IPL associations to get Rs 80 million per year
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As per a letter sent by Board of Control for Cricket in India (BCCI) to all match hosting associations, each venue hosting the Indian Premier League (IPL) Twenty20 matches will receive at least Rs 80 million per year besides other revenues for the provision of grounds and facilities.
New Delhi: As per a letter sent by Board of Control for Cricket in India (BCCI) to all match hosting associations, each venue hosting the Indian Premier League (IPL) Twenty20 matches will receive at least Rs 80 million per year besides other revenues for the provision of grounds and facilities.
"The figure of Rs 80 million is the minimum figure. It could increase and a final decision on this will be taken at the IPL governing council meeting in Mumbai to be held on Thursday, when the eight franchise owners and all the match-hosting associations will also be present," said, IPL Chief Operations Officer Sundar Raman.
Raman also confirmed that the match venues would get a certain amount for letting out their grounds. "The associations will be getting money but I am not allowed to give out the exact figure. I can only say that this amount will be uniform for all match hosting associations," he informed.
Besides this, each association will receive a minimum of Rs 100,000 on each match day for providing assistance to the team franchise owners, a source in the BCCI said. Each ground will host a maximum of seven matches. The host associations will also receive 20 per cent tickets for each match. But the details of how these tickets will eventually be distributed will also be finalised at the BCCI on Thursday.
Meanwhile, members of the Cricket Association of Bengal have already objected to the mode of ticket distribution and sharing of revenue for matches to be played at the Eden Gardens. One common bone of contention is that the capacity of the grounds hosting IPL matches varies.
Amongst the other items to be finalised at the meeting are the television production company and the production process, the IPL schedule, the final franchisee agreements, the commercial agreements, television commentators, player-related issues, franchisee-related issues, the official photographer and policy for photograph syndication for image rights.
The IPL Twenty20 tournament is a brainchild of BCCI vice-president Lalit Modi, who is also its chairman and commissioner. IPL has the support and backing of the International Cricket Council as well as boards of the 10 Test-playing countries. The nine teams will contest for the USD3 million tournament commencing from April 18. Mumbai will host the semi-finals on May 29 and 30 as well as the finals on June 1. (IANS)
"The figure of Rs 80 million is the minimum figure. It could increase and a final decision on this will be taken at the IPL governing council meeting in Mumbai to be held on Thursday, when the eight franchise owners and all the match-hosting associations will also be present," said, IPL Chief Operations Officer Sundar Raman.
Raman also confirmed that the match venues would get a certain amount for letting out their grounds. "The associations will be getting money but I am not allowed to give out the exact figure. I can only say that this amount will be uniform for all match hosting associations," he informed.
Besides this, each association will receive a minimum of Rs 100,000 on each match day for providing assistance to the team franchise owners, a source in the BCCI said. Each ground will host a maximum of seven matches. The host associations will also receive 20 per cent tickets for each match. But the details of how these tickets will eventually be distributed will also be finalised at the BCCI on Thursday.
Meanwhile, members of the Cricket Association of Bengal have already objected to the mode of ticket distribution and sharing of revenue for matches to be played at the Eden Gardens. One common bone of contention is that the capacity of the grounds hosting IPL matches varies.
Amongst the other items to be finalised at the meeting are the television production company and the production process, the IPL schedule, the final franchisee agreements, the commercial agreements, television commentators, player-related issues, franchisee-related issues, the official photographer and policy for photograph syndication for image rights.
The IPL Twenty20 tournament is a brainchild of BCCI vice-president Lalit Modi, who is also its chairman and commissioner. IPL has the support and backing of the International Cricket Council as well as boards of the 10 Test-playing countries. The nine teams will contest for the USD3 million tournament commencing from April 18. Mumbai will host the semi-finals on May 29 and 30 as well as the finals on June 1. (IANS)
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