BCCI not to go for pay cuts and lay-offs in the midst of cost control
Arun Dhumal, the treasurer of BCCI, has revealed that amidst the cost controls, there will be no pay cuts and lay-offs for the players, however, measures over hospitality and travel will be taken.
BCCI not to go for pay cuts and lay-offs in the midst of cost control
“The BCCI has done some cost control after the elected office-bearers took charge last October. The process started before the pandemic. But there has been no pay cut or lay-off as of now. We have cut costs on other fronts like travel, hospitality, etc,” said Dhumal as quoted by the New Indian Express.
Coronavirus has brought the Earth and its specifications and activities to a standstill. Economies, businesses, sports, and in fact every minor thing has been affected. Cricket, being one of the major and lovable sport, has been influenced adversely due to the lockdown across the globe amid Coronavirus outbreak.
Indian Premier League (IPL) was about to unfold its thirteenth edition. The Coronavirus outbreak flopped every plan sketched for IPL 2020. The season was to be initiated by 29th March 2020. Later, the situations dragged the possibilities ahead to a window of April-May. Coronavirus did not allow it either as the Indian Government extended the lockdown till May 3rd, 2020. Still, as May 3rd has gone, there are no chances for IPL till further notice.
BCCI and franchises could lose INR 40 billion revenues that indeed is a massive amount for the cash-rich league.
“IPL not happening will have a huge impact, and we will assess the situation before taking a fresh call,” added Dhumal.
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