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Modi eyes extra revenue through IPL carnivals
 

Indiantelevision.com Team

(3 April 2010 3:30 pm)

 

MUMBAI: The Indian Premier League (IPL) is eyeing additional revenue by holding exhibition matches overseas from next year, which will be the icing on its over one-billion dollar domestic business.

IPL chairman and commissioner Lalit Modi has said that all teams will play 4-5 matches a year at overseas venues. These matches will be beyond the season, contributing to more in IPL's money bag.

Modi has also said that there are no plans of going in for an initial public offering (IPO) as the T20 property is generating enough revenues.

 
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