BCCI Net Worth 2021: Introduction, Income, Facts, Earnings
BCCI Net Worth is $2 billion (Rs. 14680 Crores). We Indians love cricket quite the other sport. In India, cricket may be a religion and has the very best number of followers. Board of Control for Cricket in India (BCCI) is that the national administration for cricket 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 year, numerous matches are played, be it international or domestic. Also then there’s also the foremost viewed – IPL (Indian Premier League), which has taken the craze of the sports to all or any different level. The T – 20 or 20 – 20 format has made cricket fast paced, entertaining sort of sports and has opened other avenues to earn income. But does one know who manages of these stuff, the schedule of matches, the IPL, broadcasting rights, finances etc.? It’s the Board of Control for Cricket In India or BCCI.So how BCCI has created such humongous wealth?
The major source of income of BCCI is thru sponsorship and broadcasting rights.
The global media rights for IPL is awarded to Star India for Rs. 16,300 Crores for the amount 2018 to 2022.
PayTm was awarded title sponsorship rights for International and Domestic matches for Rs. 326 Crores from 2019 to 2023. PayTm can pay Rs. 3.80 Crores per match to BCCI.
Official Kit sponsorship rights are awarded to Nike for Rs. 370 Crores from 2016 to 2020.
BYJU is that the official Indian Cricket Team sponsor for Rs. 1,079 Crores.
Hyundai Motors Company, Dream 11 and Ambuja Cement are the official sponsors from 2019 to 2023. Together the three companies will contribute Rs. 2.59 Crore per match to BCCI.
BCCI is additionally set to receive the most important share within the new revenue model put in situ by International Cricket Council (ICC).
Some other Facts
Sourav Ganguly (former Indian Cricket Team Captain) is that the president of BCCI.
Mahim Verma is that the vice chairman and Mr. Jay Shah is that the secretary of BCCI.
BCCI is formed from 38 affiliated members.
BCCI has its own constitution with specified rules and regulations for its players and administrators.
Apart from scheduling international matches, BCCI also organizes the domestic cricket competitions which include Ranji Trophy, Irani Cup among others.
BCCI had bid to host the 1987 World Cup along side Pakistan counterpart which afterwards that they had won. it had been the primary time that World Cup was being hosted outside England.
BCCI is one among those bodies which have made India proud and even more renowned within the world by way of best management of Indian Cricket.
We look ahead to ascertain the Board of Control for Cricket in India (BCCI) earning more income and making more name within the years to return .
