Cricket is becoming more important and powerful business in the ground of plays similarly to the football among the countries like England, India and Australia. The ICC is divulged for the 8 years from (2016-2023) with the issue that the “Big 3” got up with BCCI. The England cricket board and Australian cricket board induced ICC of revenue distribution to obtain the lion share among the top test playing nations.
The new cricket power “The Big 3” was handed over to the nations like South Africa, Pakistan, West Indies and Siri Lanka because these nations accepted the terms. India has produced more money for ICC so this nation deserves the ICC revenue lion share as compared to England and Australia. We now have a sight at the revenue sharing model and come to know that how this sharing will effect the cricket in growing countries.
The Sharing Model for ICC Revenue
All the test playing nations had got an equal share of pie according to the present situation but BCCI a new sharing model had to get the23%of the lion share of the total revenue while Australia and England had got 6% to 10% each revenue generated by the ICC.
Now we throw a light on the next 8 years revenue generations and distributions.
ICC New Revenue Sharing Model (2016-2023) and the Big 3.
|DETAILS||SHARE ($)||IND RUPEE|
|ICC’s Total Expected Revenue||$2.5 billion||Rs 15,700 cr|
|BCCI’s Share (22.9 %)||$586 million||Rs 3,600 cr|
|England Board (ECB) Share (11.7%)||$295 million||Rs 1,850 cr|
|Australian Board (ACB) Share (5%)||$130 million||Rs 800 cr|
|Pakistan Boards (PCB) Share (3.82%)||$97 million||Rs 600 cr|
|South Africa Board (CSA) Share (3.75%)||$96 million||Rs 590 cr|
|West Indies Board (WICB) Share (3.18%)||$81 million||Rs 500 cr|
|New Zealand Board (NZC) Share (2.99%)||$76 million||Rs 470 cr|
|Sri Lanka Board (SLC) Share (3.18%)||$81 million||Rs 500 cr|
|Bangladesh Board (BCB) Share (2.67%)||$68 million||Rs 420 cr|
|Zimbabwe Board (ZCB) Share (2.54%)||$65 million||Rs 400 cr|
|Associate Members Share (9.75%)||$211 million||Rs 1300 cr|
|ICC Share (30%)||$760 million||Rs 4670 cr|
The Expected Revenue of ICC during (2013-2016)
A total money of $2.5 billion to $3 billion of record was made in the history of cricket yearly was discussed in the annual meeting of ICC and it was expected to have two 50 over world cups included along with this money during the (2013-2016) and a world test championship. After the formation of new power “The Big 3” it was difficult to distribute the revenue among the 8 playing nations.