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. Canceling in the cash-generating league, IPL, might cause huge loss and can deprive BCCI to cut the salaries of staff and players.
BCCI and franchises could lose INR 40 billion revenues that indeed is a massive amount for the cash-rich league as earlier revealed by Arun Dhumal. As per the new announcements, the board might be forced to go for salaries cut but they also maintained that it would be the last thing they will be doing in case if IPL gets canceled.
BCCI: Pay cuts for the players will be the last thing on the agenda
However, the BCCI treasurer Arun Dhumal has confirmed that there would be no pay-cut for the players as of now and it will be the last thing the board will consider. But he admitted that the IPL not happening this year will lead to a huge loss to the BCCI. Though he still assured that they are looking to manage the expenses somehow without the pay-cut option.
“We are not discussing a pay cut as of now. We are hoping that despite the financial crisis we will be able to tide over it. But yes IPL would be a big revenue loss to BCCI, when a situation comes then we will think about it but that would be the last thing. In that case, we would resort to in terms of players fee cut at all. Ideally, we somehow want to manage it without going for that cutting option,” Dhumal was quoted as saying by the Times of India.
“Whatever cost we can curtail or whatever saving we can, we are working on that. That is an ongoing process and that started before the pandemic only. We are working on that. Even this revenue loss we are going to come across, we will go for further major and curtail our cost and look at a few more revenue schemes.
“As of now, there is nothing on the players’ side. But on employees or officials, we are thinking wherever we can cut down the cost we are working on that. Wherever there is a possibility of cutting cost be it pertaining to travel, be it accommodation, be it pertaining to employees cost all those things will be looked at,” the BCCI treasurer further added.