BCCI has its way, to get $405 million from ICC’s revenue sharing model
The BCCI will be getting $405 million as per the International Cricket Council’s revenue sharing model, which was agreed during the apex body’s annual conference in London. Originally, the ICC had agreed to give $293 million but, after hectic negotiations, its chairman Shashank Manohar agreed to increase it by $100 million.
Finally, it was decided that $112 million more will be given to BCCI from the previously agreed amount. India is getting $266 million more than England, which will take home $139 million. Australia, Pakistan, West Indies, New Zealand, Sri Lanka and Bangladesh are getting $128 million each. Zimbabwe will get $94 million.
The revenue sharing model has been a bone of contention for BCCI as the world’s most influential cricket board had demanded $570 million, which was unacceptable to Manohar, himself a two-time former Board president. A Indian Cricket Board official told PTI that “the BCCI has agreed to the terms and conditions”.
The BCCI, in fact, lost 1-13 when it was brought to vote at an earlier meeting. However, BCCI is still getting 22.8 percent out of total revenue sharing of $1536 million. The ECB gets 7.8 percent while the other boards are getting 7.2 percent. Zimbabwe is getting 5.3 percent. …read more