NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News  » Cricket » How BCCI plans to make up for reduced ICC revenue share

How BCCI plans to make up for reduced ICC revenue share

May 07, 2017 16:40 IST

Jagmohan DalmiyaThe Board of Control for Cricket in India's general body on Sunday discussed late former president Jagmohan Dalmiya's proposed model to make up for the notional loss due to the reduced revenue share from the International Cricket Council.

The ICC is ready to pay an additional $100 million to the already earmarked $293 million but it is still a massive cut from the $573 million that the BCCI was getting earlier.

It is learnt that Dalmiya had proposed a model in 2015 on raking in profits using the window available for the now scrapped Champions League T20.

"The Champions League T20 used to be held in September. Now the whole window is available to BCCI. Dalmiya had then proposed that every September we play a bilateral series at home -- Tests or limited-overs matches. The costs would be covered from broadcasters money," a state unit official told PTI on condition of anonymity.

He further explained how a projected loss of Rs 1000 crore could be covered in the next five years.

"Right now BCCI gets Rs 43 crore approximately for playing one international match (Tests/ODIs/T20s). If every September, we play even a short series -- say three ODIs and two T20 Internationals -- you end up making Rs 215 crore from broadcast deal.

"Multiply it by five years and you get Rs 1075 crore. Why fight with ICC when we can ourselves generate revenue?" the official said.

In fact, it was Rajeev Shukla, who reminded the BCCI members about how Dalmiya used to sort out through dialogue rather than confrontation.

"We must remember past presidents like Mr Jagmohan Dalmiya sorted problems through dialogue and not confrontation," Shukla said.

Image: Jagmohan Dalmiya

© Copyright 2018 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.