What Is BCCI's Net Worth In 2024?

Jatin

BCCI secretary Jay Shah and president Roger Binny (Twitter)BCCI secretary Jay Shah and president Roger Binny (Twitter)

The Board of Control for Cricket in India (BCCI) is the commanding force behind Indian cricket. Established in 1928, it serves as the sport's main architect, designing the landscape of both domestic and international cricket from its headquarters in Mumbai. As the sport's governing body, the BCCI ensures that cricket in India thrives at all levels.

What is BCCI?

The BCCI, or Board of Control for Cricket in India, stands as the foundation of cricket in India, functioning autonomously without governmental oversight.

Founded in Chennai and now based in Mumbai, it ensures cricket’s growth through the national team’s management and robust domestic circuits, ensuring India’s stronghold in world cricket continues.

How much is BCCI's Net Worth?

BCCI office bearers (Twitter)BCCI office bearers (Twitter)

In the league of cricket finance, the BCCI is an absolute giant, reportedly boasting a staggering net worth of $2.25 billion (INR 18,700 crore).

This financial clout makes it the wealthiest cricket governing body globally, dwarfing others in comparison and securing its status at the top of cricket’s financial hierarchy.

What are the Major sources of BCCI's Earnings?

IPL is one of the major sources of earnings for the BCCI (Twitter)IPL is one of the major sources of earnings for the BCCI (Twitter)

The golden goose for the BCCI is the Indian Premier League (IPL), which contributes extensively to its revenue pot. The newly introduced Women’s Premier League (WPL) is also a major source of BCCI’s earnings.

Broadcast rights sales, sponsorship deals, and high-stakes tournaments like the World Cup further fill its coffers, which makes it a financial powerhouse in the sports world.

BCCI's Expenditures

Cricketing Infrastructure Development

National Cricket Academy after upgradation in 2022 (Twitter)National Cricket Academy after upgradation in 2022 (Twitter)

The BCCI is deeply invested in enhancing cricket infrastructure across India. It pledged ₹1,600 crore in 2006 for upgrading cricket stadiums.

More recently, in 2022, BCCI laid the foundation for a new National Cricket Academy in Bangalore costing ₹200 crore, for advanced facilities including multiple grounds and practice pitches.

Stadium Security

BCCI also spends heavily on stadium security (Twitter)BCCI also spends heavily on stadium security (Twitter)

For security during matches, unlike its Australian or English counterparts, the BCCI hires police forces rather than private agencies. From June 2023, it started paying substantial fees to the Maharashtra government for security during different formats of the game.

Donations and Support for Other Sports

The BCCI's philanthropic efforts include a ₹51 crore donation to the PM CARES Fund in 2020 and 2,000 oxygen concentrators during the COVID-19 crisis. Additionally, it announced a ₹10 crore donation to support India's Olympic athletes in 2021.

Player Welfare and Contracts

The BCCI has a structured contract system for players, offering substantial yearly salaries that vary by contract grade. It also provides pensions to former players and has comprehensive insurance policies covering various potential risks associated with the sport.

On top of that, BCCI has, on several occasions, rolled out rewards to ground staff for their efforts to make games happen. It also spent INR 125 crore as reward money to the Indian team after they won T20 World Cup 2024.

How much does BCCI pay in taxes?

BCCI has seen a rise in tax contributions year-by-year (Twitter)BCCI has seen a rise in tax contributions year-by-year (Twitter)

The BCCI has consistently proven itself a heavyweight in tax contributions. The board has had a complex history with tax payments which often reflects its evolving status and the shifting perceptions of its activities.

Below is a detailed table showcasing the BCCI's income tax payments over recent years, illustrating its significant contributions as well as fluctuations in its tax liabilities.

Fiscal Year
Tax Payment (INR)
2017–18INR 596.21 crore
2018-19INR 815.08 crore
2019-20INR 882.29 crore
2020-21INR 844.92 crore
2021-22INR 1,159 crore
2022-23INR 4,000 crore


BCCI Net Worth: FAQs

Q.1. Who is richer BCCI or FIFA?

Answer: FIFA holds significantly greater wealth than the BCCI, with a valuation that exceeds the BCCI's by more than five times.

Q.2. Who is rich BCCI or PCB?

Answer: The BCCI is the wealthiest cricket board globally with a net worth of $2.25 billion and generating over $2.0 billion in revenue during the 2023-2024 fiscal year.

Q.3. Who is the President of BCCI?

Answer: Roger Binny is the current President of the BCCI.

Q.4. What is the salary of BCCI president?

Answer: The BCCI President, Roger Binny, earns an annual salary of INR 5 crore.

Q.5. Is ICC bigger than FIFA?

Answer: FIFA is considerably larger than the ICC in terms of membership, with over 200 member nations compared to the ICC's 12 full members and numerous associate members.