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BCCI face prospect of losing half a billion dollars if IPL cancelled
India

BCCI face prospect of losing half a billion dollars if IPL cancelled

The ongoing coronavirus pandemic has been wreaking on the international sporting calendar with cricket also suffering from the consequences of lockdowns imposed in different parts of the globe. Amidst this bitter backdrop, the Indian Premier League (IPL) could also lose a season for the first time in its history.

Cancellation of the 12th edition of the league could lead to an estimated loss of INR 40 billion, which comes up to be a little over half a billion dollars. This huge financial hit could serve as a major obstacle for the Board of Control for Cricket in India (BCCI) as it is desperately waiting for the COVID-19 situation to subside.

"We are not sure whether we will be able to have it this year. We will only be able to figure out the exact revenue loss once we are sure of how many games we have lost," said BCCI treasurer Arun Dhumal.