Join 24/7 Cricket News For More Updates
Tariq Engineer
September 19, 2011
The BCCI has a surplus of 1.89 billion dollars ($ 39,680,000) Rs for the year ended March 31, 2011, an increase of 200% over the previous year. IPL 2010 was the largest gold mine for the board, creating a surplus of 1.19 billion rupees (24.90 million), a reversal of the loss of Rs 419 million (8.77 million dollars), published in the league in 2009 and more than 10 times the budget target of 115.60 million BCCI (2.41 million), R, according to the annual report of the board.
Twenty20 Champions League 2010 has been another major to finance the board, giving a surplus of R 482.91 million (10.11 million), up 23% over the previous year. According to the report of the BCCI, the Board is currently worth R 25.31 billion (529.50 million dollars).
In total, the Board reported revenues of Rs 8.68 billion ($ 181,590,000), 2% over the previous year, of which R 3.89 billion ($ 81.38 million) came from the rights of the media. Visitors from India and outside the home have also been lucrative, with the league table of Rs 1.94 billion (40.59 million dollars) that the state of India as the No 1 test team meant they were a big draw in which he played. India is also the biggest market for cricket, which has helped to attract sponsors. Distributions of the International Criminal Court was 238.13 million rupees (4.98 million), about 6% between 2009 and 10.
The government has set up four academies experienced during the year. Spin bowlers Academy was founded in Chennai, Mumbai batsmen and wicketkeeper Academy, the pace bowlers Academy, Mohali and Nagpur Referees Academy. The total cost to set up academies was Rs 90 million ($ 1,880,000).
The BCCI has spent 4.90 billion dollars (102.51 million dollars) Rs on hosting tournaments, by far the biggest expense. Share of gross turnover of players was Rs 212.20000000 ($ 4,440,000), with 53% of the previous year. This number does not include the bonus for winning the 2011 World Cup, however, amounting to Rs 367.50000000 ($ 7,690,000) allocated to the team, support staff and selectors. Expenditures totaled Rs 73.70000000 Coaching ($ 1,540,000), up 26.13% from the previous year.
The Board also decided to remove the R 466 million (9.75 million euros) they claimed was owed by the former president Jagmohan Dalmiya in the light of its decision to drop their case against him at the AGM last year. He also paid R 131.1 million (2.74 million) for Rajasthan Royals as compensation for the cancellation of the Champions League in 2008.
Bookmark and Share This Post :
0 comments:
Post a Comment