Agencies
While many major cricketing nations incurred financial losses as a result of the Covid-19 outbreak, Bangladesh Cricket Board president Nazmul Hasan Papon stated that the board was one of the few to suffer just minor consequences.
According to the BCB boss, the country's cricket governing body has experienced a rise in revenue.
“The board funds increased and this has been due to its earning. All our sponsors are from the local market, none is from outside Bangladesh. We earn very less [compared to the other cricket boards] but still we have been able to create an FDR [fixed deposit receipt] of Tk 900 crore in the last two terms,” said Nazmul to the media Saturday.
The sale of television rights, sponsorships, international series, and tournaments are the main sources of revenue for BCB. It also benefits when the national team does well in International Cricket Council and Asian Cricket Council competitions.
The Bangladesh Premier League, a profitable local T20 tournament, also brings in a lot of money for the board. The earnings from the FDR cover the majority of the company's expenses, according to Papon.
The BCB had supported 23 sports organizations of the country affected by the Covid-19 pandemic last year with Tk50 lakhs.
Papon also hopes to get the same amount of money from the International Cricket Council (ICC) as Australia by 2023. He believes BCB will be more financially benefited after two years and break the pact of influential top 3 boards in ICC.
"Many people think that where does the BCB get so much money now, where does it come from? We still get the same amount of money that the ICC used to provide. It will be increased in the future. We will get a lot more money from 2023," said Papon.
The president of BCB believes If the board can carry out this plan, it will be BCB's most significant diplomatic success. Aside from that, the BCB has gotten the same amount of money as it has for the past eight years in the ICC cycle.
"The proportion of money that has been given to us is not the right amount. I challenged them but I couldn't figure out that we had been into their 8-year cycle. From 2023, Bangladesh will get the same amount as Australia,” he said.
The president said the BCB has so far deposited around Tk 900 crore for the national teams.
“Previously, the cricket coaching staff had only one head coach. For the national team, we now have a fielding coach, a bowling coach, a batting coach, a head coach, and trainers. Then came the HP team, the women's team, now the under-19 team also has foreigners (coaches).
“You have to understand how much the expense of the BCB has increased, and whether our players get benefits, it has gone at least tenfold,” he added.
