Cricket News By TODAYLIVESCORE.INFO - BCCI estimated to earn USD 12 million profit from T20 WC. UAE 39 matches while six matches of the 2021 T20 WC will be played in Oman
UAE 39 matches while six matches of the 2021 T20 WC will be played in Oman
The Emirates Cricket Board (ECB) will get USD 7 million for hosting 39 games in the United Arab Emirates and Oman Cricket (OC) will be paid a hosting fee of USD 400,000 for staging six first round games of the T20 WC in Muscat over the next 50 days while the Board of Control for Cricket in India (BCCI), the designated hosts of the global championship, will have a surplus of USD 12 million. This is according to a BCCI estimate that it informed its Apex Council members about recently.
In a detailed email to the Apex Council members recently, the BCCI said that of the USD 7 million fee to the ECB, USD 1.5 million is for hosting, USD 5.5 million is the cost for operation and USD 400,000 is the operational cost for the six games in Muscat. The BCCI has given away the ticketing rights of the tournament in UAE and Oman to ECB and OC and expects a good turnout during the 33-day event.
The BCCI has also informed the members in the recent Apex Council meeting that its own surplus will be USD 12 million, although the whole cost of hosting the tournament is USD 25 million less than next year's T20 WC in Australia.
As per the email, seen by Cricbuzz: “The BCCI is hosting a major part of this event in UAE, i.e in Dubai, Abu Dhabi & Sharjah. The BCCI is working with the ECB on similar lines. Some of the key pointer's w.r.t BCCI's arrangement with ECB is as follows:
1. BCCI is paying ECB a fixed fee of USD 1.5 million (from our host fee of USD 13.5 Million) and operational costs of USD 5.5 million which will be covered by ICC. Total fee payable is USD 7 millon.
2. All operational deliverables w.r.t ICC's requirements will be provided by the ECB
3. BCCI has transferred its ticketing rights to the ECB and all revenues generated out of sale of match tickets will be retained by the ECB
4. A Local Organizing Committee (LOC) for delivery of this event has been constituted which mainly include staff from BCCI and a few staff from ECB.”
The email further notes: “The BCCI is hosting 6 matches in Muscat. Some of the key pointer's w.r.t BCCI's arrangement with ECB is as follows:
1. BCCI is paying OC a fixed fee of USD 400,000.
2. All operational deliverables w.r.t ICC's requirements will be provided by the OC
3. BCCI has transferred its ticketing rights to the OC and all revenues generated out of sale of match tickets will be retained by the OC.
4. The BCCI has deployed a team from its LOC in Muscat to oversee the preparation for the event.”
The BCCI has also contended that the move to shift the tournament to the middle east was in view of the safety and security of the players. “The BCCI discussed the hosting issues with the ICC and had several rounds of deliberations internally. After much thought, it was decided that the safety of players and other stakeholders is of paramount importance and keeping that in mind, it was best to shift the event to the United Arab Emirates and Oman,” the BCCI secretary Jay Shah wrote in the email.