Chennai: The BCCI finance committee met in the city on Wednesday to intimate the members about various financial aspects during the current financial year. Sources suggest that BCCI’s profit from IPL 6 has been a whopping '385.36 crore compared to profits amounting to '174.73 crore in 2012 edition.
“The BCCI’s profit has increased by '210 crore approximately from IPL according to audited accounts. Also it has been noted that the affiliated units got something in the tune of '32 crore during last year. Mr Srinivasan also apprised the finance committee that he will pushing for a bigger share for India at the board meeting and will tomorrow take working committee’s approval,” a finance committee member was quoted as saying in PTI.
It was also learnt that BCCI has a tax burden of '550 crore as tax exemptions on cricket has been withdrawn. The board has appealed for a waiver in various tribunals and is awaiting the verdict.
The finance committe also approved medical bills of former India captain Ajit Wadekar amounting to '5.33 lakh. Former Bengal captain Manoj Tiwary’s medical expenses for treatment abroad was in excess of '26 lakh while Sachin Tendulkar and Praveen Kumar’s medical expenses are in the range of '3.55 lakh and '3.72 lakh respectively.
The committee also approved that secretary Sanjay Patel, Cricket Operations chief MV Sridhar, treasurer Anirudh Chaudhary, IPL CEO Sundar Raman will be allowed to use credit cards with credit limit of '10 lakh.
