According to a report, the BCCI’s cash and bank balance now stands at Rs 20,686 crore after strengthening its coffers by Rs 14,627 crore over the previous five years, including Rs 4,193 crore in the last financial year alone.
According to a report in ‘Cricbuzz’, the general fund nearly doubled from Rs 3,906 crore in 2019 to Rs 7,988 crore in 2024, based on numbers given with state associations. This increase was recorded after all dues to state units were paid.
The report states that the statement of accounts presented at the 2024 AGM is as follows: “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.”
Along with defending the issue in courts and tribunals, it added that the BCCI continues to set aside enormous sums for tax bills, including Rs 3,150 crore for FY 2023–2024.
“The BCCI has provisioned INR 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.
Due to greater returns on deposits, investment income increased to Rs 986.45 crore from Rs 533.05 crore, but gross media rights income decreased to Rs 813.14 crore from Rs 2,524.80 crore as a result of fewer home internationals.
According to the report, the BCCI reported a surplus of Rs 1,623.08 crore for 2023–24, up from Rs 1,167.99 crore the year before, helped by IPL earnings and ICC distributions.
The BCCI set aside Rs 5,200 crore for cricket development, Rs 1,200 crore for infrastructure development, and Rs 350 crore for the Platinum Jubilee Benevolent Fund in 2023–2024.
According to the study, state associations received Rs 1,990.18 crore, while the current year is expected to see Rs 2,013.97 crore.
According to the report, the numbers will be formally presented on September 28 at the BCCI’s Annual General Meeting.
