BCCI set to earn USD 12 million profit from T20 World Cup 2021

Despite the fact that the T20 World Cup will not be held in India in 2021, the Board of Control for Cricket in India (BCCI) is expected to profit handsomely from the tournament. The global event will begin on October 17, with matches taking place in the United Arab Emirates and Oman. Previously, India was the host country but due to the COVID-19 problem in the country, the focus has switched to the Gulf countries.

For hosting 39 games in Abu Dhabi, Sharjah, and Dubai, the Emirates Cricket Board (ECB) will get USD 7 million. For hosting six preliminary matches of the competition in Muscat, Oman Cricket (OC) will get a fee of USD 400,000. BCCI will benefit from a USD 12 million surplus as the global championship’s authorised hosts.

BCCI allegedly sent Apex Council members a detailed email informing them of the cost specifics. “The BCCI will pay the ECB a set fee of USD 1.5 million (from our host fee of USD 13.5 million) and ICC will cover the operational costs of USD 5.5 million. A total sum of USD 7 million is due. According to the email obtained by Cricbuzz, BCCI is paying OC a fixed price of USD 400,000.

The BCCI also stated that the competition was moved to the Arab nations because of the players’ health and well-being. Despite this, the Indian board has sent teams to the venues to supervise the event’s preparations.

Meanwhile, the Indian Premier League (IPL) 2021 is starting in the United Arab Emirates. The tournament will be completed on October 15, with the T20 World Cup starting a few days later. T20 has recently become a fan-favorite format, thus fans could expect to see some great matches during the competition.