The Board of Control for Cricket in India (BCCI) will be getting $405 million as per the International Cricket Council’s revenue sharing model, which was agreed during the apex body’s annual conference in London.
Originally, the ICC had agreed to give $293 million but, after hectic negotiations, the chairman Shashank Manohar agreed to increase India’s share by $100 million. Finally, it was decided that $112 million more will be given to BCCI from the previously agreed amount.
Now, India will be getting $266 million more than England, which will take home $139 million. Australia, Pakistan, West Indies, New Zealand, Sri Lanka and Bangladesh are getting $128 million each. Zimbabwe will get $94 million.
The revenue sharing model has been a bone of contention for BCCI as the world’s most influential cricket board had demanded $570 million, which was unacceptable to Manohar, himself a two-time former Board president.
PTI has reported, quoting an Indian Cricket Board official that “the BCCI has agreed to the terms and conditions”. The BCCI, in fact, lost 1-13 when it was brought to vote at an earlier meeting. However, BCCI is still getting 22.8% out of total revenue sharing of $1,536 million.
The ECB gets 7.8% while the other boards are getting 7.2%. Zimbabwe is getting 5.3%. While more than 86% is given to full members, the remaining is shared between the ICC’s Associate Members.
The BCCI had, in fact, lost 1-13 when it was brought to vote at an earlier meeting. While more than 86 percent is given to Full Members, the remaining is shared between the ICC’s Associate Members.