Saudi T20 League: The Board of Control for Cricket in India (BCCI) has moved towards destroying a mega project of Saudi Arabia. In fact, the BCCI has joined hands with the ECB (England and Wales Cricket Board) and the matter is related to the Saudi T20 League, which is expected to invest more than Rs 3,000 crore. It is now reported that the Cricket Board of India and England will not show the Saudi T20 League.
According to the British newspaper The Guardian, after the meeting held during the World Test Championship final match played at Lord’s, the BCCI and ECB have agreed to protest against the Saudi T20 League. It has been agreed between the Cricket Board of the two countries that they will not issue NOC (No Objection Certificate) to their players to play in this new league. Also, both boards have pressurized the Saudi T20 League not to support.
According to this report, Cricket Australia (CA) is focusing on earning profits with the investors of Saudi. The CA support may not have much impact on the Saudi T20 League as the brand value of the IPL is more than 12 billion US dollars, while ECB is going to make a bumper profit of about 700 million US dollars after selling 49 percent stake in the teams in ‘The Hundred League’.
Cricket South Africa (CSA) is also in profit, which gave ownership of the franchisees to the IPL teams 3 years ago. With this deal, CSA was said to have a profit of about 136 million US dollars. According to the news, Saudi Arabia investors are going to invest about Rs 3,442 crore in the Saudi T20 League.
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