2023-05-17 13:51:46
Lahore: The Pakistan Cricket Board made public its disagreement with the new financial arrangement of the ICC. The reason for the objection is that BCCI gets more benefit while sharing the revenue. The ICC will also consider the revenue of the boards along with their performance in cricket. PCB Chairman Najam Sethi has demanded transparency in the process.
The BCCI will get a 38.5 percent share of the $600 million revenue from 2024 to 2027. England is in second place. But England gets only one-sixth of the BCCI’s income. 6.89% of the ICC revenue will be handed over to the England Cricket Board. Australia is in third place with 6.25 percent. The three cricket boards also own half of the total revenue of the ICC.
Pakistan Cricket Board will receive 5.75 percent of revenue, New Zealand 4.73 percent, West Indies 4.58 percent, Sri Lanka 4.52 percent, Bangladesh 4.46 percent and South Africa 4.37 percent from ISIS. The ICC mainly earns its revenue by selling broadcasting rights for tournaments including the World Cup. The broadcasting rights of the ICC tournaments for the next four years were sold for $3.2 billion.
This time the broadcasting rights were sold in five different regions. In this, Disney Hot Star acquired the broadcasting rights in countries including India for the next four years for 3 billion dollars. Star Sports has also acquired the broadcast rights of the ODI World Cup which will be held in India in the months of October-November this year.
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Last Updated May 17, 2023, 7:23 PM IST
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