BCCI’s Surplus Incomes From IPL 2023 Jumps 116 Per Cent To Rs 5120 Crore, Whole Revenue Is…

The Board of Management for Cricket in India (BCCI) has earned a surplus of Rs 5120 crore from the Indian Premier League (IPL) 2023, in line with a report within the Financial Instances. The report additional claimed that it was a 116 per cent soar from the Rs 2367 crore surplus that the BCCI earned from IPL 2022.  In accordance with the report, BCCI’s whole earnings from IPL 2023 was Rs 11,769 crore, a 78 per cent year-on-year improve. The expenditure additionally elevated 66 per cent to Rs 6648 crore, in line with BCCI’s annual report for 2022-23. 

A brand new media rights and sponsorship offers had been the rationale behind the expansion, mentioned the report. The brand new media rights deal is value Rs 48,390 crore for the 2023-27 cycle. It began with the IPL 2023. 

The IPL TV rights had been secured by Disney Star in 2021 for Rs 23,575 crore (for 2023-27). The digital rights went to Jio Cinema for Rs 23,758 crore. The IPL title rights had been offered to Tata sons for Rs 2500 crore.  

In the meantime, the Indian group won’t journey to Pakistan for the ICC Champions Trophy 2025 and can ask the Worldwide Cricket Council to carry its matches in Sri Lanka or Dubai, a BCCI supply instructed ANI. The ICC Champions Trophy might be held subsequent yr from February to March 2025 in Pakistan. Since 2008’s Asia Cup, India has not performed any cricket tournaments in Pakistan resulting from tense relationships between each nations. A bilateral sequence from December 2012 to January 2013 in India additionally marked the ultimate bilateral sequence between the 2 nations. Since then, each nations have solely clashed at ICC tournaments and the Asia Cup.

Uncertainty has been looming over India’s participation within the upcoming occasion because of the relationship between the 2 international locations.

The Pakistan Cricket Board had proposed to India to play all its matches in a single metropolis. ESPNcricinfo had reported that Lahore was chosen as the placement the place India would play all of their matches. Nonetheless, the Indian board is just not within the prospect of travelling to Pakistan.

Whereas addressing India’s participation within the BCCI supply, instructed ANI, “India won’t journey to Pakistan for the Champions Trophy 2025. Will inform ICC to carry its matches in Dubai or Sri Lanka.”