Indian Premier League gained contracts from Saudi Arab

Indian Premier League

More money came to the house of Indian Cricket. This is the first time that a government body from another country has become the sponsor of the Indian League. The BCCI vice-president announced the new deal on Wednesday.
The Indian Cricket Board is about to get richer. Recently, about 5670 crore rupees have come to the fund of BCCI due to women’s tournament. New sponsor board for Men’s IPL this time.

The Tourism Department of the Government of Saudi Arabia joined hands with the Indian Cricket Board. One of the sponsors of the Men’s IPL is the Middle East Government Organization. Indian Cricket Board vice-president Rajeev Shukla informed this news on Wednesday. This is however the first time that a foreign government organization has sponsored the Indian Premier League. Shukla wrote on social media,

“Today Saudi Arabia Tourism Authority joined hands with Indian Cricket Board as one of the sponsors of IPL. Cricket relations between the two countries will be stronger in the coming days. Board President Jai Shah announced the new deal in the presence of Saudi Arabia Tourism Authority President, Board Treasurer Ashish Sheller and myself.”

Contract Money with Indian Premier League not disclosed yet

The amount of the contract with the government agency of Saudi Arabia was not disclosed. The 2023 IPL may begin at the end of March. The team has secured 10 franchises in the auction last December. Punjab Kings bought England’s Sam Curren for 18.5 crores. He is the most expensive cricketer in the history of IPL.

Women’s IPL also earned better than expected revenue for the Indian Cricket Board. BCCI sold broadcasting rights for Rs 1000 crore. Five franchises of women’s IPL have been sold for Rs 4669.9 crore. The main sponsor of the Men’s IPL is the Tata Group. Reliance Group has been involved with IPL since its inception. Adani Group buys women’s Ahmedabad franchise for Rs 1289 crore In other words, the country’s top three private multinational organizations have already been associated with Indian cricket. This time a foreign government organization also invested in Indian cricket.
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