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BCCI looks at INR 40 billion losses if IPL 2020 is cancelled

by the owl speaks

The Indian Cricket Control Board (BCCI) could incur a colossal loss of Rs 40 billion, which is more than half a trillion dollars if the Indian Premier League (IPL) 2020 is not played. The tournament was scheduled to begin earlier on March 29 but was postponed until April 15. However, the IPL had to be postponed indefinitely after the lockdown in India was announced to May 3.

The chances of the IPL not happening at all can not be ruled out completely. The coronavirus pandemic has brought most cricket tournaments to a halt and when play will resume is not understood. Thanks to the dire global situation, even the T20 World Cup later this year in Australia is under the clouds.

b”The BCCI is seeing aig loss of revenue. If the IPL does not take place, the loss will be close to 40 billion rupees ($530 million), or even more, “BCCI treasurer Arun Dhumal was quoted in NDTV Sports as saying.

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