According to the BCCI, there is no pressure to postpone IPL rights.
A top BCCI official has stated that the IPL media rights could be release soon; most likely within a week, and has blamed the delay to procedural concerns. The BCCI has also refuted suggestions that the ongoing delay is due to host broadcaster Star exerting pressure. According to the BCCI, there is no pressure to postpone IPL rights.
The board functionary further claimed that the existing broadcaster; whose five-year contract expires after the IPL in 2022, has no objections to the tender being launch immediately.
The BCCI had previously announce that the tender for the IPL media rights would be release in October. Although the announcement was make five months ago, the tender has yet to be issued. However, it’s worth noting that the BCCI has since hired KPMG, a professional services firm; to advise them on how to sell the rights, which are regards the most valuable asset in cricket.
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The advertise agreement is that the cost will twofold from the past cycle’s esteem of INR 16,347 crore; coming about in a add up to of INR 20,000 crore due to a 25% increment; within the number of diversions as a result of the alliance being extends to ten clubs from eight this year.
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The board of directors is convince that the value will skyrocket. “We anticipate a very high cost. It would be unjust to single out a number. Multiple parties will be involve in the tender, and we anticipate; a strong level of interest from them “According to a BCCI executive.
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