ICC World Cup 2023 : The edition of the ICC World Cup 2023 is poised to commence on the 5th of October, with preparations reaching their denouement. Several teams have embarked on their journey to India, though a few yet remain undisclosed, an unveiling soon to be.
Meanwhile, the International Cricket Council (ICC) has unveiled the opulent bounty that awaits the triumphant squad this time around. It is a revelation indeed, for the team emerging as the World Cup champion shall bask in a pecuniary windfall surpassing even that of the prestigious Indian Premier League (IPL).
ICC has announced the prize money for the World Cup
The ICC’s announcement has bestowed upon the World Cup a prize fund of $10 million, equivalent to a staggering 83 crore rupees when converted to the Indian currency. The victors of this year’s World Cup shall be inundated with a copious monetary largesse, whilst a substantial sum remains earmarked for the runners-up.
The ICC Cricket World Cup 2023 has decreed a total allocation of US $10 million, with the victorious ensemble set to receive a princely sum of US $4 million, amounting to approximately Rs 33.18 lakh in the Indian currency. On the other hand, the unfortunate final contenders, the runners-up, shall be consoled with 2 million US dollars, translating to about 16.5 crore rupees.
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Each team will get this amount
Each participating contingent shall lay claim to this financial bounty. In the preliminary stage, all ten teams shall engage in a round-robin format, crossing paths with one another, with the top quartet in the standings progressing to the semi-final skirmishes.
Victories in the group stage shall also bestow monetary rewards upon the triumphant sides, with each conquest earning them US $40,000 (equivalent to Rs 33.17 lakh). Teams failing to secure passage to the knockout phase at the culmination of the group stage shall each be compensated with US $100,000 (Rs. 82.93 lakh).
ICC World Cup 2023 in india
The forthcoming ICC World Cup 2023 is primed to assume monumental proportions. Spread across ten diverse venues, a grand total of 48 encounters shall grace the tournament. The inaugural clash, slated for the 5th of October, shall witness the defending champions, England, lock horns with the runners-up, New Zealand. In anticipation of the forthcoming 46-day sporting extravaganza, each participating squad shall engage in two preparatory matches.
The 13th edition of the ODI World Cup, scheduled to unfold in India from the 5th of October to the 19th of November, shall see the participation of ten nations. India, New Zealand, England, Bangladesh, Pakistan, Australia, Afghanistan, and South Africa have already secured their berths, while Sri Lanka and the Netherlands have clinched their spots through the grueling crucible of the qualifiers.
