Friday, 25 April 2014

Business Proposition in shifting IPL7 to UAE


Match fixing allegations has taken away sheen off the IPL (Indian Premier League) that was riding high on people’s frenzy for cricket. Once considered a gentlemen’s game, cricket no longer invoke such credentials. Neither the players nor the owners of the various franchises hence forth are regarded as promoters of game. The IPL is now an organised business strategy and an entertainment contrivance to enthral cricket fanatics’ world over. Especially the inconsistencies of team performances leave us astonished. It is incredible how a team posting an extremely unrealistic high runs on score board on one day gets dismissed at bizarrely low score the next day. May be the unpredictability is main cache attracting some while others simply thrash it for its incongruence.
The initial few seasons of IPL were a big hit as the broadcasting services and media made huge money but slowly the interest had waned. These matches used to make a big dent on viewership of other channels as well. With the result, other channels were even forced to reschedule their entertainment programmes during the prime time on match days.  But with attested evidence of involvement of bigwigs and players in the match fixing cases in the IPL 6 people developed an indifferent attitude towards the IPL as such. It has kind of lost its credibility. This year the palpable frenzy is missing due to allegations of spot fixing, money laundering, betting and termination of franchises.
IPL started in 2008 is touted for its biggest commercial success. It is held annually during the months of April to June in India. When IPL-2 in 2009 clashed with the general elections the match venues were shifted to South Africa. This year again IPL extravaganza had to  be moved out of India, as the Union home minister expressed his inability to provide security for the matches as it clashed with election dates. There were several places on cards- South Africa, Bangladesh, UAE and Sri Lanka as favoured venues. But then it was decided that IPL would be conducted jointly in India and UAE with the first spell of 20 matches from April 16th to 30th  to be played in UAE at three different venues- Sharjah, Dubai and Abu Dhabi each having seating capacity of around 25 thousands. The second spell would be played in India from May 2nd to June 1st except in May 16th which is the counting day. The crucial decision of selecting the venues had lot of business implications for the cash rich IPL body.
A number of issues have been taken into consideration to ferret out best returns in business. But the first question is why did South Africa fail to garner sufficient support to pull IPL to its turf when it has successfully conducted IPL 2? Unconfirmed reports indicate that Cricket South African has demanded Rs 150 Crores to host the event while UAE obliged to host it for Rs 60 Crores. Besides the money aspect, weather conditions and the time zone are different. A difference in timings might definitely hit the viewership hence the option was discarded.
But by choosing UAE, IPL has enhanced its prospects of making more business. UAE falls in similar time zone and the weather conditions during this part of year are almost same. The atmosphere and pitches would be similar leaving little scope for franchises to complain.  While it is known fact that UAE has the highest population of Indians abroad, hence IPL can milk the cricket crazy Indian expats. Its treasuries will be guaranteed a steady inflow of revenue too. By stretching itself to UAE it has increased its propensity of finding more sponsors for the event. As evident from the crowds from the completely packed stands in all of the matches, IPL seems to have stuck gold. The response of the crowd is amazing and the entertainment hasn’t sizzled out unlike in South Africa where most of the stands were empty. Further since UAE isn’t much far from India, fans can attend the matches and watch their favourite teams in action.

No wonder with interest in IPL ebbing in India, organisers should seek greener pastures to keep both its commercial promise and charisma alive. Indians who have become globe trotters in recent times are known to be movie buffs and cricket freaks. Enthused by a positive response for IPL7 in UAE it may not be preposterous to expect future editions of IPL on foreign soil. India International Film Festivals so far have been patronised by Indian movie lovers settled abroad. It shouldn’t be startling if IPL organisers too take the same route.....


 
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