Financial services firm Deloitte has stated that Board of Control for Cricket in India‘s (BCCI) gross revenue does not include the money generated by the IPL — an assessment that undercuts former coach Anil Kumble’s suggestion. He had, earlier this year, stated that players’ share of the pie should be 26 per cent of all board income including the league revenues. A BCCI source supported Deloitte in this matter and stated that players are already garnering huge amounts from their respective franchises and cannot be paid twice.
“Players Eligible Revenue Share is computed based on the Net Eligible Revenue (NER) earned by the Board. Net Eligible Revenue represents: The Total Income Earned by the Board in each financial year (April to March), excluding the revenues/surplus earned from IPL and other one-off tournaments organized by the Board, Interest and Other Income earned by the Board,” the Deloitte manual defined.
It said that the NER is reduced by “Production Costs relating to Media Rights on International Matches” and “Amounts Due to Associations for the relevant financial year charged to the Income & Expenditure Account”. There’s no ambiguity. Deloitte hasn’t changed the gross revenue definition. The IPL is a separate vertical. Players are making huge contributions, but they are being adequately paid through their franchises for that. And you can’t be paid twice for the same thing,” a BCCI functionary told Indian Express.
“The difference between the two models (Kumble and Deloitte) is that Kumble has taken the complete top-line number based on the (BCCI) annual report. While the correct number is the revenue, where the players have their direct contributions. To implement Kumble’s presentation in toto, the BCCI would be in a loss of Rs 200-250 crore. That’s not a practical way of doing it. Deloitte knows all the numbers and their document is principles-based,” he added.
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