BCCI to get USD 405 million from ICC, Eng next at 139 million

Agencies
June 22, 2017

New Delhi, Jun 22: The BCCI will be getting USD 405 million as per the International Cricket Council's revenue sharing model, which was agreed during the apex body's annual conference in London.

cricket

Originally, the ICC had agreed to give USD 293 million but, after hectic negotiations, its chairman Shashank Manohar agreed to increase it by USD 100 million.

Finally, it was decided that USD 112 million more will be given to BCCI from the previously agreed amount.

India is getting USD 266 million more than England, which will take home USD 139 million.

Australia, Pakistan, West Indies, New Zealand, Sri Lanka and Bangladesh are getting USD 128 million each. Zimbabwe will get USD 94 million.

The revenue sharing model has been a bone of contention for BCCI as the world's most influential cricket board had demanded USD 570 million, which was unacceptable to Manohar, himself a two-time former Board president.

A Indian Cricket Board official told PTI that "the BCCI has agreed to the terms and conditions".

The BCCI, in fact, lost 1-13 when it was brought to vote at an earlier meeting.However, BCCI is still getting 22.8 percent out of total revenue sharing of USD 1536 million.

The ECB gets 7.8 percent while the other boards are getting 7.2 percent. Zimbabwe is getting 5.3 percent.

While more than 86 percent is given to Full Members, the remaining is shared between the ICC's Associate Members.

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News Network
March 27,2024

IPLbettingsuicide.jpg

Bengaluru: Darshan Babu is an engineer who is fond of betting on cricket matches and has been placing major bets on Indian Premier League (IPL) games since 2021. He often borrows money after losing a bet, or to place one when he is short on funds. His 23-year-old wife, tired of the constant harassment by creditors, died by suicide.

Ranjitha was found hanging at her home in Karnataka's Chitradurga on March 18. According to the family, Darshan had racked up a debt of over Rs 1 crore.

He worked as an assistant engineer in the Minor Irrigation Department at Hosadurga and had been ensnared in the realm of IPL betting from 2021 to 2023. This took a major toll on the couple's finances. Allegedly, he had borrowed over Rs 1.5 crore to place bets after his luck ran out and he lost all his money. While he managed to return Rs 1 crore, cops say that he still has a pending loan of ₹ 84 lakh.

Ranjitha married Darshan in 2020. She realised the truth about Darshan's involvement in betting in 2021, claims her father Venkatesh.

In his complaint, Venkatesh said that his daughter was extremely distressed due to the constant harassment by moneylenders and this led to her suicide. He has also named 13 men who had allegedly lent the money.

He said that his son-in-law was lured into betting with a promise of quick money.

"He (Darshan) was not willing to get into betting, but the suspects forced him saying it was an easy way to get rich. They promised to finance his betting activities against some blank cheques as security," he said.

Cops during their investigation found a suicide note, where she detailed the harassment they faced. Darshan and Ranjitha have a two-year-old son.

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