MUMBAI: Financial services firm Deloitte has stated that when computing share of revenues for players from income generated by Board of Control for Cricket in India, P&L's from the BCCI's cash cow - Indian Premier League — cannot be included.
“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 has defined.
The manual, accessed by Indian Express, states further 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 the daily.
The Deloitte manual has broken the players’ revenue share as 13% for international cricketers, 10.40% for senior domestic cricketers, 1.60% for junior domestic cricketers and 1% for women cricketers. In addition to that, 1% has been reserved for players’ association to be formed through a steering committee as per the Lodha Committee recommendation accepted by the Supreme Court.
With an eye to professionalise the whole structure, Deloitte has proposed an end to ad hoc payments even for performance-related incentives. The BCCI has been advised to put aside an additional 3% of the NER to reward “superlative performance of the players under various categories”, to be distributed “as per the directions of the apex council”.
Another 10% of the NER has been earmarked for rankings. Deloitte has proposed an additional 5% for Virat Kohli and Co if they finish the season as the No.1 Test team in the world, while for finishing at No.2 the quantum suggested is 3%, Express reports. For ODIs, the proposed revenue share for finishing No.1 and No.2 is 3% and 2% respectively, while for T20 internationals, the figures advised are 2% and 1% respectively.
It needs noting however that the Deloitte manual is just a working document that has been sent to the BCCI office-bearers by the Supreme Court appointed Committee of Adminstrators. The final approval still has to come from the Indian cricket board general body.