Likely losses if IPL is put off

<img border='0' align='left' title=' ' src='' class='caption'> The Home Ministry says the IPL should be postponed so that it doesn't coincide with the elections.

Updated: March 05, 2009 19:22 IST
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The Indian Premiere League (IPL) officials are busy reworking the dates for the tournament following the government's warning that it would be difficult to manage security for two huge events simultaneously.

The Govt's warning comes after the ghastly terror attack on Sri Lankan cricketers in Lahore.

The Home Ministry says the popular cricket tournament should be postponed so that it doesn't coincide with the elections.

The IPL, however, doesn't want to postpone the tournament.

So, the IPL is now reworking some dates so that play and polling is not held on the same day in any city. But government sources say merely reviewing of dates may not good enough, as the election booths need to sanitised well ahead of polling.

According to the Home Ministry estimates, it needs 75,000 central security personnel for the elections. And given the post-26/11 scenario, it can't pull out personnel from the border.

But how much would be the loss to the IPL if it is cancelled? According to estimates, it could be well over Rs 1000 crore, which will include the following:

  • The host earns about 400 crore from every IPL season, that will go down in drain
  • A loss of Rs 300 cr in TV ad sales
  • Loss of 10-12 crore on ticket sales by each team (Approximately Rs 96 cr loss for 8 teams)
  • Rs10 crore per team on sponsorship deals
  • Rs 400 crore damage to IPL itself
  • As the most visible cost, the players haven't been paid yet.

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