The Board of Control for Cricket in India (BCCI) has established itself as a dominant financial entity, with its resources growing at an exceptional rate. As of September 2024, the Board’s bank balance reached INR 20,686 crore, a remarkable jump from INR 6,059 crore in 2019, despite significant funds being allocated to state cricket associations.

Impressive Financial Growth

Over the past five years, the BCCI has added INR 14,627 crore to its reserves, with an impressive INR 4,193 crore growth recorded in the latest financial year. Additionally, the general fund expanded from INR 3,906 crore in 2019 to INR 7,988 crore in 2023-24, reflecting a growth of INR 4,082 crore during this period.

Despite the common belief that the BCCI does not pay income tax, the most recent financial report revealed that INR 3,150 crore was allocated for tax liabilities in FY 2023-24, even as it continues to pursue legal appeals.

Revenue Sources and Key Growth Factors

The surplus from IPL 2023 and distributions from the ICC played a significant role in boosting the overall surplus. Income from interest on deposits nearly doubled to INR 986.45 crore, driven by improved returns from nationalised and private banks. However, media rights income saw a sharp decline, dropping 68%, largely due to fewer international home matches in 2023-24 compared to the packed calendar in 2022-23.

Investment in Infrastructure and Player Support

The BCCI has made key investments in long-term growth, including:

INR 1,200 crore towards the Infrastructure Development Fund

INR 350 crore allocated to the Platinum Jubilee Benevolent Fund

INR 500 crore invested in the Cricket Development Fund

Additionally, in FY 2023-24, the BCCI allocated INR 1,990.18 crore to state associations, with a planned INR 2,013.97 crore earmarked for 2024-25. Despite a decline in media rights income, the BCCI’s financial position has grown even stronger, ensuring that Indian cricket is backed by exceptional financial security.