IPL 2020: Franchisees may sign new contracts with investors

August 20, 2020 ,
IPL 2020: Franchisees may sign new contracts with investors


The corona virus has had a negative impact on the country's economy. One economic institution after another of the country has collapsed due to the shock of Atimari. The franchises participating in the IPL are also suffering from financial problems. Because the cost of the teams has fallen a lot due to the corona virus. So they started thinking of alternatives.
  1.                                                                According to sources, the value of franchises participating in the IPL has dropped by 10 to 20 per cent due to the corona virus. In this situation, some parties have suggested revaluation with old investors. Sources also said that some franchisees have started the process of signing contracts with new investors to handle the situation.
This year's IPL is outside India due to corona virus. As a result, franchises participating in the tournament will be deprived of Get Money. At the same time, the BCCI's relationship with Chinese company Vivo has been severed for a year due to political controversy.

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