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Bcci Set To Bear Financial Losses Of Over 2000 Cr After Ipl 2021 Gets Postponed

BCCI set to bear financial losses of over ₹2000 cr after IPL 2021 gets postponed

The Board of Control for Cricket in India (BCCI) on Tuesday had suspended the Indian Premier League with immediate effect after the rise in COVID-19 cases among the franchise teams.

A senior BCCI official has now said that the board will have to bear a financial loss between ₹2000 to ₹2500 crore after the tournament has been postponed midway.

“We would be losing anything between ₹2000 to ₹2500 crore for the midway postponement of this season. I would say something in the range of ₹2200 crore will be closer to accurate estimation," a senior BCCI official told PTI on conditions of anonymity.

"Slash all the payments by half or a bit less and you will be reaching a loss in the range of 2200 crore. The actually losses could be much more but this is a back of the hand calculation for the season," the official added.

The BCCI will suffer the biggest loss from Star Sports who has the broadcasting rights. Star has a five-year contract worth ₹16,347 crore which is ₹3269.4 crore per year and for every match it pays approximately ₹54.5 crore if there are 60 games in total in one IPL edition.

Apart from this, VIVO who is the title sponsor for the IPL makes a payment of ₹440 crore per season. But because of the postponement of the league, the BCCI will get less than half of the amount.

The BCCI is planning to resume the IPL in September.

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Indian Premier League 2021 (Suspended due to Covid-19)

IPL 2021: Franchises extend support to BCCI’s efforts of safe passage home to overseas stars

With the suspension of the Indian Premier League indefinite period by the IPL governing council and the Board of Control for Cricket in India (BCCI), all the franchise have extended support to the board for the safe passage of their overseas players to their home countries. Posting their statements on Twitter, the Royal Challengers Bangalore said that the safety and security of the players and everyone involved is always the first priority of the team and it supports the board’s decision to suspend the league. Punjab Kings and Mumbai Indians also echoed the same sentiments saying that getting their team members to their homes safely was their primary concern with the suspension of the league. Chennai Super Kings and Sunrisers Hyderabad thanked all the healthcare staff that were associated with the team and taking care of them and also those who are fighting the menace of Coronavirus in the entire country. The cases of Covid-19 in India are increasing day by day and BCCI Vice President Rajeev Shukla has confirmed that any decision regarding resumption of the league once the imminent emergency on the nation subsides.

IPL 2021 has been postponed not cancelled: Rajeev Shukla

The Board of Control for Cricket in India (BCCI) Vice President Rajeev Shukla has cleared the air on the Indian Premier League and said that the tournament is postponed and not called off. "I want to make it clear that IPL 2021 has not been cancelled. It has been suspended, it has been postponed, it has been deferred, so it will happen. The remaining part of this year's IPL will happen. But in due course, when the covid situation improves, a decision will be taken about it," said Shukla while speaking on Star Sports. The IPL 2021 was on Tuesday suspended with immediate effect after there was a rise in COVID-19 cases within the franchise sides. Talking about the players who wanted to return back to their respective places, Shukla explained that the cricketers have had a conversation with the franchises. “Few players wanted to leave the country. They had spoken to their franchisees and the franchisees also confided with us. But not many players were willing to leave the country. We have to look at that aspect also and we have to take steps accordingly," Shukla said. The BCCI though is seeking the September window to complete the tournament.

BCCI looking for September window to resume IPL 2021

The IPL 2021 edition was suspended with immediate effect on Tuesday after there was a rise in COVID-19 cases among the franchise teams. The Board of Control for Cricket in India (BCCI) is now looking for a September window to resume the tournament according to a Cricbuzz report. "A September window is being considered. By then the England-India series would be over and the foreign player would be ready for the T20 World Cup. That small window is being explored," said a franchise official. The Chairman of the IPL British Patel has also said that the board is looking for a window in September. Now we have to look for a window. If we get one, we will explore holding it. We'll have to see if it is possible in September. We need to examine the plans of the ICC and other boards,” he said. SRH’s Wriddhiman Saha, DC’s Amit Mishra and KKR’s Varun Chakravarthy and Sandeep Warrior and CSK’s bowling coach L. Balaji had tested positive in a span of two days. In an exclusive chat with One Cricket earlier in the day, DDCA President Rohan Jaitley has said that the board had suspended the tournament as a precautionary measure. “As a precautionary measure, the Board of Control for Cricket in India (BCCI) has decided to suspend the IPL for now. Health of the players and everyone is primary and the most important thing,” Rohan said. SRH were slated to play MI in Delhi on Tuesday while RCB were scheduled to take on KKR on Monday in Ahmedabad.

Mandhana, Jemimah, Harmanpreet and Deepti to be part of The Hundred, get BCCI NOC

Four Indian women’s team players who represented various teams in the now-defunct Kia super League, the domestic T20 tournament for Women in England, would now be part of The Hundred. The up and coming tournament is a first of its kind and would be played between eight franchise teams in England and Wales. These four players are likely to fill up the spaces in Southern Brave, London Spirit, Manchester Originals and Northern Superchargers, each of whom have a slot for the foreign player left. Each side is eligible to sign three foreigners and three England centrally contracted player in tier roaster. The Indian women would be in England in June where they would be involved in three series f three formats, which include a one-off Test at Bristol on June 16. The tour concludes with the third and last T20I on July 15. The Hundred kicks off July 21 with the women teams of Oval Invincibles and Manchester Originals meeting at the Oval in London before their male teams meet the next day at the same venue. India Women getting permission to play in foreign leagues is a welcome event as they were not allowed to take part in the last year's Women's BBL.