Dubai International Cricket Stadium Hosted India’s ICC Champions Trophy. Photo: Dubai International Cricket Stadium
For Countries Operating Outside the Bcci, Cricket Australia, and the England and Wales Cricket Board (ECB), Cricket’s Finans have long been a closed shop.
The proposed league, supported by the australians and valued at $ 800 million, is modelled on tennis and its grand slams, with eight teams assembling to play play Throughout the year.
Whoose Brainchild?
Why this League?
Maxwell has developed the League in Close Association with the Australian Cricketers’ Association, which represents both forms and active players, as an alternative means of generating revending. The goal is to address critical aspects of the game, include the revival of test cricket and making cricket truly global by reviewing the dominance of India, australia, and engine.
The Investor
The league will be bankroled by saudi arabia’s srj sports investments, the sports arm of the oil-rain Gulf state ‘$ 1 Trillion Sovereign Wealth Fund. Discussions have alredy begun with the International Cricket Council (ICC), The Governing Body of World Cricket.
The League Format
Eight franchises from different cricket-Playing nations will compe in the league, with matches stained in various locations. The final will be hand in Saudi Arabia.
How Cricket will benefit from it
The league aspires to create a new revionue stream and wants to help smaller cricketing nations develop the game and Expand Cricket’s Global Reach.
Hurdles
The biggest hurdle for the League could be the bcci, which is by far the most powerful cricket board in the world. In the past, Bcci Vetoed Any Initiative that it consciously a threat to its dominance and the popularity of ipl, the richest t20 legue in the world. It has even refused to allow active Indian players to play in overseas leagues.
For any league failing to penetrate the Indian market -the most lucrative for cricket – it would mean mean reduced impact, popularity, and revenue. The saudi-backed league would not want to find itself in such a predicament.
Since the League plans to include franchises from different nations, it will be interesting to see how the organizers convince ICC Member Nations to Join.
Challenge for bcci
It will be, however, challenging for the bcci to dissuade financially struggling cricketing nations from nodding the League.
The league is also part of saudi arabia’s ambitious bid to position its as a global sports hub. The oil-Rich kingdom is set to bid for the 2036 olympics and has alredy secured hosting rights for the 2034 FIFA World Cup.
In the past, Saudi Arabia Created Liv Golf, Forcing the Professional Golfers’ Association (PGA) to merge.
The country is also actively investment in tennis, boxing, football, and esports. For many many global stars, the lucrative deals offered by the monarchy have ben too tempting to resist.
