Prize money for 2023 ICC CWC: BCB denies any delay in payment

The 2023 ICC Men’s ODI Cricket World Cup prize money was not delayed, as the Bangladesh Cricket Board denied delays in disbursement on Tuesday. The BCB released a statement in response to media claims made by its councilor Debabrata Paul, who also serves as the general secretary of the Cricket Welfare Association of Bangladesh, that the Board has not yet given the national cricket players their prize money for the global event.

“The BCB would like to clarify that the delay is not deliberate or due to any negligence on the part of the Board. Prize money for major International Cricket Council (ICC) events, such as the ICC Men’s Cricket World Cup, is typically received within a few months following the tournament’s conclusion,” BCB said in a statement on Tuesday.

“The ICC Men’s Cricket World Cup 2023 concluded in November 2023, and the BCB promptly submitted the necessary invoice to the ICC. However, due to taxation formalities and compliance issues, the disbursement process has encountered delays. These are administrative hurdles that have impacted not only the BCB but also other participating countries. To expedite the procedure, the BCB appointed renowned international accounting firm Deloitte Haskins & Sells LLP in India which processed the relevant applications of all the Bangladesh players who participated in the World Cup,” it said.

“We have been informed that these formalities have only recently been completed and that the prize money is expected to be credited to the BCB in the coming weeks,” added in the statement.

“The BCB strongly refutes the untrue remarks made by the concerned councilor and vehemently protests the insinuations of malpractice against the Board and its officials on this matter. Such allegations are baseless and undermine the integrity of the BCB’s operations.”

Bangladesh did not enjoy a very good World Cup in India last year. They were knocked out of the league stage, being able to win just 2 out of their 9 games and finishing 8th on the points table. They however managed to qualify for the Champions Trophy finishing just above their fierce rivals Sri Lanka.

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