The Board of Control for Cricket in India (BCCI), which experienced a decline in revenue during the COVID-19-affected period, has witnessed a large increase in its income. The country’s top cricket organization has seen a surge of more than 2000 crores in the current fiscal year. In addition, the board made about 378 crores from the Women’s Premier League’s (WPL) first season. The board anticipates an increase in the cash flow as they forecast steadily rising profits.
In the AGM, Treasurer Ashish Shelar announced that the organization earned INR 6,558.80 crore during the current fiscal year, which is 2022–2023. Over the NR 4,360.57 crore that was produced in the covid phase or the financial year 2021–2022, this represents an increase of NR 2,198.23 crore.
“This is to bring to your notice that due to Covid 19, the cricketing season in 21-22 was cut down to only three tournaments. The domestic season of 2020-21 was at full strength except a few junior tournaments, like Under 16, etc. However, the year 2022-23 brought back all the hopes and confidence to conduct entire domestic season with enthusiasm (sic),” Shelar told the members of the state associations.
The BCCI made a huge amount during the Women’s Premier League’s 2023 (WPL 2023) season
“The baton handed over to me by my predecessors in a very healthy financial position and I will make sure that it grows stronger as time passes to see in a position and where the BCCI stands today is a result of collective effort by all the ex and present officials. The broad horizon of vision in the form of leadership along with strong commitment of all members of the BCCI has taken the sport of cricket to such a respectable height in a span of very few years. The dedication and determination put in by the BCCI has made sure that the BCCI remains ethically and financially strong at all times. The BCCI has proved to the sports world how standard can be maintained in all situations (sic),” Shelar further said in his report.
The board made Rs 377.49 crores during the Women’s Premier League’s (WPL) first season. At the end of 2027, the BCCI projects an annual income of INR 80,000 crore and expects its profits to rise dramatically.
In addition, it was decided at the annual general meeting that the state associations would no longer compensate players for travelling as guests. Even then, the state associations won’t be allowed to pay additional fees when they engage guest players. Only the match fees will be paid to these players.