BCCI paid Emirates Cricket Board INR 100 crore for hosting IPL 2020: Report
The Board of Control for Cricket in Republic of India (BCCI) has reportedly paid UAE’s Emirates Cricket Board (ECB) an enormousquantity for the just-concluded IPL 2020. The ECB came to BCCI’s rescue throughout the pandemic and helped them conduct the IPL within the gulf country swimmingly. At a time once the cases were increasing at associateominous rate in Republic of India, the IPL was at risk of being off altogether.
The cancellation would arean enormous blow for the BCCI as they’d have lost overauthorityfour hundredlarge integer in revenue. howeverbecause of the ECB, the BCCI overcame all the hurdles and managed to with success conduct the tournament within the UAE. Not one individual was tested positive for COVID-19 once the tournament started on Gregorian calendar monthnineteen.
hopping fourteen million bucks to stage the tournament in city, Sharjah, and Abu Dhabi. The amount, however, measured credible considering the staging associations in Republic of India would have earned Rs sixtylarge integer for the sixty games.
According to the new rules, the state association would get Rs onelarge integer for hosting one IPL game. The BCCI recently accrued the hosting fee for a franchise for every match from Rs thirtylarge integer to Rs fiftylarge integer. As per the foundations, the board was to match the number paid by the franchises, sosanctioning a state association to earn Rs onelarge integer per game.
The Rs one hundredlarge integer fee wasn’tthe solemoney boost received by the UAE. excluding it, the IPL additionallyvastlyadditional to the UAE business, with fourteen five-star hotels nearly packed for 3 months. The IPL provided a windfall for UAE.