BCCI Net Worth is$ 2 billion (Rs. 14680 Crores). We Indians love justice further than any other sport. In India, justice is a religion and has the loftiest number of followers. Board of Control for Cricket in India (BCCI) is the public governing body for justice in India. Its headquarters are in Wankhede Stadium, Mumbai. The board was formed in December, 1928 as a society under the Tamil Nadu Societies Registration Act.
Net Worth of BCCI
Throughout the time, multitudinous matches are played, be it transnational or domestic. Also also there’s also the most viewed – IPL (Indian Premier League), which has taken the mode of the sports to all different position. The T – 20 or 20 – 20 format has made justice presto paced, amusing form of sports and has opened up other avenues to earn income. But do you know who manages all these stuff, the schedule of matches, the IPL, broadcasting rights, financesetc.? It’s the Board of Control for Cricket In India or BCCI.
BCCI Net Worth
The immense addict base in India, winner of 1983 and 2011 world mug among other titles, and preface of Indian Premier League (IPL) in 2008, all these factors have contributed to the growing net worth of BCCI. It’s estimated that the net worth of BCCI is around$ 2 Billion which roughly translates toRs. 14680 Crores. The operating income of BCCI is aroundRs. Crore. From the numbers, we can see that BCCI is India’s richest sporting body and the richest justice board in the world.
So how BCCI has created similar humongous wealth?
The major source of income of BCCI is through backing and broadcasting rights.
The global media rights for IPL is awarded to Star India forRs. Crores for the period 2018 to 2022.
PayTm was awarded title backing rights for International and Domestic matches forRs. 326 Crores from 2019 to 2023. PayTm will payRs.3.80 Crores per match to BCCI.
Sanctioned Tackle backing rights are awarded to Nike forRs. 370 Crores from 2016 to 2020.
BYJU is the sanctioned Indian Cricket Team guarantor forRs. Crores.
Hyundai Motors Company, Conjure 11 and Ambuja Cement are the sanctioned guarantors from 2019 to 2023. Together the three companies will contributeRs.2.59 Crore per match to BCCI.
BCCI is also set to admit the largest share in the new profit model put in place by International Cricket Council (ICC).
Some other Data
Sourav Ganguly ( former Indian Cricket Team Captain) is the chairman of BCCI.
Mahim Verma is the vice chairman andMr. Jay Shah is the clerk of BCCI.
BCCI is made up of 38 combined members.
BCCI has its own constitution with specified rules and regulations for its players and directors.
Piecemeal from cataloging transnational matches, BCCI also organizes the domestic justice competitions which include Ranji Jewel, Irani Cup among others.
BCCI had bid to host the 1987 World Cup along with Pakistan counterpart which latterly they had won. It was the first time that World Cup was being hosted outside England.
BCCI is one of those bodies which have made India proud and indeed more famed in the world by way of stylish operation of Indian Justice.
We look ahead to see the Board of Control for Cricket in India (BCCI) earning further income and making further name in the times to come.
