BCCI to earn around $12 million profit from T20 World Cup

Somya Kapoor

Somya Kapoor

Author| Oct 5, 12:21 PM

Photo Credits: Twitter
Photo Credits: Twitter

The Board of Control for Cricket in India (BCCI) is expected to earn USD 12 million profit from the upcoming T20 World Cup. The BCCI which is the designated host of the tournament had informed its Apex Council members about the estimate recently. 

Apart from this, the Emirates Cricket Board (ECB) will receive USD 7 million as it will host a total of 39 matches while Oman Cricket (OC) will get USD 400,000 for holding six fixtures of the first round of the competition. 

The BCCI also informed its Apex Council members in a detailed email that out of the USD 7 million that would be given to ECB, USD 1.5 million is for hosting, USD 5.5 million is the cost for operation. 

The USD 400,000 will be the operational cost for the matches that would be held in Muscat. The ticketing rights of the tournament in UAE and Oman has been given away by the board to ECB and OC. 

According to Cricbuzz, “The BCCI is hosting a major part of this event in UAE, i.e in Dubai, Abu Dhabi & Sharjah. The BCCI is working with the ECB on similar lines. Some of the key pointer's w.r.t BCCI's arrangement with ECB is as follows:

1. BCCI is paying ECB a fixed fee of USD 1.5 million (from our host fee of USD 13.5 Million) and operational costs of USD 5.5 million which will be covered by ICC. Total fee payable is USD 7 millon.

2. All operational deliverables w.r.t ICC's requirements will be provided by the ECB

3. BCCI has transferred its ticketing rights to the ECB and all revenues generated out of sale of match tickets will be retained by the ECB

4. A Local Organizing Committee (LOC) for delivery of this event has been constituted which mainly include staff from BCCI and a few staff from ECB."

The email further notes: "The BCCI is hosting 6 matches in Muscat. Some of the key pointer's w.r.t BCCI's arrangement with ECB is as follows:

1. BCCI is paying OC a fixed fee of USD 400,000.

2. All operational deliverables w.r.t ICC's requirements will be provided by the OC

3. BCCI has transferred its ticketing rights to the OC and all revenues generated out of sale of match tickets will be retained by the OC.

4. The BCCI has deployed a team from its LOC in Muscat to oversee the preparation for the event."

BCCI secretary Jay Shah in an email wrote that the board had talks with the ICC regarding the shift of venues and it was decided that the safety of players and other stakeholders is important. 

"The BCCI discussed the hosting issues with the ICC and had several rounds of deliberations internally. After much thought, it was decided that the safety of players and other stakeholders is of paramount importance and keeping that in mind, it was best to shift the event to the United Arab Emirates and Oman," Shah wrote.  

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