Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Monday, March 22, 2010

IPL Expands… But Why?

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The Indian Premiere League (IPL) is expanding. Two more teams, Kochi and Pune have been added for the next season of the most lucrative Cricket league, the Indian Premiere League (IPL). This means that the Indian Premiere League 4 will feature 10 teams and the number of matches will be increased from 60 to 94.

IPL or the Indian Premiere League has been phenomenal in terms of its Impacts on Cricket . However, the IPL has created enough doubts over the future of Test, ODIs cricket. Money, obviously, has been the biggest motive behind the success of Indian Premiere League (IPL). And the new bids for Pune and Kochi have shown the financial power of IPL.

The Sahara Group won the bid and bought the Pune team for a huge amount of US$ 370m (Indian Rs. 168,275,82923), to buy the most
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