BCCI To Suffer Loss Of Over ₹2000 Crores Due To Postponement Of IPL
On Tuesday, the Board of Control for Cricket in India (BCCI) postponed the Indian Premier League for an indefinite period.
BCCI informed that they would be suffering a loss of over ₹2000 crores due to the postponement of the cash-rich league.
BCCI announced on Tuesday.
"We would be losing anything between Rs 2000 to Rs 2500 crore for the midway postponement of this season. I would say something in the range of Rs 2200 crore will be closer to accurate estimation," a senior BCCI official said.
The second wave of the COVID-19 pandemic has caused turmoil within the country.
Even the members of franchises like Delhi Capitals, Chennai Super Kings, and Sunrisers Hyderabad tested positive for COVID-19.
Due to the fear of COVID-19 infection among players, the governing cricket body for India decided to postpone the tournament.