The Board of Control for Cricket in India (BCCI) has reinforced its position as the wealthiest cricketing body in the world, with its cash and bank balance experiencing a remarkable leap from INR 16,493 crore in FY 2023 to INR 20,686 crore in FY 2024. This impressive growth, amounting to approximately INR 4,200 crore (25.42%), highlights the board’s robust financial health and effective revenue generation strategies.
The BCCI’s financial prowess is primarily fueled by revenue streams such as the Indian Premier League (IPL) media rights, bilateral cricketing series, and a significant share of the International Cricket Council (ICC) earnings. India, being the largest cricket market globally, plays a pivotal role in driving this financial success.
Notably, in June 2022, the IPL media rights for a five-year period were sold for an astounding INR 48,390 crore, underlining the league’s global appeal. Additionally, the BCCI benefits from sponsorships, partnerships, and grants from entities like the ICC and the Asian Cricket Council (ACC).
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During FY 2023-24, the board outperformed its projected income of INR 7,476 crore by earning INR 8,995 crore, reflecting its ability to exceed financial expectations. The general fund also witnessed substantial growth, climbing from INR 6,365 crore to INR 7,988 crore. These accomplishments were highlighted in a recent Apex Council meeting, where Treasurer Ashish Shelar lauded the BCCI’s financial achievements and announced a budgeted income of INR 10,054 crore for FY 2024-25.
BCCI’s cash and bank balance in FY24 increased to Rs 20, 686 crore from Rs 16, 493 crore in FY 23, it has been revealed
— Bharat Sharma (@sharmabharat45) December 19, 2024
With expenditures set at INR 2,348 crore, the board anticipates a surplus of INR 7,706 crore. One of the BCCI’s notable commitments is its allocation of INR 499 crore in annual grants for its 38 state associations, alongside INR 500 crore earmarked for infrastructure subsidies. Progress on the North-East Development Project was also reviewed, aiming to enhance cricket infrastructure in the region.
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Despite hurdles like weather and electricity issues, physical progress ranged between 19% and 53%, with photographic evidence underscoring the board’s commitment to nurturing cricket in underdeveloped areas. These developments reaffirm the BCCI’s stature as a financial powerhouse and its dedication to fostering cricket’s growth across all corners of the country.
