SportsTime
  • Cricket
  • Cricket World Cup 2023
  • Football
  • Other Sports
  • Events
    • Major League Soccer 2023
    • Cricket World Cup 2023
    • EPL 2023-24
    • Big Bash League 2023
    • CPL 2023
    • Asia Cup 2023
    • The Hundred 2023
    • MLC 2023
  • Fantasy Tips
No Result
View All Result
SportsTime247

Reports: Saudi Arabia proposed to invest 5 Billion Dollars in IPL

Saudi Arabian Crown Prince Mohammed bin Salman's confidants held talks with Indian government officials, the report said.

Chaithanya Gulapalaby Chaithanya Gulapala
Reading Time: 2 mins read
November 3, 2023
240
VIEWS
Share on FacebookShare on Twitter
Saudi Arabia interested in IPL

Saudi Arabia interested in IPL (Photo - Twitter)

In 2007, following India’s triumph in the T20 World Cup 2007, the Board of Control for Cricket in India (BCCI) had a hunch that the IPL would be a massive blockbuster among the fans from every nook and corner of the country. Notably, their intuition was right as India’s premier T20 competition was received well by the cricket fraternity. Fans had the privilege to relish the nuances of the game that has completed 16 editions so far.

IPL has become the most-watched franchise cricket tournament in the world. Moreover, the IPL is known to attract top cricketers from across the world, offering a great platform for international or overseas stars to express themselves, thereby promoting aggressive and entertaining gameplay. This is precisely the reason why this global representation improved the competitive spirit and fan engagement as well.

Saudi Arabia proposed to invest 5 Billion Dollars in IPL, as per reports

If the reports doing the rounds are to be believed, Saudi Arabia have expressed their willingness to cash in on a multibillion-dollar stake in cash-rich IPL, although there has been no official update regarding the same. As per Bloomberg News outlet, Saudi Arabian Crown Prince Mohammed bin Salman’s confidants already held advanced talks with the Indian government officials and it seems that the Gulf nation is trying to get some leads.

The report went on to add that the discussion was all about moving the lucrative IPL into a holding company estimated at as much as $30 billion. As per the report, the potential discussion took place when Mohammed bin Salman visited India in September and they are keenly interested in putting forward a colossal investment of $5 billion into the IPL in a bid to augment the league to other countries.

WATCH VIDEO: Shreyas Iyer’s 106M Six almost hits Dhanashree Verma and Yuzvendra Chahal in stands

IPL has successfully completed sixteen seasons since its inception in 2008. The world’s most-watched T20 franchise cricket league has generated a staggering revenue through ticket sales, sponsorships, merchandise, advertisements and broadcasting rights. Chennai Super Kings and Mumbai Indians are the most successful teams in IPL. The two heavyweights won five IPL titles apiece. Kolkata Knight Riders won two titles whereas the likes of Rajasthan Royals, Deccan Chargers (now-defunct), Sunrisers Hyderabad and Gujarat Titans won a title apiece.

Tags: Indian Premier LeagueIPLSaudi Arabia
Chaithanya Gulapala

Chaithanya Gulapala

My passion for Cricket, Football, and Tennis knows no bounds. I have been working as a Cricket News Writer for the past seven years. My goal is to build a successful and fulfilling career with SportsTime247.

Related Posts

Ross Taylor Shocks Cricket World; Comes Out of Retirement to Play for New Country in T20 World Cup Qualifiers
Cricket

Ross Taylor Shocks Cricket World; Comes Out of Retirement to Play for New Country in T20 World Cup Qualifiers

by Chaithanya Gulapala
September 5, 2025
Asia Cup 2025 Prize Money Revealed: How Much Will India Earn if They Defend Their Crown?
Cricket

Asia Cup 2025 Prize Money Revealed: How Much Will India Earn if They Defend Their Crown?

by Chaithanya Gulapala
September 4, 2025
WATCH: Ryan Rickelton Produces a Moment of Magic with Stunning Catch to Dismiss Joe Root in Headingley ODI
Cricket

WATCH: Ryan Rickelton Produces a Moment of Magic with Stunning Catch to Dismiss Joe Root in Headingley ODI

by Chaithanya Gulapala
September 3, 2025
WATCH: Power-Hitting Giant Kieron Pollard Smacks 7 Sixes in 8 Balls in CPL 2025
Cricket

WATCH: Power-Hitting Giant Kieron Pollard Smacks 7 Sixes in 8 Balls in CPL 2025

by Chaithanya Gulapala
September 2, 2025
Ravichandran Ashwin drops a huge hint about his post-IPL future
Cricket

Ravichandran Ashwin drops a huge hint about his post-IPL future

by Chaithanya Gulapala
September 1, 2025
Sanjay Manjrekar Breaks Silence on 2019 'Bits and Pieces' Remark About Ravindra Jadeja
Cricket

Sanjay Manjrekar Breaks Silence on 2019 ‘Bits and Pieces’ Remark About Ravindra Jadeja

by Chaithanya Gulapala
August 30, 2025

Latest

Ross Taylor Shocks Cricket World; Comes Out of Retirement to Play for New Country in T20 World Cup Qualifiers

Ross Taylor Shocks Cricket World; Comes Out of Retirement to Play for New Country in T20 World Cup Qualifiers

September 5, 2025
Asia Cup 2025 Prize Money Revealed: How Much Will India Earn if They Defend Their Crown?

Asia Cup 2025 Prize Money Revealed: How Much Will India Earn if They Defend Their Crown?

September 4, 2025
WATCH: Ryan Rickelton Produces a Moment of Magic with Stunning Catch to Dismiss Joe Root in Headingley ODI

WATCH: Ryan Rickelton Produces a Moment of Magic with Stunning Catch to Dismiss Joe Root in Headingley ODI

September 3, 2025
WATCH: Power-Hitting Giant Kieron Pollard Smacks 7 Sixes in 8 Balls in CPL 2025

WATCH: Power-Hitting Giant Kieron Pollard Smacks 7 Sixes in 8 Balls in CPL 2025

September 2, 2025
Ravichandran Ashwin drops a huge hint about his post-IPL future

Ravichandran Ashwin drops a huge hint about his post-IPL future

September 1, 2025
Sanjay Manjrekar Breaks Silence on 2019 'Bits and Pieces' Remark About Ravindra Jadeja

Sanjay Manjrekar Breaks Silence on 2019 ‘Bits and Pieces’ Remark About Ravindra Jadeja

August 30, 2025
Sachin Tendulkar finally shares his true feelings when asked about Steve Bucknor

Sachin Tendulkar finally shares his true feelings when asked about Steve Bucknor

August 29, 2025
South Africa legend AB de Villiers drops a major hint at RCB return ahead of IPL 2026

South Africa legend AB de Villiers drops a major hint at RCB return ahead of IPL 2026

August 25, 2025
7 Records Of Captain Cool MS Dhoni That May Never Be Broken in Cricket

7 Records Of Captain Cool MS Dhoni That May Never Be Broken in Cricket

August 24, 2025
WATCH: Rohit Sharma Gives Thumbs Up to a Fan in Mumbai Traffic

WATCH: Rohit Sharma Gives Thumbs Up to a Fan in Mumbai Traffic

August 23, 2025

News-Topics

Fantasy Tips

Latest News

Cricket News

Football News

Other Sports News

Events

IPL

The Hundred 2023

Caribbean Premier League 2023

English Premier League 2023-24

Asia Cup 2023

Big Bash League 2023

The Ashes

Site Links

Contact us

About us

Join us

Privacy Policy

Disclaimer

Terms & Conditions

Sitemap

Follow us

© 2021-23 Sportstime247.com All rights reserved

No Result
View All Result
  • Cricket
  • Cricket World Cup 2023
  • Football
  • Other Sports
  • Events
    • Major League Soccer 2023
    • Cricket World Cup 2023
    • EPL 2023-24
    • Big Bash League 2023
    • CPL 2023
    • Asia Cup 2023
    • The Hundred 2023
    • MLC 2023
  • Fantasy Tips

© 2020-23 Sportstime247