By Nawaz Gohar
Indian Premier League (IPL) is considered among top sports events Worldwide
It now appears the downfall in Indian economy will also hit IPL
The situation is so serious that Indian Cricket Board has no money to organize the IPL 2020 opening ceremony
Indian Premier League (IPL) 2020 will kickoff without an opening ceremony
According to a statement by Indian Cricket Board the prize money in IPL has also been reduced to one half
Last year IPL winner team got 20 crore Indian Rupees as prize money
This time IPL winner team will earn 10 crore Indian Rupees
In IPL 2019 the runner-up team got 12.5 crore Indian Rupees
In IPL 2020 the runner-up team will get 6.25 crore Indian Rupees
In 2019 teams at 3rd and 4th positions earned 8.75 crore Indian Rupees each
This time teams at 3rd and 4th positions will get 4.375 crore Indian Rupees each
It is interesting that on one hand Indian Cricket Board has decided to save the money …
… spent on opening ceremony and has also reduced the prize money to one half …
… on the other hand financial pressure on IPL franchises has been raised
Earlier IPL franchises had to pay 30 lakh Indian Rupees to local cricket associations for each match
Now there is a raise of 20 lakh Indian Rupees for every match
In IPL 2020 franchises will have to pay 50 lakh rupees for every match to local cricket associations
IPL 2020 will start on 29th March
In opening match defending champions Mumbai Indians will face Chennai Super Kings
Opening match of IPL 2020 will be played at Wankhede Stadium Mumbai
The match is scheduled to start at 8.00pm Indian Time
8 teams are appearing in IPL 2020
IPL 2020 will feature a total of 60 matches
Final of the league will be played on 24th May at Wankhede Stadium Mumbai
Worsening situation in India is not only a depiction of poor policies …
… of the Indian rulers but also a decline to Indian mega event IPL