The recent spot fixing fiasco in Delhi in connection to the Indian Premier League has shaken my confidence in the game.
If reports are true and the three arrested cricketers have actually confessed then the BCCI should take a very tough stand. They must at-least announce the suspension of the arrested trio from all BCCI events until their name is cleared.
The police have said that the arrested cricketers Shreesanth, Ankit Chavan and Ajit Chandila, all three from Rajasthan Royals IPL team, have confessed to their involvement in the spot fixing controversy. The Police Commissioner of Dehli has addressed the nation saying that there is solid evidence against the three and that he was sure of getting their convictions.
Yet, surprisingly, so little is being done by the people in position in India's cricket control board, the BCCI. The outcome of the meeting of the BCCI top-gun on Sunday afternoon was a absolute turn down. It seems that the management of BCCI is not interested in clearing up the mess.
BCCI - please do something. Cricket is the most liked sport in India and everything must be done to maintain its credibility.
Showing posts with label indian premier league. Show all posts
Showing posts with label indian premier league. Show all posts
Sunday, May 19, 2013
Saturday, February 23, 2008
Indian Premier League - the business of cricket
The recent auctions by Board of Control of Cricket in India (BCCI) has transformed cricket from a sport to a commercial venture.
If my calculations are correct, I believe already the gross bidding may have exceeded Rs. 6000 crores (US$ 1.5 billion) including franchises, players and the television rights bought by Sony Entertainment for more than 3000 crore.
It was really surprising to see the amount of commercial interest displayed by some of the top business houses and Bollywood personalities in bidding first for the franchises and then for the players.
With so much publicity around the financials at stake around the favourite Indian sport, it remains to be seen how the common man reacts to the issue. After all, it is the common man who is not only expected to meet the entire cost, he is expected to deliver a handsome profit for the bidders who have already invested so much.
With eight local (Indian) teams with players from all over the world, surely the national loyality issue is out of the picture. It would be interesting to see how much support these games could get what different venues of generating revenue are adopted. Obviously, the most popular route will be advertising and ticket sales.
If the anticipated advertisement revenue is generated and if all the advertising transforms into additional business for the advertisers it could mean a massive spurt in growth in the overall national economy.
If my calculations are correct, I believe already the gross bidding may have exceeded Rs. 6000 crores (US$ 1.5 billion) including franchises, players and the television rights bought by Sony Entertainment for more than 3000 crore.
It was really surprising to see the amount of commercial interest displayed by some of the top business houses and Bollywood personalities in bidding first for the franchises and then for the players.
With so much publicity around the financials at stake around the favourite Indian sport, it remains to be seen how the common man reacts to the issue. After all, it is the common man who is not only expected to meet the entire cost, he is expected to deliver a handsome profit for the bidders who have already invested so much.
With eight local (Indian) teams with players from all over the world, surely the national loyality issue is out of the picture. It would be interesting to see how much support these games could get what different venues of generating revenue are adopted. Obviously, the most popular route will be advertising and ticket sales.
If the anticipated advertisement revenue is generated and if all the advertising transforms into additional business for the advertisers it could mean a massive spurt in growth in the overall national economy.
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