Is BCCI still the richest board? Reports put bank balance at ₹20,686 crore

Divy Dubey

Is BCCI still the richest board? Reports put bank balance at ₹20,686 crore image

The BCCI has long been viewed as the financial powerhouse of world cricket. With its massive broadcast deals, sponsorships and growing fan base, the board has consistently outpaced its counterparts.

But fresh financial disclosures show just how far ahead it really is. A recent report shared with state associations has revealed the scale of BCCI's reserves.

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BCCI's bank balance crosses ₹20,000 crore

According to the report, BCCI's bank balance stood at ₹20,686 crore as of last year. This is after clearing dues owed to state associations.

The figures show the board has added ₹14,627 crore since 2019 when its reserves were around ₹6,059 crore. Even in the last financial year alone, its balance rose by over ₹4,000 crore.

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The general fund has also doubled in five years - from ₹3,906 crore in 2019 to ₹7,988 crore. These numbers will be reviewed again during the upcoming AGM on September 28 where the latest financial position is expected to be presented.

While its revenues are soaring, the board continues to make large provisions for tax payments. The report notes that BCCI has set aside ₹3,150 crore for income tax obligations in FY 2023-24.

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Although it is contesting some of these claims in tribunals, the board has still accounted for the possibility of payments being enforced.

Despite the impressive balance sheet, there has been a fall in gross media rights income. The report highlights that revenue from international matches dropped to ₹813.14 crore, compared to ₹2,524.8 crore in the previous year.

The latest numbers confirm BCCI's position as the world's wealthiest cricket board with its financial muscle continuing to shape the game both at home and globally.

Divy Dubey

Divy Dubey is a content producer for The Sporting News' India edition. He has a passion for cricket and is an avid fan of football. His work spans culture, media, and digital trends. With a background in research and a curiosity-driven approach, he enjoys crafting thoughtful, engaging stories that invite readers to see everyday topics in a new light.