BCCI’s Net Worth 28 Times More Than 2nd-Richest Board Cricket Australia: Report

As per reports, #BCCI's net worth is approximately Rs 18,700 crore, while #CricketAustralia's is about Rs 660 crore.
IANS
Cricket
Published:

According to a report, the Board of Control for Cricket in India's (BCCI) net worth is 28 times more than Cricket Australia.

|

Photo: Twitter

<div class="paragraphs"><p>According to a report, the Board of Control for Cricket in India's (BCCI) net worth is 28 times more than Cricket Australia.</p></div>
ADVERTISEMENT

The Board of Control for Cricket in India (BCCI) is widely recognized as the wealthiest cricket board worldwide. A recent media report has unveiled the exact figures of its current net worth, showcasing that the Indian board earn as much as 28 times more than its Australian counterpart, Cricket Australia.

Last month the BCCI's net worth was listed at $2.25 billion (approximately 18,700 crore), exponentially, the richest board in the game. Cricket Australia (CA) are the second-most well-off, but their $79 million makes them more than 28 times poorer than India, according to a report from Cricbuzz.

In many countries, the term "sport" encompasses a variety of games. However, in India, it means cricket, the favored game for over 90% of those who watch sports on a screen.

The report further states that, Cricket South Africa (CSA), which is playing hosts to Team India for a full-fledged, all-format series weigh in sixth place with the net worth of $47 million which is 2.09% of the BCCI's worth.

BCCI, in fact, accounts for 85.88% of the combined net worth of the top 10 boards, as per the report. The report further highlighted how big a boost CSA's revenues will get from the upcoming tour of India, which started on December 10.

The span of 30 days of cricket against India is expected to pump up to $68.7-million into CSA's coffers. That's $8.6 million per match, or $2.29 million a day. It is expected to wipe out the losses of $6.3 million, $10.5 million and $11.7 million CSA have declared in each of the past three financial years, the report said.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

Published: undefined

ADVERTISEMENT
SCROLL FOR NEXT