Tuesday, September 1, 2009

What IPL anger as indian cricket management company img

IPL anger as indian cricket management


High-profile owners of team franchises in the Indian Premier League have reacted furiously to the Indian cricket board's decision to snap ties with event management company IMG, reports said Monday.
BCCI vice-president and chairman of Indian Premier League, Lalit Modi Successful bidders will get to keep 80% of revenues in the first two years of operations.
The Board of Control for Cricket in India (BCCI) on Saturday terminated its contract with the International Management Group which helped it launch the lucrative Twenty20 league in 2008.
Their share gradually goes down to 50% in year 11. Revenues are expected to be generated through television rights, sponsorships, tickets, food and other sales as well as premium and box seats.
The 75-page document, which comes with interspersed pictures of cricketers, notes that the league’s format of just 20 overs per team is one that is now most preferred by fans of the game. It claims that 76% of Indian cricket fans favour it over one-day matches and five-day Test matches and notes how it will get high television ad rates


No comments:

Post a Comment