The Board of control for Cricket in India also called BCCI is the richest Cricket Board in the world with a net worth of $2.25 billion which is around 70,000 crore Indian rupees. BCCI is the farthead of Cricket Australia which is in second position in a time of net worth.
Cricket Australia is the second richest Cricket Board with a net worth of around 70 million US dollars which is equal to 600 crore in Indian rupees with revenue of $400 Million.
Rank | Cricket Board | Net Worth (est.) | Annual Revenue (est.) |
---|---|---|---|
1 | Board of Control for Cricket in India (BCCI) | $2.25 billion | $919 million |
2 | Cricket Australia (CA) | $70 million | $392 million |
3 | England and Wales Cricket Board (ECB)pp | $59 million | $380 million |
4 | Pakistan Cricket Board (PCB) | $55 million | $111 million |
5 | Bangladesh Cricket Board (BCB) | $51 million | $110 million |
6 | Cricket South Africa (CSA) | $47 million | $62 million |
7 | Zimbabwe Cricket (ZC) | $38 million | $17 million |
8 | Sri Lanka Cricket (SLC) | $20 million | $15 million |
9 | Cricket West Indies (CWI) | $15 million | $13 million |
10 | New Zealand Cricket (NZC) | $9 million | $28.86 million |
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How Cricket Boards Earn Money
- Media rights: Cricket is one of the most popular sports in the world, and broadcasters are willing to pay large sums of money for the rights to televise and stream matches. For example, the Indian Premier League (IPL) media rights for the 2023-2027 cycle were sold for a record-breaking $6.2 billion.
- Sponsorship: Cricket boards also generate revenue from sponsorships with businesses that want to associate their brands with the sport. These sponsorships can take many forms, such as kit deals, title sponsorships for tournaments, and advertising on TV and radio broadcasts.
- Ticketing: Ticket sales are another source of revenue for cricket boards, especially when it comes to international matches and major tournaments. However, this revenue stream has been impacted by the COVID-19 pandemic, which has led to capacity restrictions at stadiums.
- Merchandise sales: Cricket boards also sell merchandise, such as jerseys, caps, and bats, to fans. This revenue stream is relatively small compared to media rights and sponsorship, but it can still be a significant source of income for some boards.
- Government funding: In some countries, cricket boards receive funding from the government. This is especially common in countries where cricket is the national sport, such as India and England.
In addition to these main revenue streams, cricket boards can also generate income from other sources, such as licensing agreements and investment income.
The amount of money that cricket boards earn varies depending on their size and popularity. The biggest cricket boards, such as the Board of Control for Cricket in India (BCCI) and the England and Wales Cricket Board (ECB), earn hundreds of millions of dollars each year. That’s why you can see most of the Indian Subcontinent countries on top of the list despite not having very strong economic conditions, It is because of their large fan base for cricket. Smaller cricket boards, on the other hand, may only generate a few million dollars each year.
The revenue that cricket boards earn is used to fund a variety of activities, such as:
- Player salaries and expenses: Cricket boards pay players salaries and expenses for representing the country in international matches and tournaments. Salaries of different countries players are different as per fan following of the sport in their country.
- Grounds maintenance and development: Cricket boards are responsible for maintaining and developing cricket grounds, both at the international and domestic levels. The cost of pitch repair and roller and maintaining the outfield is all from the pocket of the country’s Cricket boards.
- Grassroots development: Cricket boards invest in grassroots development programs to identify and nurture young talent, they conduct st
- Administration: Cricket boards also need to cover the costs of administration, such as staff salaries and office expenses.
Board of Control for Cricket in India (BCCI)
The Board of Control for Cricket in India (BCCI) is the richest cricket board in the world. In the last five years till 2021/22, the BCCI reported a net surplus of INR 110 billion (USD 1.5 billion). This was the BCCI’s highest annual net surplus in its history.
The BCCI’s financial dominance has also led to some controversy. Some critics have argued that the BCCI is too powerful and that it does not share its wealth fairly with other cricket boards. The BCCI has also been criticized for its lack of transparency and accountability.
Despite these criticisms, the BCCI remains the most powerful and influential cricket board in the world. The BCCI’s financial strength has allowed it to invest heavily in the Indian cricket team, and this has helped it to become one of the most successful teams in the world.
Cricket Australia
Cricket Australia stood in second position in our report richest cricket boards in the world. In the 2021/22 financial year, The total revenue from contracts with customers made by Cricket Australia in the financial year 2022 was approximately 392 million Australian dollars. The total revenue from contracts with customers made by Cricket Australia has fluctuated in recent years.
England and Wales Cricket Board (ECB)
The England and Wales Cricket Board (ECB) is one of the richest cricket boards in the world, with a revenue of over £300 million in the 2021/22 financial year as reported in Ecb official data.
The ECB’s financial stability has allowed it to invest heavily in the England and Wales cricket teams, and this has helped them to achieve great success on the international stage. Both the England men’s and women’s teams are ranked among the top teams in the world.
Pakistan Cricket Board (PCB)
The PCB’s financial position has been relatively stable in recent years. The official T20 cricket league of Pakistan pk house generated five billion Pakistani rupees in 2023 Edison of the league as per Tribune India. In the 2021/22 financial year, the PCB reported a net surplus of PKR 2.4 billion (USD 14 million). This was the PCB’s second consecutive year of reporting a net surplus.
In the ODI World Cup year, PCB will earn $34.51 million from ICC revenue share. Hence, $1.03 million will be shared between the players.
Bangladesh Cricket Board (BCB)
The BCB has a relatively strong financial position, compared to other cricket boards in South Asia. In the 2021/22 financial year, the BCB reported a net surplus of BDT 371 million (USD 4.3 million). This was the BCB’s highest annual net surplus in its history.
The BCB’s strong financial position has allowed it to invest in the Bangladesh cricket team and to help it improve its performance on the international stage. In recent years, Bangladesh has become one of the most successful cricket teams in the world, and it is now ranked among the top 10 teams in both Test and ODI cricket.
Cricket South Africa (CSA)
Cricket South Africa (CSA) has been in a precarious financial position for several years. In the 2022/23 financial year, CSA reported a net loss of R119 million (USD 7.2 million). This was the third consecutive year that CSA had reported a loss.
CSA will also receive a lion’s share amount equal to R500 million per year for the next four years from the ICC as part of its new revenue model.
In addition to the above, CSA is also working on the following initiatives to improve its financial position:
- Launching a new domestic T20 league, called the SA20, in 2023: The SA20 is expected to generate significant revenue for CSA from media rights and sponsorships.
- Hosting the 2023 Men’s Cricket World Cup: Hosting the World Cup is a major opportunity for CSA to generate revenue from ticket sales and sponsorships.
- Improving its corporate governance and financial management: CSA has taken steps to improve its corporate governance and financial management in recent years. This is expected to make CSA more attractive to sponsors and investors.
Zimbabwe Cricket (ZC)
Zimbabwe Cricket (ZC) has had a difficult financial history. In 2019, ZC was suspended from the International Cricket Council (ICC) for government interference in the affairs of the governing body. The suspension was lifted a few months later, but it had a devastating impact on ZC’s finances.
ZIMBABWE Cricket is set to get a reduced income of US$70.56m for the 2023-2027 cycle under a new revenue-sharing model being considered by the International Cricket Council or ICC.
Sri Lanka Cricket (SLC)
SLC’s finances have been in a difficult state in recent years, due to several factors, including the COVID-19 pandemic, the economic crisis in Sri Lanka, and poor on-field performances. But the recent Asia Cup organized in Srilanka fueled up financially lagging Srilanka’s Cricket.
In 2022, SLC recorded a net surplus of Rs. 6.3 billion (USD 37 million), which was the highest annual net surplus recorded by the institution in its entire history. This was due to several factors, including a successful Lanka Premier League season and increased sponsorship revenue.
However, SLC’s financial position remains fragile. The organization has a significant debt burden, and it is facing several challenges, such as the economic crisis in Sri Lanka and the rising cost of living.
Cricket West Indies (CWI)
CWI’s finances have been in a precarious state for several years. In 2018, CWI was projected to receive $128 million over the next eight years from the ICC, but this was later revised downwards to $117.6 million. This shortfall has caused significant financial hardship for CWI.
CWI’s financial difficulties have had a negative impact on the West Indies cricket team’s performance. The team has struggled to compete at the highest level in recent years, and it has lost some of its best players to other leagues.
New Zealand Cricket (NZC)
NZC is a well-run cricket board, and it has a strong financial footing. This has allowed it to invest in the game at all levels, and it has helped to make New Zealand one of the leading cricket nations in the world.
Here are some additional details about NZC’s finances:
- In the 2021-22 financial year, NZC generated revenue of $90.8 million.
- Media rights accounted for the largest share of revenue, at $57.4 million.
- Sponsorship revenue was $18.1 million.
- Ticketing revenue was $5.9 million.
- Merchandise sales revenue was $3.3 million.
- Government funding was $1.7 million.
- NZC’s expenses in the 2021-22 financial year were $85.7 million.
- Player salaries and expenses accounted for the largest share of expenses, at $32.8 million.
- Grounds maintenance and development expenses were $15.8 million.
- Grassroots development expenses were $7.9 million.
- Administration expenses were $12.4 million.
- NZC posted a surplus of $5.1 million in the 2021-22 financial year.
NZC’s strong financial position gives it a lot of flexibility to invest in the game and to support its players and teams. This is essential for maintaining New Zealand’s status as one of the leading cricket nations in the world.