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Board of Keep an eye on for Cricket in India (BCCI) makes $1.5bn surplus in 5 years

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Through AFP

NEW DELHI: India’s cricket board earned a surplus of round $1.5 billion within the 5 years to 2021-22, the rustic’s parliament heard throughout an extraordinary glance into the wearing frame’s price range.

The Board of Keep an eye on for Cricket in India (BCCI) does no longer normally post its price range intimately.

However it’s identified to be some of the global’s maximum profitable governing our bodies because of India’s diehard love of the sport and periodic bidding wars over broadcast rights.

A central authority minister indexed contemporary BCCI profits in parliament on Tuesday which published income of $919 million and expenditure of $370 million for the 12 months to March 2022, leaving a surplus of $549 million.

It used to be the board’s greatest surplus out of the 5 years from 2017-18, with profits of $3.3 billion and $1.8 billion in bills for a similar length.

The omnipotent BCCI is incessantly stated to name the pictures in global cricket because of their oversized wealth in comparison to different nationwide cricket forums.

The BCCI additionally stands to earn roughly $230 million in line with 12 months between 2024-27 — or 38.5 in line with cent of the World Cricket Council’s annual profits of $600 million, in keeping with ESPN Cricinfo.

Final 12 months, the BCCI bought its media rights for the wildly fashionable Indian Premier League Twenty20 event for a whopping $6.2 billion.

The board has just lately floated a young for media rights for its world and home suits which is ready to harvest some other large providence.

NEW DELHI: India’s cricket board earned a surplus of round $1.5 billion within the 5 years to 2021-22, the rustic’s parliament heard throughout an extraordinary glance into the wearing frame’s price range.

The Board of Keep an eye on for Cricket in India (BCCI) does no longer normally post its price range intimately.

However it’s identified to be some of the global’s maximum profitable governing our bodies because of India’s diehard love of the sport and periodic bidding wars over broadcast rights.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );

A central authority minister indexed contemporary BCCI profits in parliament on Tuesday which published income of $919 million and expenditure of $370 million for the 12 months to March 2022, leaving a surplus of $549 million.

It used to be the board’s greatest surplus out of the 5 years from 2017-18, with profits of $3.3 billion and $1.8 billion in bills for a similar length.

The omnipotent BCCI is incessantly stated to name the pictures in global cricket because of their oversized wealth in comparison to different nationwide cricket forums.

The BCCI additionally stands to earn roughly $230 million in line with 12 months between 2024-27 — or 38.5 in line with cent of the World Cricket Council’s annual profits of $600 million, in keeping with ESPN Cricinfo.

Final 12 months, the BCCI bought its media rights for the wildly fashionable Indian Premier League Twenty20 event for a whopping $6.2 billion.

The board has just lately floated a young for media rights for its world and home suits which is ready to harvest some other large providence.