BCCI set to earn over Rs 2000-cr from IPL

Times of India
February 13, 2018

NEW DELHI, Feb 13: The Indian Premier League (IPL), which started as a sideshow by the Board of Control for Cricket in India (BCCI) in 2008, is now set to account for nearly 95 percent of the board’s surplus.

Captains-coaches meeting date advanced by BCCI

BCCI’s projections of its income and spending in the coming financial year suggest that the IPL will earn a surplus of Rs 2,017 crore, while the rest of the board’s operations - international fixtures as well as domestic - will contribute barely Rs 125 crore to its surplus.

Since IPL launch, BCCI has paid Rs 3,500cr in tax

What these projections mean is that BCCI will make 16 times more profit during the 45-day IPL window than it is likely to in the remaining 320 days of the year. This net surplus will accrue after BCCI’s expenditure on the game’s infrastructure and other heads, amounting to approximately Rs 1,272 crore against an income of Rs 3,413 crore.

In the current year, IPL is estimated to contribute 60 percent of BCCI’s overall surplus of a little under Rs 670 crore. Now, thanks to the five-year mega media rights deal worth Rs 16,347 crore with Star India, IPL is going to bring in a surplus of Rs 2017 crore as compared to Rs 400 crore in the last financial year. Keeping the surplus generated from the IPL aside, BCCI is likely to end up generating a surplus of Rs 125 crore out of its international calendar and domestic matches.

Thus, the net surplus of the board is projected to see a threefold increase from Rs 665 crore to 2,142 crore. The allocation ratio (IPL:BCCI) has changed to 80:20 from 52:48 due to change in revenue shares. This means BCCI’s establishment and administration expenses are likely to come down to Rs 19 crore from Rs 51crore.

Based on the Future Tours Programme, the board will see a marginal drop of Rs 5 crore in the surplus from the men’s team’s international tours, leading to a substantial drop of Rs 78 crore in income from media rights alone.

Interestingly, the projections indicate that the Indian team may not play any Test matches in New Zealand when they tour early next year after a gap of five years. India will play 12 Tests in the next financial year with only two Tests at home - against West Indies.

Income from media rights per international fixture - Tests, ODIs or T20Is - is billed at Rs 43.20 crore. India will play 10 international matches each in Australia and New Zealand in the coming financial year. They are slated to play four Tests, three ODIs and three T20Is in Australia, before flying out to New Zealand for five ODIs and five T20Is. The media rights agreement with Star is due for renewal in April 2018.

“There is a lot of risk of losing money in a five-day game starting at 3 am India time (in New Zealand). Anyway, it will be a World Cup year by the time India travel to New Zealand. India will be playing just white-ball cricket after the Tests in Australia get over till the World Cup in England arrives.

India will host Australia after they come back from New Zealand and will travel to Zimbabwe for three T20Is before the 2019 IPL,” a senior BCCI official in the know of things told TOI.

India played just two Tests and five One-Day Internationals last time when they visited New Zealand in 2014.

Supervised by the Supreme Court-appointed committee of administrators (CoA), the board had announced in December that it is keen on reducing the number of playing days without cutting down on the number of matches. Playing just the shorter formats in New Zealand could be a step in that direction.

BCCI CEO Rahul Johri had recently claimed that there would be ‘virtually no or very little’ international cricket during the IPL in the FTP from 2019. “The other boards understand the opportunity of the IPL. They all want their players to be available. In the FTP from 2019, there's virtually no or very little international cricket during that period in the calendar. Our endeavour is to overcome even that little international cricket. That is testimony to the strength of the IPL,” Johri had told TOI last month.

India A, junior, women and NCA programmes to be strengthened

The board is likely to double its expenditure budget on international tours for India A, junior and women. The board has plans to set aside Rs 48.5 crore for these tours with the women’s tours seeing an increase of Rs 9 crore.

BCCI also plans to increase camps and activities at the National Cricket Academy (NCA) by allocating Rs 50 crore as compared to Rs 26 crore last year. There is an increase of Rs 14 crore for conducting domestic matches as the BCCI plans to increase the number of domestic matches too. This could be because of the board’s endeavour to strengthen women’s and junior cricket.

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News Network
January 10,2020

Dubai, Jan 10: Iran denied on Thursday that a Ukrainian airliner that crashed near Tehran had been hit by a missile, Iranian government spokesman Ali Rabiei said in a statement, according to state TV.

"All these reports are a psychological warfare against Iran. All those countries whose citizens were aboard the plane can send representatives and we urge Boeing to send its representative to join the process of investigating the black box".

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News Network
January 31,2020

Wellington, Jan 31: A nervous New Zealand threw it away yet again as a perseverant India prevailed in the Super Over for the second successive time to take a 4-0 lead in the T20 International series on Friday.

Needing just 11 runs off the last two overs with seven wickets in hand, New Zealand dug a hole for themselves yet again, taking the game to a Super Over two nights after doing the same in Hamilton.

New Zealand managed 13 runs in six balls and India got there effortlessly.

KL Rahul smashed 10 runs off the first two balls before he was caught. Then, a fired-up Virat Kohli and Sanju Samson finished the game in style.

Earlier, Manish Pandey proved his value to the team with an unbeaten 50 off 35 balls, taking India to 165 for eight from 88 for six in the 12th over.

India's total wasn't enough considering the batting-friendly conditions but the hosts made life a lot tougher for themselves from a commanding position before succumbing to pressure.

The entertaining knocks from Colin Munro (64 off 47) and Time Seifert went in vain (57 off 39).

Mohammed Shami, who was rested on Friday, had bowled a brilliant 20th over on Wednesday and man of the match Shardul Thakur was up to the task this time, conceding just six runs when the opposition needed seven for victory.

With the series already in the bag, India gave opportunity to Sanju Samson, Washington Sundar and Navdeep Saini for the first time in the five-match series, resting Rohit Sharma, Ravindra Jadeja and Shami. However, none of them was able to make an impact in the game.

Chasing 165, New Zealand lost Martin Guptill early. But Munro and Seifert put on 74 runs for the second wicket to put themselves on track.

Munro scored a half-century of 38 deliveries, inclusive of six fours and three sixes. He was out against the run of play as Kohli's direct hit surprisingly found the target after a relay throw from the deep.

It was the turning point as New Zealand lost regular wickets. Yuzvendra Chahal bowled Tom Bruce (0), but Seifert found a partner in Ross Taylor as they pushed the score past 150 in the 18th over.

Seifert scored a half-century off 32 balls, including four fours and three sixes. But the great choke was yet to come again. Needing 18 off 18, the Black Caps lost four wickets in the last over bowled by Thakur.

Taylor holed out of the first ball, while Seifert was run out two balls later. Daryl Mitchell (4) was caught next and Mitchell Santner (2) couldn't steal two runs off the last ball as the sides engaged in a tie-breaker for the second game running.

This was after New Zealand won a fourth consecutive toss and opted to field. Kane Williamson didn't take part in the match owing to a shoulder niggle.

Tim Southee was the stand-in skipper, with the Black Caps making two changes.

Put in to bat, the visitors were struggling at 88-6 at one stage before Pandey's lonesome rescue act took them to a respectable total. KL Rahul contributed 39 runs off 26 balls, inclusive of three sixes and two fours.

Leg spinner Ish Sodhi got into the act and ran through India's batting order. First to go was Shreyas Iyer (1) and then Shivam Dube (12) was caught at mid-wicket.

Sodhi finished with 3-26 while Santner dismissed Sundar for nought as the New Zealand spinners rounded up a good outing with 4-54 in eight overs.

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News Network
January 7,2020

Mumbai, Jan 7: Against the backdrop of the attack on JNU students, the Shiv Sena on Tuesday hit out at Prime Minister Narendra Modi and Union Home Minister Amit Shah, alleging that what they wanted was happening, and said such "brutal politics" was never seen before in the country.

An editorial in Shiv Sena mouthpiece 'Saamana' further alleged that the BJP wanted to see "Hindu-Muslim riots" over the Citizenship Amendment Act, but that did not happen.

Since the BJP has been cornered over the issue of CAA, several things are happening out of "revenge", it said.

Comparing the attack on Jawaharlal Nehru University (JNU) students to the 26/11 Mumbai terror strikes, the Shiv Sena said: "divisive politics" was dangerous for the country.

It said the Union Home Ministry's decision to file cases against "unknown" attackers at JNU was laughable. "Those who entered JNU with masks are not unknown," it claimed.

On Sunday, a mob of masked young people stormed the Jawaharlal Nehru University (JNU) campus in south Delhi and targeted students in three hostels, unleashing mayhem with sticks, stones and iron rods, hitting inmates and breaking windows, furniture and personal belongings.

Nearly 34 people were injured in the violence.

"The fallout of JNU attack is being seen elsewhere in the country...what Modi and Shah want is happening. The country is in danger. Divisive politics is dangerous for the country," the Uddhav Thackeray-led party said.

Terrorists who attacked Mumbai on November 26, 2008, were also masked and the same was seen at JNU. Such elements need to be exposed, it said.

"Allowing blood stains in universities, colleges and beating up of students and indulging in politics over the burning situation...such brutal politics was never seen before," the Marathi publication said while terming the attack on JNU students as a "blot" on the law and order situation.

Lashing out at Amit Shah, the Sena said he his in Delhi and busy distributing official pamphlets door-to-door to promote the Citizenship Amendment Act.

There is "confusion and unrest" in the country over the new citizenship law, it pointed out.

"The BJP wanted to see Hindu-Muslim riots over the issue, but that did not happen. The nationwide protests are not being done by Muslims alone. Hindus will also be affected due to the new Act," the Shiv Sena said.

It said the BJP has been cornered over the CAA issue.

Since the prevailing situation is "BJP versus the rest", hence "out of revenge", several things are happening, the Marathi daily said, adding that "there is room for doubt if the JNU attack was part of the revenge."

The BJP has condemned the violence and said universities should stay away from politics, it noted.

"Who brought violence and politics in universities in the last five years? Who is implementing the policy of destroying those who don't agree with your ideology by use of power?" it asked.

Without taking any name, the Sena said those who call students opposing the CAA as anti-nationals, are themselves anti-national.

"When Amit Shah accuses Congress leaders Rahul Gandhi and Priyanka Gandhi of inciting violence, he admits that the Gandhi siblings have that much power to create mass awareness against a law brought in by the Centre and bring people to streets," the Sena said.

One cannot say if the Gandhi siblings incited violence, but one thing is sure that the Union Home Minister and his party are forced to distribute pamphlets to "clarify" on the new citizenship law, it said in sarcastic comments.

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