IPL 2021: 'No Entry' of Fans at the Stadium can have a big impact on the pockets of team owners, it may cost Rs 25 to 35 crores?

No entry in the stadium to spectators, IPL teams will suffer loss

IPL 2021: 'No Entry' of Fans at the Stadium can have a big impact on the pockets of team owners, it may cost Rs 25 to 35 crores?

The cricket fans will not have an entry in the stadium to watch the 14th season of the IPL2021, this news is not good for the team owners for whom the BCCI's league is the golden egg-laying hen.

IPL 2021 is happening. that's good news. IPL 2021 is being done in India. This is even more news. But, to see the 14th season of IPL, cricket fans will not have an entry in the stadium, this news is not good. Especially for IPL franchises. For those team owners for whom the BCCI league is a chicken-laying hen. Actually, there is news that IPL franchisees 'pockets are going to have a major impact on the viewers' entry into the stadium.

According to the report of InsideSport, every IPL team can suffer losses ranging from Rs 25 to 35 crores due to no entry of spectators in the stadium. He has released this report after talking to some franchises like CSK, Punjab Kings.

What did the CEO of CSK say about the loss?

Kashi Vishwanathan, CEO of Chennai Super Kings, said, "We are a little worried about this year after the loss of last year." I can say that there may be a loss, which can be up to 25 crores. But, the biggest loss will be losing the fans, which is our biggest concern. " A clear message has been given by the BCCI and the IPL Governing Council that this time the IPL will be played in an empty stadium. That is, there will be a ban on the entry of spectators in the stadium.

There will be a big impact in two ways

This step of BCCI and IPL Governing Council is correct in view of Corona. But its major impact is going to be seen on franchisees in two ways. First, 24 to 25 crores of revenue they got from the sale of tickets, they will not come now, for big franchises like Mumbai Indians, this amount can be up to 40 crores. The second major impact of this could be on the sponsorship agreement of the franchisees.

Optimistic thinking of punjab kings

However, some teams still hope that the situation will change and improve. They believe that when the tournament progresses, the BCCI will allow the fans to enter the stadium. Punjab Kings CEO Satish Menon said that he is optimistic that the loss due to no entry of the audience can be reduced slightly. He said that talks are going on with the people of our IPL and the BCCI about this. We are working to solve this problem.

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