Skip to main content

Saudi Prince Mohammed bin Salman, IPL Plan to invest in series.

Saudi Crown Prince Mohammed bin Salman's advisers are in talks with Indian government officials to turn the Indian Premier League (IPL) into a $30 billion holding company.

Saudi Prince Mohammed bin Salman, IPL  Plan to invest in series.
Saudi Prince Mohammed bin Salman,

IPL is the richest cricket league in the world and its value has been rising in recent years. In 2022, IPL's media rights were sold for $6.2 billion for five years.

Saudi Arabia is reportedly keen to invest $5 billion in the IPL, which would also help expand the league to other countries.

Talks between Saudi Arabia and India are still at an early stage and it is not clear when an agreement will be reached. However, if the deal goes through, it will be a major coup for both the IPL and Saudi Arabia.

The IPL is already one of the most popular sporting events in the world and Saudi investment will help it grow further. For Saudi Arabia, investing in the IPL is a way to boost its soft power and image abroad.

It is worth noting that the Indian government has not yet officially commented on the talks and the deal may be scrapped. However, all the talks are a sign of growing interest in the IPL among global investors.

According to the negotiations held at that time, Saudi Arabia expressed interest to invest 5 billion dollars i.e. Rs. 41,500 crores in the IPL league like the English Premier League or the European Champions League. It is said that this will help in expanding these competitions to other countries as well. 

The BCCI is also expected to invite the proposal next year as the Saudis are keen to apply the necessary pressure to implement the IPL investment deal.

Comments

Popular posts from this blog

Today gold price April 2025

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold.  Today's Gold Silver price Updated on 05th April 2025 What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 22ct 1 gm ₹8,310/110⬇️ 24ct 10 gm ₹91,600/1400⏬ 1 gm silver103,00/R5⬇️ 1kg Bar silver ₹90,700 /5300 ⏬ Trading gold silver market live USDINR Rates by TradingView GOLD Quotes by TradingView SILVER Quotes by TradingView The purity of gold is measured in carats, with 24 c...

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history   Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...

FADF monitors the Indian jewelery industry

FATF says India's jewelery industry needs to be monitored,     Risks being used to finance terrorism  NEW DELHI, France-based financial watchdog FATF has warned that high-volume transactions in India's gems and jewelery sector are likely to be used as tools for money laundering and terrorist financing. In this regard, the organization's statement said As the trade in navarat gems and gold jewelery has grown in India, there is a risk of their smuggling and black money transactions also increasing. Removal of ban on gold loan to IIFL Mumbai, 'I.I.F. RBI has removed restrictions imposed on the gold loan business of L. Finance, the company said.  I.I. F. RBI had imposed restrictions on the gold loan business of L. Finance Company on March 4. They have now been withdrawn, the company said in the stock exchange. Through this, the company has been allowed to engage in gold loan business again. monitoring In this sector, there are about 1.75 lakh distrib...