The bcci is the most wealthy cricket board...
Regarding its revenue structure, cricket in india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>the board of control for cricket in india has also made a lot of news in recent years. In the same year, India's minister of State for Finance, Pankaj Chaudhary, stated in response to a question in the rajya sabha that the Board of cricket in india (BCCI) brought in over Rs 27,411 crore in revenue for the 2018–2022 fiscal year. A report states that bcci would have a $2.25 billion net worth in 2022. The international cricket Council (ICC), sponsorship, and media rights are how the Board of cricket in india (BCCI) makes money, according to the indian government.
The Finance Ministry states that in 2021–2022, bcci paid the government of india Rs. 1159.20 crore in taxes. This amount was 844.92 crores in 2020–21. Experts claim that bcci is the richest sporting organization, surpassing even FIFA. FIFA has a net value of $2.37 billion, which is marginally higher than the $2.25 billion of BCCI.
What is the power of BCCI?
The indian Board of Control for cricket is an independent body. The government rarely meddles with its financial and administrative rights. All significant decisions within the bcci are made by the Apex Council and General Body. Financial transaction audits are now required by its regulations. bcci posts its audit report online once a year. The sports Ministry has also placed bcci under the Right to Information Act of 2005.
Members at the state and national levels of bcci elect the organization's five major roles. A person is only allowed to occupy the same position for three consecutive terms under the Constitution. The fundamental power to take action against bcci is vested in the international cricket Council. If bcci breaks any rules, ICC has the authority to take action.
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