The Indian Premier League - IPL launched in 2008 has achieved a very high level of popularity with more than 140 million TV audiences and a brand valuation of more than 4 billion USD. The high publicity and glamour filled, franchisee owned cricketing event has also seen unprecedented money paid as franchisee fees, players fees and through advertisement revenue along with scandals of match fixing.
The business model needs appreciation for integrating a number of complex processes such as entertainment, glamour, marketing, pricing and hard-hitting cricket. The attached ppt conducts some analysis of the IPL business cases and provides rational revenue & cost structures implemented to make the event viable.
IPL's Opening Week Receives Over 186K MentionsSimplify360
This year IPL almost seems to be a hush hush game. Compared to years in the past. Lesser publicity, lesser number of ads and an uninterested audience. However, for cricket lovers, it sure does not make any difference.
That is exactly the reason why Twitter is flooded with tweets about the IPL. With 88.5% buzz on twitter alone, it sure is not a lost game!
The Indian Premier League an annual Indian Twenty20 cricket tournament, founded in 2008 by the BCCI has set ball rolling for other Spots League and in all likelihood is going to help Indian sports in future.
Its about the marketing strategy of IPL , its business and revenue model, about their sponsorship, and role of advertisement in ipl and its conclusion ..
This slide is about business side of Indian premier league .... view the entire presentation foe further information .....it consist of 17 slides briefly explaining the business side rather than the entertainment side which we usually look Indian premier league as . Also contains details about the expenses incurred and revenue earned by various parties associated with the league . And the impact of IPL to other medias and others
Hi, I am Pranay Hardas, MBA student in LNCT BHOPAL, with my team I made a presentation on Business model of Indian Premier League
#pranayhardas #ipl #ipl2023
#wpl #mba
Indians, though diversified on the basis of religions, get united by just one thing - CRICKET!
Cricket is the common religion pf every Indian. Forgetting all the differences, it lovingly unites Indians. It truly gives a sense of Nationality, especially when it comes to India v/s Pakistan.
Earlier, Only ODI or Test Matches were being played in India. Indian Premier League (IPL) is the recent addition to the field of cricket and it completely revolutionised the Cricket Industry! Do you know who is the man behind the idea of IPL? The Creator of IPL?
Lalit Modi!!
But the topic of this presentation is IPL Scam or the Lalit Modi Scam!
Wait, What?
Yes! The very Creator of IPL, was involved in so many controversies and scandals that he had to flee India in 2010 only.
Let’s look at the whole story line.
The presentation is based on the IPL Scam or the Lalit Modi Scam. Lalit Modi is the creator of IPL. He was the first Chairman of IPL. He launched IPL In 2008 when he was serving as Vice President of BCCI. The presentation covers all the aspects- Who was Lalit Modi, his family background, his educational qualifications, Work Experiences, His idea for IPL, his execution, how he misused his power and favoured his relatives, how the scam came into light and finally, he flees to London. The presentation focuses on the unethical application of the diligence of Modi. Had he been ethical in his practices, he would have gained alot from this amazing idea.
He is indeed a smart man with great business acumen, just with unethical intentions.
Thus, he is a Mastermind - Turned - Fraudster!
IPL's Opening Week Receives Over 186K MentionsSimplify360
This year IPL almost seems to be a hush hush game. Compared to years in the past. Lesser publicity, lesser number of ads and an uninterested audience. However, for cricket lovers, it sure does not make any difference.
That is exactly the reason why Twitter is flooded with tweets about the IPL. With 88.5% buzz on twitter alone, it sure is not a lost game!
The Indian Premier League an annual Indian Twenty20 cricket tournament, founded in 2008 by the BCCI has set ball rolling for other Spots League and in all likelihood is going to help Indian sports in future.
Its about the marketing strategy of IPL , its business and revenue model, about their sponsorship, and role of advertisement in ipl and its conclusion ..
This slide is about business side of Indian premier league .... view the entire presentation foe further information .....it consist of 17 slides briefly explaining the business side rather than the entertainment side which we usually look Indian premier league as . Also contains details about the expenses incurred and revenue earned by various parties associated with the league . And the impact of IPL to other medias and others
Hi, I am Pranay Hardas, MBA student in LNCT BHOPAL, with my team I made a presentation on Business model of Indian Premier League
#pranayhardas #ipl #ipl2023
#wpl #mba
Indians, though diversified on the basis of religions, get united by just one thing - CRICKET!
Cricket is the common religion pf every Indian. Forgetting all the differences, it lovingly unites Indians. It truly gives a sense of Nationality, especially when it comes to India v/s Pakistan.
Earlier, Only ODI or Test Matches were being played in India. Indian Premier League (IPL) is the recent addition to the field of cricket and it completely revolutionised the Cricket Industry! Do you know who is the man behind the idea of IPL? The Creator of IPL?
Lalit Modi!!
But the topic of this presentation is IPL Scam or the Lalit Modi Scam!
Wait, What?
Yes! The very Creator of IPL, was involved in so many controversies and scandals that he had to flee India in 2010 only.
Let’s look at the whole story line.
The presentation is based on the IPL Scam or the Lalit Modi Scam. Lalit Modi is the creator of IPL. He was the first Chairman of IPL. He launched IPL In 2008 when he was serving as Vice President of BCCI. The presentation covers all the aspects- Who was Lalit Modi, his family background, his educational qualifications, Work Experiences, His idea for IPL, his execution, how he misused his power and favoured his relatives, how the scam came into light and finally, he flees to London. The presentation focuses on the unethical application of the diligence of Modi. Had he been ethical in his practices, he would have gained alot from this amazing idea.
He is indeed a smart man with great business acumen, just with unethical intentions.
Thus, he is a Mastermind - Turned - Fraudster!
The Indian Premier League (IPL) is a professional Twenty20 cricket league in India contested annually by franchise teams representing Indian cities.
The title sponsor of IPL is Vivo Electronics, thus the league is officially known as the Vivo Indian Premier League.
The IPL is the most-attended cricket league in the world and ranks sixth among all sports leagues.
In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube.
The brand value of IPL was estimated to be US$3.2 billion in 2014. According to BCCI, the 2015 IPL season contributed ₹11.5 billion (US$182 million) to the GDP of Indian economy.
Until 2014, the top three teams in the tournament qualified for the Champions League Twenty20. However, the Champions League Twenty20 tournament was discontinued in 2015 and has been defunct since.
Effectiveness of TV advertising on major cricket events in IndiaGaurav Sharma
describes the current sponsorship scenario in india for cricket events, analyse the impact of advertising on sales/brand image and recommendation on whether advertising on cricket events or not
The Digital world has given rise to a new breed of influencers, opinion leaders, critics or in some cases just a voice wanting to be heard. It is a complex world and most times replete with jargon or terms which are not easily understood. Having said that, brands are built or (sometimes) destroyed overnight as opinions or experiences are floating freely for anyone who is willing to lend an ear.
In order words the digital world is a necessary evil and listening, tracking and most importantly measuring the impact on the brand has become very crucial and complex at the same time. Making sense out of the data on a common platform is also a huge challenge.
BuzzAngles focuses on measuring what is relevant along with detailed analytics on the brand. It keeps you informed about the dynamics of the digital medium, by Monitoring, Capturing and Analyzing the information. It delivers knowledge that can be visualized and represented via web application and mobile app keeping your focus only on decision making.
The Digital world has given rise to a new breed of influencers, opinion leaders, critics or in some cases just a voice wanting to be heard. It is a complex world and most times replete with jargon or terms which are not easily understood. Having said that, brands are built or (sometimes) destroyed overnight as opinions or experiences are floating freely for anyone who is willing to lend an ear.
In order words the digital world is a necessary evil and listening, tracking and most importantly measuring the impact on the brand has become very crucial and complex at the same time. Making sense out of the data on a common platform is also a huge challenge.
BuzzAngles focuses on measuring what is relevant along with detailed analytics on the brand. It keeps you informed about the dynamics of the digital medium, by Monitoring, Capturing and Analyzing the information. It delivers knowledge that can be visualized and represented via web application and mobile app keeping your focus only on decision making.
#Brands today are moving on to Digital Space where there experience more versatility. This medium is definitely viral where message moves at the speed of thoughts. Under such circumstances measuring and managing Brand Communication is crucial. Brands need to keep an eye on this Digital PR. BuzzAngles a Digital PR Measuring tool helps Brand Managers understand and Map how they are perceived in this Digital Space and how they stand in terms of their Competition
How does IPL franchises makes money 1.pdfdibyajyt14
The Indian sports equipment and apparel market value is estimated at $30 billion in 2023 and is expected to reach $43.80 billion by 2028. Every franchise sells its merchandise including jerseys, caps, wrist watches, wristbands and other items, through retail stores and receives a shares of the revenue collected from consumers.
PlaynBrag is a social media & social sports betting app that provides an immersive social experience for Sports Fans. Where friends & other social groups can bet against each other on live sport seamlessly online –
Players can set up or join social bets in an online social environment in under 40 seconds while also consuming & interacting on all of the latest content on their sport with our dedicated social media feed for each sport.
PlaynBrag Pitch Deck - Seeking investment to scale our Next Generation AppOisin Walsh
A social media & social sports betting app offering a fully immersive social sports experience where friends & other social groups can also bet against each other seamlessly on live sport
Where Fantasy Sports Meets Sports Betting - Playnbrag.comOisin Walsh
Where Fantasy Sports meets Sports Betting - Where friends can challenge each other on 10 different sports for Fun, Beer or Cash - with minimum hassle and fuss for 1 day, 1 weekend of sport, or longer.
Inside The Box Thinking (Thanks to Drew Boyd for his wonderful coaching and g...Deepak Soni
Thanks to Drew Boyd - A global leader in creativity and innovation, teaches us how he learned about Systematic Inventive Thinking and why he feels S.I.T. is the only innovation method that produces breakthrough results for individuals, corporations and governments.
I am really appreciating him and this ppt is made out of his teaching and book i gone through
We all welcome the Union Budget 2016-17 and consider it reformist budget aimed at creating strong base for economic growth.
The budgetary proposals are built on transformative agenda standing on nine (9) pillars, which could be regarded as facilitators to the various programs of national importance (7 programs) like Start-up India, Digital India, Make in India, Smart India, Stand-up India, Skill India and Clean India.
Recently Maharashtra Government announced/completed Make in India Week (13th to 18th February 2016) in Mumbai (MMRDA Grounds, BKC).
As a Visitor I have attended one day and extremely happy & satisfied with the event. It’s an India week of flagship event that is propelling the Indian Economy by forging enormous global engagement with Indian industry in the Form of partnerships and investments.
It has been set against the vibrant backdrop of the world’s fastest growing economy, Make in India week has showcased the potential of design and innovation and Sustainability across India’s focus sectors through a series of highly visible outreach initiatives in Mumbai. The week-long event is inaugurated by the prime minister of India
Project on SBI -
I would like to acknowledge a deep sense of gratitude to Mr. Hitesh Rawat, Senior Manager of State Bank of India at Kalbadevi Road, Mumbai for giving me the opportunity & time to work on this project and given me all vital input which has led to completion of this project. Without their guidance this project would have remained in pipe dream.
I am also thankful to State Bank of India employees, who directly & indirectly extended their co-operation and invaluable support to me
Provisions in Accounting & Prepaid ExpensesDeepak Soni
Accrual-basis accounting is a concept in which expenses are recorded when incurred, not when amount is paid.
1. ACCRUALS / PROVISIONS: All expenses incurred to generate revenues must be recognized in the same period as the related revenues.
A provision is an amount that you put in aside in your accounts to cover a future liability.
2. PREPAID: A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received in the near future.
Innovation happen when an Idea is implemented to create an impact.
It has three element:
1. Idea
2. Implementation and
3. Impact (Profit Companies – Higher Revenue or Lower Cost and Non-Profitable Companies – Other Criteria's of measurement)
1. Impact of Movie on the Culture of the country
2. Impact of Movies on the Tourism Industry
3. Impact of Movies on the Economy
4. Impact of Movies on Politics
5. Impact of Movies on Youth
6. Impact of Movies on Crime
7. Impact of Movies on Fashion
8. Role and Opportunities for CA
A Brief History of the Management Field:
1. OVERVIEW OF MANAGEMENT
2. THEORIES OF MANAGEMENT
3. ABOUT THE GODREJ ORGANIZATION
4. MANAGERIAL COMPETENCIES
5. SUPPORTING & CONCLUSION
The Pro Wrestling League (PWL) is the initiative of ProSportify owned by Kartikeya Sharma and Wrestling Federation of India, to be held in between 10–27 December 2015 in India. The first season of this league will be among 6 city-based teams, with 66 wrestlers from different countries of the world.
Dabur Chawanprash is the title sponsor of the first edition. The first season became very popular in India.
The winner of the first season was Mumbai Garuda.
• Story has been used to illustrate a range of truths and Misconceptions. It probably implies that one's subjective experience can be true, but that such experience is inherently limited by its failure to account for other truths or a totality of truth. At various times the parable has provided insight into the relativism, opaqueness or inexpressible nature of truth, etc.
• Behavior of experts in fields or Leader should be:- when there is a deficit or inaccessibility of information or confusion arose. Then need for communication arises and leader should listen to the views of their subordinate as well respect for their different perspectives.
• Because moral is “None of your Subordinate Knows Big Elephant”
Six Thinking Hats is a self-help book which describes a tool for group discussion and individual thinking involving six colored hats. "Six Thinking Hats" and the associated idea parallel thinking provide a means for groups to plan thinking processes in a detailed and cohesive way, and in doing so to think together more effectively.
Coloured hats are used as metaphors for each direction. Switching to a direction is symbolized by the act of putting on a coloured hat, either literally or metaphorically. These metaphors allow for a more complete and elaborate segregation of the thinking directions. The six thinking hats indicate problems and solutions about an idea the thinker may come up with.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
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how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
2. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
Brief intro…..
• The season commenced on the 18 April 2008 with the final match held
on 1 June 2008 and so far 8 different sessions has been completed.
• It was initiated by Lalit Modi, who served as the league's first Chairman
and Commissioner and Board of Control for Cricket in India (BCCI).
• In 2010, IPL became the first sporting event ever to be broadcast live on
YouTube.
• Its brand value is estimated to be more than US $ 8 billion in eighth
season (Estimated).
• It became the biggest competitor of multiplex in India.
3. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
TEAM PERFORMANCES
Notes: W = Winner; R = Runner-up; = Semifinals/Knockouts; DNP = Did not play/participate; TBC = To be confirmed
The 2015 season of the IPL offered a total prize money of ₹40 crore (US$6.0 million), with the winning team
netting ₹15 crore (US$2.3 million). The first and second runners up received 10 and 7.5 crores, respectively, with the
fourth placed team also winning 7.5 crores. The others teams are not awarded any prize money. The IPL rules mandate
that half the prize money must be distributed among the players
4. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
IPL - BUSINESS MODEL
5. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
BUSINESS MODEL OF IPL
6. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
BIDDING PROCESS OF BCCI
Announcement of
tender inviting bids
Potential franchises
submit bids
Bids for more than 1
city
Awarding of
franchises
Auction of players
Bid amount need to
be specified
Each squad
minimum 16 players
with max 4
international
4 Players under 22
from BCCI pool
7. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
TEAM CITY OWNERS PRICE (US$)
Year 2008
BRAND VALUE
Year 2015
CSK Chennai N. Srinivasan (India Cements) 91 million 72 million
DD Delhi GMR Group 84 million 40 million
KXIP Mohali Preity Zinta, Ness Wadia (Bombay Dyeing), Mohit
Burman (Dabur)
76 million 32 million
KKR Kolkata Shahrukh Khan (Red Chillies Entertainment), Juhi
Chawla.
75.9 million 69 million
MI Mumbai Mukesh Ambani (Reliance Group) 111.9 million 72 million
PW Pune Subrata Roy (Sahara India Pariwar) 370 million NA*
RR Jaipur Shilpa Shetty, Raj Kundra(UK Trade Corp Ltd) 67 million 45 million
RCB Bangalore Vijay Mallya (UB Group) 111.6 million 51 million
SH Hyderabad Sun TV Network 159 million 25 million
TEAM AUCTION
American Appraisal, a Mumbai based valuation firm has valued IPL at $3.2 Billion.
It has also predicted that league’s value will skyrocket to over $400 Billion by 2020
8. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
Auction of broadcasting right
(Sony entertainment for 10 Years at 500 Crore ($1.026 billion)
Sponsorship revenue are directed to a central pool - 20% to IPL, 72% to Franchises & 8% serving as the prize money
Title sponsorship and corporate sponsorship
[DLF-5 Year at 250 Crore ($ 50 million) and Now Pepsi at 397 Crore ($ 66 million)]
Sponsorship revenue are directed to a central pool - 40% to IPL, 54% to Franchises & 6% serving as the prize money
Auction of franchises rights
Sale of tickets (20% allocated to IPL)
Official umpire sponsorship
REVENUE SIDE OF BCCI
9. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
REVENUE / EXP SIDE OF FRANCHISEE
1. Share in revenue from broadcasting rights / Media rights :- To be shared
among the franchisee after removing IPL’s shares. (80:20 Ratio)
2. Share in the sponsorship money / Sponsorship rights :- 60 % amount collected
to be distributed equally amongst the franchisee
3. Share in revenue from sale of tickets / Gate receipts :- Major source of
revenue, 20% are allocated for IPL.
4. Other Revenues:
1. Revenue from in-stadium advertising
2. Revenue from own sponsorship
3. Sale of players to other franchises.
Main expenses Franchisees have to bear
1. Franchise fee to IPL
2. Player Acquisition cost
3. Stadium hire charges
4. Team costs (Coach, travel, insurance, office,
other expenses)
5. Marketing/ Promotion costs
10. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
REVENUE SIDE OF BROADCASTING
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1 to 3 4 to 5 6 to 10
broadcastingRevenuein%
years
teams gets
BCI gets
11. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
REVENUE SIDE OF PLAYERS
Contract Price – as per basic Agreement
Prize Money – Winning of match
Bonuses at which team finishes
Daily allowance
12. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
IPL – ECONOMICS &
SWOT ANALYSIS
13. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
SWOT ANALYSIS OF IPL
STRENGTHS
1. Short span i.e., 2 ½ hours therefore fast-
paced and exciting
2. Can be played on a weekday evening or
weekend afternoon
3. Very appealing as a mass sport as a
spectator sport as well to TV audiences.
4. Revenue is maximized
WEAKNESSES
1. It is the verge of damaging the game that
generated it.
2. Stakes are very high!
3. Some teams have overpriced their
advertising/sponsorship in order to gain some
short-term returns
OPPORTUNITIES
1. Large potential mass audience is very attractive as a
marketing opportunity, especially for advertisers and
sponsors.
2. The long-term success of all of the franchises lies in
the generation of a solid fan-base who will generate
large TV revenues.
3. Different markets and revenue sources will emerge
for IPL.
4. Huge opportunity for merchandising.
THREATS
1. Maintaining the level of competition and interest in
IPL or else the revenue will fall.
2. It won't be a quick return on investment - so
owners need to be in it for the long-term.
3. Franchises are very expensive. Therefore breaking
even will also take time.
4. The most highly priced teams may not be those
that have the early success. Revenues will come from
the most highly supported teams.
14. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
Q: How does IPL make money?
1. Auction of broadcasting rights
2. Title sponsorship and corporate sponsorship
3. Sale of tickets (20% of tickets allocated to IPL)
4. Auction of franchisees rights
5. Official umpire’s sponsorships
Q: How is the IPL income distributed?
1. Share of broadcasting money with franchisees
2. Share of sponsorship money with franchisees
3. Share of ticket money with franchisees
4. Inauguration expenses
5. Prize money: $5 million ($3 million for winner; $2 million divided among others)
Economics of the Indian Premier League
Continued….
15. Internal Circulation Purpose – All data taken from different websites. It is useful for personal usage
Q: What are the sources of income for an IPL Franchisee (ROI)?
1. Share in revenue from broadcast rights (equal share for all franchisee after IPL’s share)
2. Share in sponsorship money (60% of the amount distributed equally)
3. Share in revenue from sale of tickets
4. Revenue from in-stadium advertising
5. Sale of players to other franchisee
6. Revenue from own sponsorship and corporate sponsorship
Q: How is the Franchisee income distributed?
1. Franchisee fees – 10% of total franchisee costs every year to IPL
2. Players’ cost (Each franchise have paid around $4-6 million per year)
3. Match fees and Inauguration expenses
4. Rent of stadium (expense of around Rs.2.5mn per match)
5. Marketing and promotional cost (around $3-4mn per team)
6. Fee for coaches, physiotherapists and other members.
7. Administrative cost
Economics of the Indian Premier League
Key Challenges faced in respect of Accounting and Taxation of IPL