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IPL CANCELLATION MAKES 4000 CRORE LOSS FOR BCCI-ARUN DHUMAL |who wil win|

In the time of global pendemic of corona virus, if there is one board that can  to be on a safer side, it has to be  BCCI even though their biggest league IPL is all but cancelled. The fact that the board have kept their money in fixed deposits unlike their Aussie counterparts who put the money into the equity market, it is a safe position for them but the money that comes from the IPL is huge and the loss is inevitable. As per a  estimate, BCCI treasurer Arun Dhumal stated that the board can suffer a loss  4000 Cr and above.

“Priority for BCCI is health and safety of the cricketers, nothing else. Once there is an opportunity available, there is a window, we’d like to sortout it [INDIAN PREMIER LEAGUE]. There is an 8-year FTP that has already been chalked out by the ICC that is there till 2023. Now every cricket board will be struggling because of the virus. Everybody needs to sit across a table and work out their strategies on how to bring cricket back and how to make up for their losses because all of the boards are going to be suffering these losses and it would affect everyone, and it would impact everyone, all the stakeholders. Once the cricket resumes, we’ll talk it out with all the boards and help each other and revive world cricket.”

If individual cricket boards survive then only ICC survives, isn’t it? It’s not that ICC on its own can survive and feed all the cricket boards. If all of us are back to our feet, then only we’ll be able to help each other. I think that’ll be the endeavour of everyone associated with the game, that to revive world cricket it is very important that all the boards are in a healthy financial position.”

 

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