ECB's financial projections for 'The Hundred' not realistic: Lalit Modi
The England and Wales Cricket Board (ECB)'s financial projections on the profitability of its pet project 'The Hundred' is largely "disconnected from reality" reckoned Lalit Modi, who conceptualised the vastly successful Indian Premier League (IPL) in 2008.
Modi had little doubt that The Hundred will never be able to attain the international audience like the mega-hit IPL.
The ECB is looking at potential Indian investors with deep pockets, preferably owners of IPL teams, who have stakes in other global leagues.
But the former IPL commissioner's series of tweets with charted numbers showed that none of The Hundred franchises can be valued at anything between GBP 5 million to 25 million, let alone USD 1 billion.
The ECB's financial projections for The Hundred, particularly beyond 2026, appear overly optimistic and disconnected from reality. The International TV rights figures make little sense, given the global competition from other cricket leagues like the IPL.
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