Indian Premier League (IPL) franchise Kolkata Knight Riders (KKR) is considering investing in “The Hundred” league which is a new tournament founded by the England and Wales Cricket Board (ECB). The league was scheduled to inaugurate this year in July but has postponed to next year because of the coronavirus pandemic.
The unprecedented virus has halted all the entertainment across the world. IPL 2020 has been postponed indefinitely and repercussions of that will be also faced by the Board of control for Cricket in India (BCCI). ECB was all set to introduce the new league in which eight teams will participate. The board had also drafted the names of some overseas players but the virus had played spoilsport. Thus, according to ECB CEO, the board will have to face some major losses.
“We anticipate the cost of no cricket this year could be as bad as 380 million pounds. That is the worst-case scenario for us,” ECB CEO Tom Harrison told the UK government’s Digital, Culture, Media and Sport committee about the impact of coronavirus.
“That would be the loss of 800 days of cricket across all of our professional clubs and the ECB. It is the most significant financial challenge we have ever faced.”
KKR’s joining can play an important role in “The Hundred”
As reported by the newspaper “The Telegraph”, Shah Rukh Khan co-owned KKR are open to investing in the 100-ball a side competition. The new league was described as a “profit centre” for cricket that was expected to add 11 million pounds of revenue to the game in its first year.
ECB had also ordered that no cricket will be played before July. Well, there is no certainty whether the game will resume after July or not because of the novel virus.