Global T20 League: Given the success of the IPL, now the trend has started to generate revenue through the T20 League and give players an opportunity to perform. Saudi Arabia is preparing to start an ambitious Global T20 League through its $ 1 trillion wealth fund. The project, led by Australian cricketer Neil Maxwell and supported by SRJ Sports, comes after a Grand Slam tennis event. In which a global T20 league will be played with a league of eight teams. Which country will give its franchise? The matches of this league are likely to be held at four places.
Discussion with ICC
According to the Australian daily newspaper The Age, a tennis-inspired league with eight teams wants to host the T20 league at four different places this year. Saudi Arabia’s SRJ Sports Investments have started discussing with the International Cricket Council (ICC) for a trillion dollar investment.
The Australian player prepared a plan.
Anu Neil Maxwell, the manager of former Australian cricketer and Australian captain Pat Cummins, prepared a plan on this concept last year. He is also a former member of the Australian Cricket Association and Cricket New South Wales. The report further states that many investors are ready to support the league, with Saudi Arabia the largest, which is ready to spend $ 500 million for it.
The purpose of this tournament is to earn extra money.
The purpose of this tournament is to generate additional revenue, which will be used to create Test cricket to create a permanent format for three big teams-India, Australia and England as well as other countries. However, playing the Global T20 League will require the approval of the ICC and the National Cricket Board. Apart from this, the Board of Control for Cricket in India (BCCI) will also have to lift the ban on the participation of Indian players in the T20 League besides IPL.
In this competition, the Grand Finals can be held in Saudi Arabia, based on countries adopting the game, new franchise as well as new markets. The League will require the approval of the ICC, whose Jai Shah is the president and was the first secretary of the Board of Control for Cricket in India. Their presence can also play an important role in approving the participation of Indian players by the BCCI, as Indian players who have not retired are banned from participating in any franchise tournament other than IPL.
