ICC’s new revenue-distribution model ready, Pakistan to become fourth highest-earner
India will be the highest earner
The International Cricket Council (ICC) has proposed a new revenue-distribution model which could make Pakistan the fourth-highest earner in the cricketing world.
Pakistan will get 5.75 percent of the total revenue earned by the ICC, which would make around $34.51 million yearly.
However, according to the newly proposed model, the Board of Control for Cricket in India (BCCI) will get the lion’s share of ICC’s earnings.
As per the sources, BCCI will get 38.5 percent of the total revenue earned by ICC, which would make around US$ 230 million per year.
The England Cricket Board (ECB) and Cricket Australia (CA) will get 6.89 and 6.25 percent, which would make around $41 and 37.35 million per year respectively.
The earnings of the remaining eight Full Members fall below 5% with New Zealand, West Indies, Sri Lanka, Bangladesh, South Africa, Ireland, Zimbabwe and Afghanistan completing the standings in that order.
ICC Full Members will receive 88.81 percent of the annual earnings, while Associate Members will receive 11.19 percent. Making around $532.84 million to full members and $67.16 million to associate members.
As the ICC Cricket World Cup will take place this year, the revenue is expected to increase even more
Earlier, the Bangladesh Cricket Board (BCB) and Sri Lanka Cricket (SLC) turned down Pakistan Cricket Board (PCB)’s hybrid model for the Asia Cup 2023 due to logistical challenges and extreme heat in the United Arab Emirates (UAE).
According to the hybrid model, India was supposed to play all their games in the UAE, with the rest of the event played out in Pakistan in September this year.
It must be noted that BCCI has refused to send their team to Pakistan for the Asia Cup and is keen on ensuring that the event is held at a neutral venue. However, the PCB is not keen on hosting the event outside Pakistan since it would affect its efforts with regard to the return of international cricket in the country.
The BCCI is also unlikely to accept the hybrid model proposed by the PCB, which would have given India the option to play their matches at a neutral venue.
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