BCCI to save $200m in taxes for 3 ICC events In 2024-31 cycle | Cricket News

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NEW DELHI: World cricket is headed to the US of America. The Worldwide Cricket Council (ICC) on Tuesday awarded the internet hosting rights of the T20 World Cup in 2024 to West Indies and USA. Namibia can even get to play co-host with South Africa and Zimbabwe for the 2027 ODI World Cup. The transfer may agency up ICC’s bid to get cricket into the Olympics for the 2028 Los Angeles Video games.
The Indian cricket board (BCCI) has managed to amass rights of three occasions — 2026 T20 World Cup (with Sri Lanka), 2029 Champions Trophy and 2031 ODI World Cup (with Bangladesh). BCCI additionally discovered a option to save round USD 200 million as ICC determined to bear the tax exemption denied by the Indian authorities.
Pakistan will get to host an ICC occasion after 29 years with the Champion Trophy 2025. The 2009 Champions Trophy was moved in another country to South Africa for safety causes.
USA has hosted some T20I matches between India and West Indies at Fort Lauderdale in 2016 and 2019. Nevertheless, this will probably be a significant increase for USA cricket as their nationwide crew will get a direct entry into the event. However Namibia must undergo qualification as a result of solely full members of ICC get computerized qualification within the ODI World Cup.
“The hosts had been chosen by way of a aggressive bidding course of overseen by a board sub-committee chaired by Martin Snedden (NZC chairman) together with Sourav Ganguly (BCCI president) and Ricky Skerritt (CWI president),” an ICC assertion stated.
TAX RELIEF FOR BCCI
In one other large growth, BCCI has acquired a significant aid with the ICC agreeing to bear the tax burden of the Indian boardwhich doesn’t get the . 10 per cent tax exemption from the Indian authorities. The ICC will bear the damages for the three ICC occasions allotted to India within the 2024-2031 cycle.
TOI understands this may assist BCCI save not less than US$200 million (RS 1500 crore) over the course of three ICC occasions. The board is slated to incur a lack of round $100 million (Rs 750 crore) for internet hosting the 2016 T20 World Cup and the 2023 ODI World Cup. The loss may have swelled to $150 million if the latest T20 World Cup was performed in India and never UAE.
In keeping with sources, BCCI president Sourav Ganguly and secretary Jay Shah introduced up the problem within the ICC board assembly and claimed it was unfair on BCCI to lose out on such an enormous quantity for no fault of theirs. “Each different cricket board will get tax exemptions from their authorities. However BCCI can’t count on the central authorities to bend its legal guidelines for us. Therefore, all of the members felt that the ICC ought to bear the damages. Anyway, BCCI generates the heaviest revenues by internet hosting occasions in India. The BCCI is not going to should endure any cuts from the ICC’s income pool,” a high BCCI official advised TOI on Tuesday.
Ganguly replaces Kumble as technical committee chair
In one other growth, Ganguly has been elected because the chairman of the ICC’s technical committee after Anil Kumble accomplished 9 years within the submit. Ganguly has been elevated from being the observer within the committee. The technical committee oversees the enjoying situations and rules of the sport.

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