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Rs 1968 Crore Not Enough! Ravi Shastri Demands Bigger Cut Of ICC Revenues For India
@Source: news18.com
Ravi Shastri believes India getting the highest share of the International Cricket Council (ICC)’s revenues is ‘only fair’, adding that the BCCI won’t be wrong to ask for an even bigger share. The former head coach and captain said that the revenue share should be relative to the income generated, which the Indians do the most.
India will get 38.5 percent of ICC’s total revenue, around Rs. 1,968 crore annually for the 2024-27 cycle. That’s six times more than the second-highest earlier England and Wales Cricket Board (ECB)’s 6.89 percent and Cricket Australia (CA)’s 6.25 percent share — as per the world body’s distribution model. The remaining 12 percent of the revenue is distributed among nine other nations — which has always been a contentious subject in the wider sporting world.
However, Shastri feels that this has been done for years by the largest economies.
“I would want more for India because most of the money that’s generated comes from India,” Shastri said in an interview with Wisden. “So it’s only fair that they get their share of pound of flesh. It’s relative, it’s economies, if tomorrow there might be another economy that’s stronger. Money might come from there like it did in the 70s, 80s and the chunk of the money went to, went somewhere else. So I think it’s only fair and, it just shows in the revenues when India travel, look at the television rights, look at the television income that comes for an India series. So it’s only fair that they get. Whatever they’re getting now, if not more,” he added.
Several boards have been unhappy with the distribution, too, for they feel it hinders the growth of the game outside the Big Three. The Pakistan Cricket Board (PCB) was the only one that publicly criticised it immediately after it came out in 2023, while claiming that other Test-playing nations felt the same.
“We are insisting that the ICC should tell us how these figures were arrived at,” then PCB supremo Najam Sethi told Reuters. “We are not happy with the situation as it stands. Come June, when the board is expected to approve the financial model, unless these details are provided to us, we are not going to approve it.”
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