Board of Control for Cricket in India estimated to earn USD 12 million profit from T20 World Cup

Board of Control: The Emirates Cricket Board (ECB) will receive $ 7 million for hosting 39 games in the UAE. And Oman Cricket (OC) will receive a $ 400,000 hosting fee for hosting six ICC Twenty20 World Cups.

First-round matches in Muscat over the next 50 days, while the Board of Control of Cricket in India (BCCI). The designated venue of the World Cup will have a surplus of $ 12 million.

This is based on a BCCI estimate that you recently reported to Apex board members.

In a detailed email to Apex Board members. The BCCI recently announced that it will give the ECB a $ 7 million fee, $ 1.5 million for hosting. And $ 5.5 million per operation and $ 400,000 for operating expenses of the six Muscat Games.

The BCCI has transferred the rights to sell tickets for the tournament in the UAE and Oman to the ECB and the OC and expects a good turnout during the 33 days of the event.

BCCI estimated to earn USD 12 million profit from T20 WC | Cricbuzz.com -  Cricbuzz

The BCCI also told members at the recent Apex Council meeting that its own surplus will be $ 12 million. Even though the total cost of hosting the tournament will be $ 25 million less than next year’s Twenty20 World Cup in Australia.

As per the email, seen by Mycricketdeal: “The BCCI is hosting a major part of this event in UAE. In Dubai, Abu Dhabi & Sharjah. The BCCI is working with the ECB on similar lines.

Some of the key pointer’s BCCI’s arrangement with ECB is as follows:

  1. BCCI pays the ECB a flat fee of $ 1.5 million (of our host fee of $ 13.5 million) and an operating cost of $ 5.5 million, which is covered by ICC. The total fee payable is $ 7 million.
  2. All operational services related to ICC requirements are provided by the ECB
  3. The BCCI has transferred its ticketing rights to the ECB and the ECB will retain all proceeds from the sale of tickets for the matches.
  4. To carry out this event, a local organizing committee (LOC) was created, composed mainly of BCCI staff and part of the ECB staff.

The BCCI has also claimed that the tournament was moved to the Middle East in order to keep the players safe. “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,” the BCCI secretary Jay Shah

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