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Indian Cricket Board in control despite losses in revenue

The Board of Control for Cricket in India has seen a reduction of revenues, thanks mainly to the cancellation of some matches and tours, and the shifting of the IPL to South Africa, but state associations never had it better, HT reports.

Updated on: Sep 2, 2009, 02:12:02 IST
Hindustan Times | By , New Delhi
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The Board of Control for Cricket in India has seen a reduction of revenues, thanks mainly to the cancellation of some matches and tours, and the shifting of the IPL to South Africa, but state associations never had it better.

HT Image
HT Image

Each of the state associations affiliated to the board received between Rs 21 and 28 crore last year. In all, the board paid out a total of 624 crore to the associations. The board anticipates that this will go up further, to Rs 766 crore for the financial year 2009-10. What is especially remarkable is that these same associations, just 10 years ago in 1999, were receiving less than a lakh of rupees each.

Amazingly, the losses to the board for cancellations of matches adds up to over Rs 114 crore. The cancellation of two home ODIs against England following the terror attacks in Mumbai cost the board Rs 73 crore. The cancellation of the Champions League and a tour of Pakistan caused a loss of Rs 14 crore.

 
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