Mumbai: The ICC has come up with a new proposal in which the T-20 World Cup is to be held every year and the 50-over World Cup once in three years. The ICC intends to enter the global media rights market for the period 2023-2028. So that it gets a bigger share of the revenue from potential broadcasters like Star Sports. This will be a big challenge before the BCCI. The ICC's proposed future tours program (FTP) may have an adverse impact on BCCI's revenue.
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The FTP is the calendar that the ICC and member countries set aside for a period of five years. Under this, bilateral and multinational tournaments are played. The proposed draft for the period after 2023 was recently discussed at the ICC Chief Executive meeting. BCCI CEO Rahul Johri clearly said in an email to ICC CEO Manu Sawhney that the decision would not be correct for several reasons. A senior official of the board said that after the elections are held, the board will now take strict steps in this matter.
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Star Sports or Sony TV, radio, digital broadcasting rights have a budget of 100 million rupees. The ICC and BCCI are the two major parties in this. The BCCI has IPL and bilateral series (other than Pakistan). It is exciting to have the T20 World Cup every year and if the ICC reaches the market first then the bulk of the revenue will go to its account. If so, BCCI will have only Rs 40 crore left when it hits the market.
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