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Fab 4 of Indian cricket to get one-time benefit of Rs 1.5 crore each

Indian cricket’s former legends Sachin Tendulkar, Rahul Dravid, Sourav Ganguly and VVS Laxman – will get a one-time benefit of Rs 1.5 crore, according to reports. The decision was taken in BCCI’s finance committee’s meeting on Thursday in Chennai.

The fab four will be given the sum by the BCCI for their immense contribution to Indian cricket.

The BCCI is also planning to introduce a gradation system for women cricketers and the salary of junior cricketers is expected to be increased.

However, all the members didn’t agree with the proposal and they have been asked to come forward with something concrete in the next meeting to address the issue.

Due to the legal expenses skyrocketing in the past two years, the finance committee decided that infrastructure subsidy to tune of Rs.50 crore granted to the affiliated state associations will not be increased to Rs.75 crore as was proposed for the year.

The BCCI’s profit has come down in the last two years and subsequently the players’ income, too, has come down. There was a proposal to fix the players’ income so that they don’t suffer even if the board doesn’t make enough profits.

According to reports, the Board of Control for Cricket in India’s (BCCI) financial committee headed by Jyotiraditya Scindia slammed IPL franchise Chennai Super Kings’ valuation of Rs.5 lakh and said that the team has cheated the board.

In a board meeting on Thursday, CSK’s valuation was discussed and the panel has promised of action by early next week. On Thursday it was also learnt that the BCCI expenditure on legal matters in the last two years went up to Rs.56 crore.

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