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BCCI to face half a billion dollars loss in case of IPL cancellation

BANGALORE: Board of Control for Cricket in India (BCCI) has said that the Indian cricket would face a huge loss if the biggest T20 tournament Indian Premier League (IPL) gets cancelled this year due to novel coronavirus.

“It will cost half a million dollars to the Indian cricket board,” said an official of the BCCI in a statement, adding that the governing body of the board was not yet considering pay cut of players in case of cancellation.

BCCI treasurer Arun Dhumal says that cancellation of the world’s richest Twenty20 tournament would cause a huge financial hit and would burden the Indian cricket board for next year’s event.

Arun Dhumal BCCI IPL

“The BCCI is looking at a big revenue loss. In case the IPL does not take place, the loss would be close to 40 billion rupees ($530 million), or even more,” Dhumal said in an interview. “We are not sure whether we will be able to have it this year.”

Earlier: BCCI says IPL still on the cards, ‘tournament to commence when it is safe and appropriate’

The Board of Control for Cricket in India (BCCI) had earlier said that the Indian Premier League (IPL) was still on the cards and the board was looking for a possible date to stage the event this year.

“Yes, we are looking for possible dates in September-October to hold the Indian Premier League. However, the tournament will only commence when it is safe and appropriate,” said BCCI Secretary Jay Shah in a statement.

IPL, termed as the world’s richest cricket tournament, was scheduled to be commenced in March, however, due to the coronavirus situation in the country, the event was pushed back from its original date following Indian government’s decision to lockdown the country.

The Indian cricket board and the organizers of the country’s premier T20 league still hope to stage the tournament keeping in mind the health and safety of players, staff and the nation.

“The health and safety of the nation and everyone involved in our great sport remains our top priority,” Shah said, adding, “BCCI will continue to monitor and review the situation regarding a potential start date.”

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.