'Fistful' of dues no worry for cash-rich BCCI
The loss of a few crores does not appear to bother the BCCI, the richest cricket board in the world. There are 11 international boards from whom the BCCI is to receive money. Anand Sachar reports.Updated: Aug 10, 2013 10:21 IST
The loss of a few crores does not appear to bother the BCCI, the richest cricket board in the world.
Recently, the Board staff calculated the total payment due to it from international boards, and the same was presented during the BCCI's finance committee meeting on July 26.
According to the report, a copy of which is with HT, there are 11 international boards - CBFS Sharjah, Zimbabwe Cricket Union, Cricket Australia, Pakistan Cricket Board, Cricket South Africa, Bangladesh Cricket Board, England and Wales Cricket Board, Irish Cricket Union, Singapore Cricket Association, Sri Lanka Cricket Board and the West Indies Cricket Board - from whom the BCCI is to receive money.
An amount of approximately Rs 5 crore is what the BCCI is to receive. The BCCI is yet to pay the South African board Rs 26 lakh, if the account is kept separate from the Indian Premier League and Champions League payments.
There are overdue payments that date back to 2000, with approximately Rs 1.8 lakh to be claimed since 13 years from CBFS Sharjah for bank charges deducted from the participation fees for a series India participated then.
Charges (approx Rs 15 lakh) pertaining to the 2011/12 tour of Australia is latest in list of unsettled payments. "We send these Boards letters pertaining to the money we are to receive every year. It has been 13 years, but the Board has not really pursued it. After all, the amount is not too big for the Board," a BCCI official told HT.
First Published: Aug 10, 2013 00:20 IST