The Indian Cricket Board (BCCI) might be going through some temporary sponsorship trouble, but it has steadily strengthened its coffers by Rs 14,627 crore over the past five years. In 2023–24 alone, the board made Rs 4,193 crore, taking its cash and bank balance to Rs 20,686 crore.
The rise, recorded after disbursing all dues to state units, has seen the general fund almost double from Rs 3,906 crore in 2019 to Rs 7,988 crore in 2024, as per the figures shared with state associations.
The Indian Cricket Board is one of the most powerful sporting organisations in the world and takes on the massive task of sustaining the cricketing ecosystem in the country. The BCCI in recent years has started focusing on a lot of youth tournaments to provide overseas exposure for youngsters.
The statement of accounts submitted at the 2024 AGM reads:
“Honorary Secretary apprised the members that since 2019, the cash and bank balance of BCCI has increased from Rs 6,059 crore, which was before disbursing any amount to the state cricket associations, to Rs 20,686 crore, which is after disbursing all amounts owed to the state cricket associations.
Therefore, since 2019, BCCI has added Rs 14,627 crore in the last five years. This is an increase of Rs 4,193 crore since the last financial year. Further, since 2019, the general fund too has increased from Rs 3,906 crore to Rs 7,988 crore, which is an increase of Rs 4,082 crore.”
It further stated that the BCCI continues to set aside huge sums for tax liabilities, provisioning Rs 3,150 crore for FY 2023–24 while contesting the matter in courts and tribunals.
“The BCCI has provisioned Rs 3,150 crore towards income tax obligations for FY 2023–24. While BCCI is on the right track before the courts and tribunals, it has still made provisions towards paying any obligations that may arise towards tax,” said the report.
