IPL 2021 Tickets Update: IPL Chairman Brijesh Patel announced that there will be no spectators for the IPL 2021 edition. Before that it was saying that the 14th edition of Indian Premier League will be played with 50% spectators in the stadiums but due to pandemic and after the postponing of Pakistan Super League (PSL) due to Covid-19, it has been decided that the IPL 2021 will see no spectators.
Due to the decision, the franchises may lose 25 to 35 Crore each. This is the second year of IPL that there is no ticket revenue for each franchise. Check out what franchises have to say on this:
“Yes, after last year’s loss, we are a bit worried about this year’s revenue loss as well. I would say the loss could be around Rs 25 crore. But more than that we are going to lose our fans. That’s our biggest concern,” CSK CEO Kashi Viswanathan said
Brijesh Patel confirmed that spectators will not be allowed for the entire duration of IPL 2021.
“Yes, I can confirm that there will be no spectators allowed for this season. Not for a single match. We will have a Governing Council meeting in the next two days to ratify these decisions. The decision to take Mumbai as a venue was difficult. But we believe things will improve. But we are keeping our options open (to opt for a replacement venue in case the situation goes out of hand,” Said Brijesh Patel
With this decision, IPL franchises will lose on direct ticket sales revenue which is 24 to 25 Crore for each franchise and rise up to 40 Crore for popular teams like Mumbai Indians. Secondly, the sponsorship companies cannot activate themselves with the crowds in the stadiums, so they will ask for the discount on this matter.
However, some teams are still hoping that the situation will get better eventually and later BCCI may allow fans to the stadium at a later stage of the IPL 2021.See what Punjab Kings CEO Staish Menon has to say on this matter “We are still discussing with IPL and BCCI to find a solution. We hope and pray things get normal and some spectators are allowed in the later stage. We had spectators in the Test matches as well. So lets see, things might change. So putting a figure at this stage will be premature.”