Skip to content
Search

Latest Stories

India's cricket board makes £1.2bn surplus in five years

The BCCI does not typically publish its finances in detail

India's cricket board makes £1.2bn surplus in five years

INDIA's cricket board earned a surplus of around $1.5 billion (£1.2bn) in the five years to 2021-22, the country's parliament heard during a rare look into the sporting body's finances.

The Board of Control for Cricket in India (BCCI) does not typically publish its finances in detail.


But it is known to be one of the world's most lucrative governing bodies thanks to India's diehard love of the game and periodic bidding wars over broadcast rights.

A government minister listed recent BCCI earnings in parliament on Tuesday (8) which revealed revenue of $919 million (£722m) and expenditure of $370m (£291m) for the year to March 2022, leaving a surplus of $549m (£431m)

It was the board's biggest surplus out of the five years from 2017-18, with earnings of $3.3bn (£2.6bn) and $1.8bn (£1.4bn) in expenses for the same period.

The all-powerful BCCI is often said to call the shots in world cricket due to their outsized wealth compared to other national cricket boards.

The BCCI also stands to earn approximately $230m (£181m) per year between 2024-27 -- or 38.5 per cent of the International Cricket Council's annual earnings of $600m (£471m), according to ESPN Cricinfo.

Last year, the BCCI sold its media rights for the wildly popular Indian Premier League Twenty20 tournament for a whopping $6.2bn (£4.9bn).

The board has recently floated a tender for media rights for its international and domestic matches which is set to reap another huge windfall.

(AFP)

More For You

Father’s Day

Father’s Day reflects a wide range of traditions shaped by history, culture and emotion

iStock

What Father’s Day means around the world: A celebration of presence over presents

Father’s Day is often seen as a time for cards, tools or a family lunch, but across the globe, it carries a much deeper significance. Beyond the commercial promotions, Father’s Day reflects a wide range of traditions shaped by history, culture and emotion. While some mark the occasion with grand gestures, others focus on quiet reflection, respect and the bonds that define fatherhood.

Thailand’s day of respect

In Thailand, Father’s Day is celebrated on 5 December, the birthday of the late King Bhumibol Adulyadej. The day is as much about honouring the nation’s former monarch as it is about celebrating fatherhood. Citizens wear yellow, the king’s birth colour, and present canna lilies to their fathers as a symbol of gratitude and respect. It’s a cultural blend of familial and national reverence.

Keep ReadingShow less
Jungkook

Jungkook under fire for wearing Make Tokyo Great Again cap at BTS concert rehearsal

Twitter/ Pannchoa/ Getty Images

Jungkook apologises after backlash for wearing ‘Make Tokyo Great Again’ cap at BTS rehearsal

BTS star Jungkook has issued a public apology after sparking backlash for wearing a cap with the phrase “Make Tokyo Great Again” during a rehearsal for J-Hope’s concert. The phrase, seen as politically loaded, upset many fans in South Korea, with some calling it offensive and thoughtless.

The singer, who recently completed his mandatory military service, said he was unaware of the slogan’s sensitive background and admitted that he should have been more cautious.

Keep ReadingShow less
Rochdale grooming case

They were all remanded in custody, except Bashir, who absconded before the trial began. (Photo: Greater Manchester Police)

Seven men convicted of raping 13-year-old girls in Rochdale grooming case

SEVEN men were convicted on Friday in the UK’s latest grooming trial, after a jury heard that two girl victims were forced to have sex “with multiple men on the same day, in filthy flats and on rancid mattresses”.

Jurors at the court in Manchester, northwest England, deliberated for three weeks before finding the seven men, all of whom are of South Asian descent, guilty of rape.

Keep ReadingShow less
Victor Hugo hidden artworks

Drawings by Victor Hugo on display include Ecce Lex

Paris Musees

Victor Hugo’s hidden artworks reveal political depth and poetic mystery

The moment I walked into the Royal Academy to see Astonishing Things: The Drawings of Victor Hugo, I thought of Rabindranath Tagore.

Both men were giants of literature, but they were visual artists as well.

Keep ReadingShow less
Aisha Khan Revives Vintage Soul at Ronnie Scott’s Jazz Club

Aisha Khan

Aisha Khan brings vintage soul to Ronnie Scott’s with jazz and rhythm and blues revival

With a voice that echoes both the glamour and grit of a bygone era, British singer Aisha Khan is set to take centre stage at London’s legendary Ronnie Scott’s Jazz Club on June 29.

Performing with her acclaimed band The Rajahs, Khan will present a rich cocktail of 1940s and 1950s American roots music, jazz and rhythm and blues – blending timeless classics with her own original songs. Known for her evocative vocals, magnetic stage presence and deep reverence for the great female vocalists of the past, Khan promises a night filled with toe-tapping rhythm and heartfelt emotion.

Keep ReadingShow less