IPL 2021 has been suspended indefinitely. The BCCI took this decision on Tuesday after two more players were infected. Wriddhiman Saha of Hyderabad and Amit Mishra of Delhi Capitals were also infected after KKR and CSK members were infected a day earlier. Talking about the current season of T20 league, 29 out of 60 matches have taken place. 31 matches were yet to be held.
After the suspension of IPL, the board’s revenue is expected to decrease. Between Corona, not only cricket, but also all the sports leagues in the world suffered damage. If you look at the figures of 2021 Football Money League, Spanish club Barcelona generated the highest revenue of 6300 crores during this period. But there was a shortfall of about Rs 1100 crore. That is, the earnings of only one club decreased so much. Apart from this, the baseball league of America also suffered a loss of thousands of crores of rupees.
According to the report, the top-20 football club generated revenue of about 73 thousand crore rupees during this period, which was 9 thousand crore rupees less than the previous year. In the previous season, the revenue of clubs was around 82 thousand crores. Due to Corona, fans are banned from coming to the stadium. Due to this, clubs have received a big setback on ticket revenue. To reduce losses, the clubs were going to start a new European League. But he had to retreat amidst protests.
Due to Corona, the previous season of IPL was done in the UAE without fanfare. Due to this, the brand value of IPL had fallen by 3.6 percent. According to Duff and Phelps, the brand value of the IPL was around 46 thousand crore rupees last year. A year ago this value was about Rs 47 thousand 500 crore. Although the IPL is the largest cricket league in the world. Last year, the board received about Rs 4 thousand crores in revenue from it. Now that the tournament would have been completed this year, the board had expected almost the same amount of revenue.