MUMBAI: Economic slowdown seems to have actually hit the magnificent Indian cricket board ( BCCI) too. Never the kind to penny-pinch, especially after the birth of the Indian Premier League( IPL), world cricket’s proverbial 800- pound gorilla is now busy cutting expenses on numerous fronts.
In a circular sent out to all the stakeholders of the IPL, including the 8 franchises, the board has restated that it will not be hosting the opening ceremony of the IPL from this season on. The circular went on to add that the play-off standing fund is likewise being decreased for the exact same season.
The board has proposed a close to 50%reduction in the playoff standing fund for 2020, a choice that is being hotly disputed by the franchises today. The circular sent by the BCCI states that the winner of the