IPL -The flow of money
April 4, 2010 3:45am CST
cricket has earned a new outlook in the form of IPL.IPL brings the game 'cricket' more popular in the world.Now cricket has become the second game in the world to earn the highest amount of money in category of sports through IPL.The first sport to achieve more money is the english premier league(EPL).The cricket is going to cross the income of EPL by the year 2015. Now the ipl is earning an amount of 5000crore/annum,where as the EPL is earning around 8600crores/annum.since india is a cricket loving country,the country billioniers are more often to spent money through IPL.Since the IPL brings more money , the depositer's profit is very very high than what they spend.Now the investors in IPLwill be increasing year by year,thus the game "CRICKET" will be the first sports to earn more profit than EPL. In year 2009,the IPL consist of only 8 franchise namely delhi daredevils,deccanchargers,chennai superkings,kolkata knightridhers ,kings 11 punjab,mumbai indians,rajastan royals,royal challengers banglore,all of the team spend an avg of 250 crores for their team.Now in the year 2010 2 new franchise have started namely cochin and pune,and the amount spent on this team is thrice the amount spend on the previous team(1500 & 1702) crores.This can go higher and higher in the comming years,thus IPLis expected to cross the income of EPL very soon.
4 Apr 10
cricket its not a just a game anymore...iple is a billion doller baby.. and it is estimated around 5000 core's bitting is done around the world for ipl.. and cricketers are most benifited by ipl...ipl maked them milloniers overnight... now ipl is the biggest cricket tornament in the world then world cup...indian goverament got 200 cores as tax from ipl...