ICC Meeting: Money is going to rain on BCCI, will get 231 million dollars! You will be surprised to know the reason – icc meeting bcci can get 231 million dollars

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New Delhi: The International Cricket Council (ICC) is all set to approve a share of USD 231 million from the sports body’s annual revenue during its annual board meeting from Monday.
The future of ODIs (specifically bilateral series) and the extent of participation in T20 leagues by any player will also be discussed during the four-day meeting in Durban.

Members are also expected to receive updates on preparations for the ICC T20 World Cup to be held in the West Indies and the United States next year. The biggest issue of this meeting is revenue tax distribution. India is proposed to get a whopping 38.5 per cent ($230 million annually) from the ICC’s annual revenue of $600 million (around Rs 49.5 billion) for the period between 2024-2027. Neighboring country Pakistan has some objection to this but it is understood that it will get the approval of the board without any problem.

It will be approved by the ICC’s Financial and Commercial Affairs (F&CA) committee and then it will be a mere formality at the Board of Directors meeting. An ICC board member told ‘PTI-Bhasha’, ‘If one looks at the basis of percentage, the revenue distribution may seem unfair, in which India will get 38.5 percent and ECB (England and Wales Cricket Board) 6.89 percent and Cricket Australia will get 6.25 per cent. This revenue should be seen from the point of view of quantity instead of percentage.

He said, ‘This is much more than what the member countries have received in the last eight years. England’s share is $41 million (roughly Rs. 3.3 billion) compared to $16 million (roughly Rs. 1.32 billion) in the previous cycle. Similarly, associate countries will get $67 million instead of $22 million.

“The calculation of this percentage is based on cricket rankings, performance in ICC tournaments and professional contribution to the game. India contributes significantly to the commercial aspect of sports. When asked whether the distribution to other member states was found to be unequal, he replied, ‘The question of inequality does not arise because the quantum of revenue has increased. It is not that only BCCI is taking more money from the same revenue.

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The future of the bilateral ODI series is also expected to figure in the Durban meeting. The member countries will discuss the preparation of a five-year calendar between 2028-32 during this meeting. Apart from prestigious ICC events like World Cup and Champions Trophy, only a country like India can attract spectators for a 50-over match.

With the advent of T20 cricket and a global tournament held every two years with year-round league cricket, no member nation can be very sure about the future of a five-match or three-match bilateral series. Another member of the ICC board said, “Broadcasters are also now focusing on the Test series and T20 series of big teams. Seven-hour ODIs and insignificant bilateral series are no longer generating much revenue. Member countries need to have a thorough discussion on this aspect.

A major issue in this meeting will be to decide the limit for players to play in international leagues. A large number of players are now preferring to play in T20 leagues around the world instead of playing for the national team.

Meeting Schedule:

Monday: Meeting of the Associate Member States.

Tuesday: CEOs’ meeting.

Wednesday: Meeting of officers dealing with Financial and Commercial Affairs (F&CA).

Thursday: Board of Directors meeting and AGM.
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