Home»Sports»Off The Field»World's Richest Cricket Board BCCI To Get Richer As Almost All Major Boards Owe It Money

Windfall in view as BCCI begins sending collection reminders to other boards

Dailybhaskar.com   |  Aug 10, 2013, 18:45PM IST
New Delhi: World’s richest cricket board is set to grow richer, with reports suggesting that all major cricket boards of the world, barring New Zealand Cricket, owe it money. The BCCI is expecting payments to the tune of Rs 5 crore, and is in the process of sending reminders to foreign boards, asking them to report about their payment dues before the Indian board prepares its balance sheet ahead of its annual general body meeting to be held in September in Mumbai.
 
 
The BCCI is owed USD 2410 from CBFS (Cricketers Benefit Fund Series) Sharjah for India took part in Coca-Cola Champion Trophy in October 2000. The Zimbabwe Cricket Union is still to pay the BCCI nearly 18 lakh from India's tours in 2004 and 2006. Even the Singapore Cricket Association owes the BCCI around Rs 2 lakh.
 
 
Until 2010, the Pakistan Cricket board had not made payments worth Rs 94,40,233 in addition to which the Indian board is also waiting for payments of Rs 28,93,132 from 2011-2013 from when the two countries played two bilateral series.
 
 
"These payments will be charged depending on the particular year's exchange rate in the country. There is no point by asking them to pay in today's exchange rates," a source in the BCCI said.
 
 
Other major boards like Cricket Australia (Rs 15,40,382), England and Wales Cricket Board (Rs 37,13,314 upto 2010 and Rs 20,28,771 for 2011-2013) are also among the list of debtors.
 
 
The WICB owes payment of Rs 1.62 Cr whereas Sri Lanka Cricket Board has to pay nearly Rs 45 lakh. For allowing South Africa to host IPL-2 and later Champions League T20, the CSA owes the BCCI Rs 30,51,985 till date.
 
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