BCCI Announce Major Profits
By Community | September 25, 2012
Board of Control for Cricket in India has surpassed all the expectations and registered a whooping profit for the year 2011-12.
BCCI net profits for this year alone were a massive Rs. 192.63 crore a rise of 101.53 per cent from the previous year (2010-11).
BCCI had estimated a surplus of Rs. 296.31 crore ($55.41 million) for 2011-12, asthma but by the end of the year the cricket board had amassed a staggering amount of Rs 382.36 crore ($71.5 million).
According to reports published in Indiatoday.com, medstore the main source of BCCI income is media rights, sponsorship rights and receipts from ICC and ACC. The Board recently awarded crores of rupees to veteran cricketers. BCCI is the richest cricket board in the world.