The Bihar State Badminton Association has announced the names of the players selected for the East Zone Inter State Badminton Championships 2015 to be held at Jalpaiguri. Good luck to all the players and the Bihar teams.
Economic Times reported earlier today that Indian Badminton League’s inaugural edition ended with the co-organisers Sporty Solutionz reporting 25 Crore loss! Here are some of the interesting facts and data listed in that article.
Tickets Sold, 1.2 Lakhs
Total Reach, 21.7 Million
Yearly Investment by each team, 5 to 8 Crores
Total Expenses, 85 Crores
Total Revenue, 60 Crores
Total Loss, 25 Crores
We took a closer look at the details and realized there were quite a few interesting points to note, but many of them without any clarity or transparency.
Add two more teams
Increase the sponsors
Host in bigger venues
Bullish but Selling 15% ??
Ashish Chadha, the CEO of Sporty Solutionz has stated that every one is excited about the success of IBL and is bullish about the future of IBL. At the same time he has also stated that he plans to sell 15% of his stake in IBL.He has also decided not to organize IBL next year.
IBL Article on Economic Times
These contradicting statements are confusing everyone. I guess the need of the hour is for Sporty Solutionz to increase the transparency of the league by making sure all the numbers are published officially on their website with details on the revenues and expenses.
The International Olympic Committee (IOC) has maintained its stand not to allow India in the Olympics as a team, if India did not change its policies related to electing the officials to represent India in the Indian Olympic Assoication (IOA).
The issue behind this is simple: IOC feels that if any official is chargesheeted in a case, they should be allowed to contest for a post in IOA. (It might turn out that most of our politicians might not be able to contest in that case!). IOA is going by ‘rule of the land’, which does not restrict any one at such a blanket level. Hence the dispute.
The worst case scenario is that India cannot send a team to the Olympic games, but the players can request to be allowed to compete under the Olympic banner. Such a scenario might spell doom for many Indian badminton players (and other sports persons) as it will impact the sponsorships, long term plans, etc.
While the elections for IOA are due before the end of this year, lets hope that some one will step in and make sure this stalemate is resolved.