Abhishek Securities

  The Board of Control for Cricket in India (BCCI) is mulling to add two more teams to the Indian Premier League (IPL). Going by the agenda of the board's AGM, which take place on December 24, the official announcement regarding it would be made later this month. Should two teams be added to the league, it will be for the first time since 2011 that IPL will be a 10-team competition. IPL had started as an 8-team competition. In 2011, 10 teams took part in the tournament. The number reduced to 9 for the next two years. IPL has remained 8-team tournament since 2014. As the fans wait for an official word regarding the new teams, we revisit past IPL seasons and have a look at how 'new' IPL teams fared in previous IPL seasons - Rising Pune Supergiant The star-studded side had the likes of MS Dhoni, Steven Smith, Ajinkya Rahane and number of other international players in its ranks. And it was Dhoni who was named as Rising Pune Supergiant's (RPS) inaugural captain. As the lead...

  The Board of Control for Cricket in India (BCCI) has already begun the preparations for organizing the 14th edition of the Indian Premier League (IPL 2021) in India in the month of April and May. It is speculated that the Indian board is planning to add two more teams to expand the  cash-rich league  and make it a tournament of 10 teams instead of 8. Though there has been no official announcement by any concerned authorities, reports suggest that in the list of shortlisted cities, Ahmedabad tops the charts and the new team can be from the city of Ahmedabad. BCCI wishes to make the newly-built Motera Stadium, also known as Sardar Patel Stadium in Ahmedabad as the home ground of the ninth team while one franchise can also be added from Lucknow or Kanpur. The Indian board will be hosting its Annual General Meeting (AGM) on December 24th and will be taking a final call on whether to expand the tournament or not. Also, the state associations and members have reportedly also ...

  If you’re wondering just how pandemic-resistant  the world’s leading sports franchises are, look no further than Fred Wilpon’s New York Mets. The Amazin’s, the No. 2 team in Major League Baseball’s most valuable market, were put in play by Wilpon in February after nearly two decades of ownership, putting them on track to be the first big-market Major League Baseball franchise to be sold in eight years. They are hardly a crown jewel. Wilpon was reluctant to keep pace with the league’s rising payrolls, leaving the Mets without a World Series win since 1986 and bleeding cash long before the coronavirus eliminated more than half the season and all of the franchise’s stadium revenues. That hasn’t stopped an all-star list of buyers from kicking the tires, including hedge-fund titan Steve Cohen and private-equity guru Josh Harris, one of whom will likely end up paying more than $2 billion for the franchise, one of 57 teams worth at least that amount. A decade ago, there was on...

  The Board of Cricket Control of India (BCCI) has called for Annual General Meeting on December 24th. The proposal to increase two teams for the Indian Premier League 2021 (IPL 2021) will be formally floated for the approval of the house. An approval will be taken from the representatives of all the state associations for the inclusion of two new teams in the said meeting on Dec. 24th. According to the information available with InsideSport, one thing is certain now that Ahmedabad city will be included in the IPL roaster before anyone else. The names of Lucknow / Kanpur, Pune will come for discussion if the BCCI AGM decides to increase more than 1 team for IPL 2021 or IPL 2022. According to reports doing the rounds, Adani Group owned by Gautam Adani and RPSG owned by Sanjeev Goenka will be the biggest contenders for the 9th IPL team. Adani’s in past have openly declared their interest in owning the IPL team. With Ahmedabad now boasting of the biggest cricket stadium in the country...

  Back in March 2020, the outbreak of coronavirus forced The Board of Control for Cricket in India (BCCI) to postpone the Indian Premier League (IPL) 2020 for a month. In April, the league was postponed for an indefinite period and there were doubts if the board would be able to stage IPL at all. Since the BCCI was staring at a loss of Rs 4000 crore, it was always open to staging the tournament outside the country. And in July, it confirmed UAE as the host nation. For the first time after a decade, the complete edition of the tournament was played outside India. The IPL franchises ferried their players to UAE in August and the tournament culminated successfully on November 10, when Mumbai Indians defeated Delhi Capitals to lift the trophy for the fifth time. Thanks to the Emirates Cricket Board (ECB), the BCCI successfully staged IPL and earned Rs 4,000 crore. The tournament also drew record viewership. In a conversation with  The Indian Express , BCCI's Treasur...

  Almost half of the Indian television viewers watched the recently concluded 13th edition of the  Indian Premier League  (IPL). As per  BARC India viewership data , the tournament clocked a cumulative reach of 405 million viewers —out of a total TV universe of 836 million—across 21 channels that Star & Disney India aired the matches on. In terms of overall viewing time,  IPL 2020  has shattered all previous records held by any broadcasting property in India. With a total of 400 billion viewing minutes on TV, IPL 2020 clocked a 23% jump in total consumption over IPL 2019 (326 billion minutes), and a 12.4% increase over ICC World Cup 2019 (356 billion minutes). With the rise in total time spent, the average per match impression also went up to 31.57 million. BARC defines reach as the total number of individuals who viewed the event for at least one minute, while impressions denotes the number of individuals of a target audience, averaged across minutes. ...