as they will get 6.25 per cent.
Indian Cricket Board will get 9 times more amount than PCB
On the other hand, only 5.75 per cent of the total earnings will come to Pakistan Cricket Board. Where India will earn 1900 crores in the year, PCB’s earnings will be around 283 crores which means the Indian Cricket Board will get 9 times more amount than PCB. Due to this, the fans are brutally trolling PCB on social media.
This figure of annual income is based on the estimated earnings of the apex cricket body, which were sold in five different territories globally including the Indian market. A major part of that money came from the sale of media rights in the Indian market.
The Disney star recently bought the media rights for 4 years and the proposed revenue model was prepared by a team of cricket’s governing body. It was worked out by the Finance and Commercial Affairs (F&CA) committee before being discussed by the Board in March.
Here’s how fans reacted:
Unfortunate to see only 11% for Associate Nations.
— Harshana (@hash_lk) May 10, 2023
West Indies getting more than South Africa is crazy right? Or am I missing something?
— GETOUTTHEWAY (@GETOUTTHEWAY6) May 10, 2023
I can't understand the big 3 concept🤣
— Shilpa Shrawat (@ShilpaShrawat) May 10, 2023
Great way to kill the game.
— UMANG (@umang305) May 10, 2023
Need tri series Afghan Zimb Ireland
Pakistan needs to understand they messed with the wrong one
It's unstoppable and unreachable for the next 5 years at least
— 🏏💰 (@black_white_IND) May 10, 2023
Comparing these numbers to football, cricket bahot hi garib khel lag raha hai ab 😂
— Jo! (@Joe_VocalI) May 10, 2023
They're the donors
— saagar (@sagarmehta777) May 10, 2023
Wow Bangladesh is ahead of Pakistan.
— ROY m (@MAXKNIG32882338) May 10, 2023
What's the use? Can't even appoint head coach ,fielding coach,proper batting and bowling coach during t20iwc
— Philogynist 🖤 (@Harmanism7) May 10, 2023
Looks like the big three is now the big 1. Shameful
— Bankok__dave24 (@BankokDave24) May 10, 2023
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