The league has been postponed for a few days after Corona became infected with 4 players and 2 coaching staff in the last two days in the IPL 2021 season. The decision on when to take it further has not been decided yet. In such a situation, if the situation is not normal in the country and if the IPL is canceled, then the board will incur a loss of about 2000 crores. Also, the T20 World Cup to be hosted in India this year will be under threat. Hosting from India can be snatched away. BCCI will also suffer the loss of crores.
IPL Governing Council wanted to conduct a tournament in UAE
Sources told Bhaskar that the IPL Governing Council wanted the tournament to be held in the UAE this time, just like last year. If it were, it could be made successful like the last time. But despite the Corona explosion in India, this tournament was held. As a result, it had to be suspended in between.
According to sources, BCCI wanted to give the message that India is also ready for the T20 World Cup, with the IPL being conducted in the country. This year the T20 World Cup is to be held in India in October.
Why can't IPL be canceled?
IPL has benefited a lot in BCCI revenue. As a result of this, the government is getting tax on time. The BCCI has given Rs 3500 crore as tax since 2007-08. Before the IPL, BCCI was considered a charitable organization. BCCI generates 40% of revenue from this league.
According to a report by the Telegraph, the economy of world cricket is about 15 thousand crore rupees. Of this, 33% i.e. 5 thousand crore rupees comes from IPL. This is the reason that BCCI is also getting support from other boards of the world during the conduct of IPL.
Between Corona, India, England, and Australia refused to go on a tour of South Africa, but the IPL is being held. India is scheduled to visit England in August this year. This is going to be financially important for the England Cricket Board. The English board suffered a lot due to the lockdown.
There can be a profit of 3 thousand crores if not canceled
The value of IPL in 2019 was around 47 thousand crores. At the same time, according to BCCI treasurer Arun Dhumal, the board had a profit of Rs 4000 crore in the previous season. If the league succeeds this year, it is estimated to be a profit of 3 thousand crores. According to the Economic Times report, if the tournament was canceled in the previous season, then about Rs 3800 crore. Could have caused the loss.
2000 crores loss if IPL is canceled
In this season also, the IPL Governing Council did not add any value like the previous season. In such a situation, the cancellation of IPL in the middle of the board may result in a loss of 50% ie 2000 crores. Along with this, the board also has to generate revenue for the proposed T20 World Cup in October. Recently, there was also a demand for tax exemption for the World Cup between the BCCI and the government.
BCCI is also worried about tax for T20 World Cup
However, the government has not taken any decision yet. If the central government also gives a 10% tax exemption, the board will have to pay about Rs 226 crore. At the same time, in the event of no exemption, BCCI will have to pay 906 crore rupees for the World Cup.
Along with this, the board has to pay money to the players, coaches, staff, and the people involved in the domestic competition. In such a situation, if the IPL is canceled, it will affect many more people.
What return is Yuvraj Singh going to make on the cricket pitch?
Cricket fans are disappointed with India's performance in the T20 World Cup.
Petrol Diesel Price: Today oil companies have released the prices of petrol and diesel, know the prices of your city
Oil companies have released the prices of petrol and diesel for today. Today companies have not made any change in oil prices. Recently, the government announced to reduce the prices of petrol and
Stree 2 Success: 'Emphasis given on story more than star power', the director of Stree 2 revealed the secret of the film's success
Shraddha Kapoor is back with the sequel of the 2018 hit film 'Stree'. Amar Kaushik's directorial 'Stree 2' recently hit the theatres on August 14 and is doing well at the box office. In an interview,
Cyclone Biparjoy: Dwarkadhish temple was closed for devotees due to 'Biparjoy', but now the doors are open again
Cyclone Biparjoy moving towards the coasts of Gujarat had taken a very dangerous form. Because of the danger, the famous Dwarkadhish temple located in Devbhoomi Dwarka district of Gujarat was closed
A booster dose may need to be taken 1 year after the second dose of the Corona vaccine, know what scientist Anthony Fauchi said
In the future, people will have to take a booster dose even after two doses of the vaccine to prevent infection with the corona. Anthony Fauci, one of the world's top epidemiologists, and Alpert
KGF 2 Star Yash: After 'KGF 2', Yash is coming again to steal the show, will announce the name of the next film on this date.
The audience is eagerly waiting for the next film of the blockbuster film 'KGFA 2' fame actor Yash. New information has come to light regarding the actor's next project. They will announce its name
India-Israel: Iran's comment on Indian treatment of minorities is ridiculous, Israeli ambassador hits back
Israeli Ambassador Reuven Azar on Wednesday condemned Iran's Supreme Leader Ayatollah Ali Khamenei's remarks about India's minorities. He termed his statement as ridiculous and hypocritical.
Blast outside Somalia Education Ministry: 2 cars exploded, 100 killed; over 300 injured
An explosion took place outside the education ministry in Mogadishu, the capital of Somalia. So far 100 people have died in this blast on Saturday. More than 300 people have been injured. So far no
US Commander said: India-America facing similar security challenges from China, Biden government is providing such help
America's top commander has said in his statement that the security challenges of India and America are similar and both countries are threatened by China. He said that the Biden government of America
China in support of Pakistani terrorist: Opposed to declaring Lashkar chief Shahid Mehmood a global terrorist in UN, India-US had brought proposals
China has again blocked the inclusion of Lashkar-e-Taiba terrorist Shahid Mehmood in the list of Global Terrorists. India and America had brought proposals for this to the United Nations Security
