What Is ICC's Net Worth In 2024?
As of 2024, the exact net worth of the International Cricket Council (ICC) is not publicly disclosed, making it difficult to provide a precise figure. However, analysing its financial performance and revenue sources can provide some insights into its estimated worth.
The ICC has seen significant revenue growth in recent years, with reported revenues reaching approximately $596 million in 2023 and generating a net income of $208 million in the same year. Given these financial figures, along with its various income streams—such as broadcasting rights, sponsorship deals, event hosting, and member subscriptions—it's reasonable to estimate that the ICC's net worth could range from the hundreds of millions to potentially over a billion dollars.
The organisation's financial success relies heavily on its major international tournaments, which attract global audiences and generate substantial income. Additionally, the ICC's tax-friendly environment in Dubai allows it to maintain a more favourable financial position compared to many governing bodies located in jurisdictions with higher tax obligations.
While the ICC is a significant entity in the cricket world, it is important to note that it does not surpass the Board of Control for Cricket in India (BCCI) in terms of wealth. The BCCI remains the richest cricket governing body globally, with substantially more revenue and financial reserves than the ICC.
07 September 2024, 12:30