According to BCCI’s 2017-18 balance sheet, its cash and bank balance, as on March 31, 2018, was ₹5,526.18 crore. This is the last financials which BCCI has made public.
– ₹2,011.83 crore was in fixed deposits.
– ₹900 crore was kept aside in escrow accounts to deal with various arbitration proceedings.
This balance sheet would have got further boosted by the IPL media rights deal with Star India who on an average pays 3065 Crores.
How much BCCI can lose in the Lockdown Scenario
BCCI Revenues from Bilateral Home Series in 2020
BCCI earns 60.1 Crore per game from Media Rights partner for every international game played at home. India as per the 2020 FTP was only scheduled to play 15 games this season. Out of that South Africa tour to India is already wiped out because of Coronavirus scare and India has already completed 3 match series each against Australia and Sri-Lanka. India is scheduled to play only 3T20 / 3ODI’S against England at home in October in only home series left this year.
Assuming England series is organized without any hiccup BCCI is set to earn 1080 Crore for year 2020 from the home series. If the ICC T20 World Cup go ahead in Australia this year, BCCI will also be paid from ICC Coffers their share of revenues.
BCCI will be in financial trouble if there is no IPL, says treasurer
With such a strong balance sheet, sources of revenues to back itself it is strange that Dhumal has come on record to say BCCI will be in financial trouble in case IPL 2020 does not happen.
Without any doubt with no no clarity on the future of big-ticket tournaments like the T20 World Cup, Asia Cup, IPL and scheduled bilateral meets, the cancellation or prolonged postponement of matches will certainly have an impact on the finances of BCCI but not to the extent that it should spiral downwards. That is reason for now players, state bodies, BCCI staff can breathe easy and the board can tide off these unprecedented times.