BCCI's net worth soars to INR 18,700 crores, 28 times more than next best Cricket Australia- Report

BCCI contributes 85.88% of the combined net worth of the top 10 boards.

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The Board of Control for Cricket in India (BCCI) is known as the richest cricket board in the world, and its reason is the craze for the game of cricket in India.

A recent media report revealed that the BCCI's net worth is USD 2.25 billion, making the board 28 times wealthier than Cricket Australia (CA), who are in the second spot with a net worth of USD 79 million.

According to Cricbuzz, BCCI’s net worth was listed at USD 2.25 billion (approximately INR 18,700 crore) last month, while Cricket Australia (CA) is the second-wealthier board in the world with a net worth of USD 79 million, which is 28 times less than India.

Read Also: "We will do it gradually"- Jay Shah on BCCI's reluctance towards Pink-Ball, Day-Night Tests

The report further claimed that Cricket South Africa (CSA) ranks sixth in net worth among cricket boards, with USD 47 million, which is just 2.09% of the BCCI's net worth. The BCCI contributes 85.88% of the combined net worth of the top 10 boards.

The report also highlighted the significant financial boost CSA is expected to receive from the ongoing tour of India, which started on December 10. Over 30 days of cricket against India, CSA is expected to earn USD 68.7 million.

This amounts to USD 8.6 million per match or USD 2.29 million per day. The report suggests that this income is likely to offset the losses declared by CSA in the past three financial years.

 
 

By Rashmi Nanda - 11 Dec, 2023

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