Shoaib Akhtar 'disappointed' over Sri Lanka players opting out of Pakistan tour

Agencies
September 12, 2019

Sept 12: Former pacer Shoaib Akhtar has expressed disappointment over the decision of Sri Lankan players to opt out of their tour to Pakistan for the upcoming ODI and T20I series.

Akhtar took to Twitter to write: "So disappointed with the 10 Sri Lankan players who have pulled out of Pakistan tour. Pakistan has always been a huge support for SL cricket. Recently after deadly Easter Attacks in SL, our Under-19 team was sent on tour there, being the first international team to volunteer."

On September 9, ten Sri Lankan players chose not to participate in the series. They were Lasith Malinga, Niroshan Dickwella, Kusal Janith Perera, Dhananjaya De Silva, Thisara Perera, Akila Dhananjaya, Angelo Mathews, Suranga Lakmal, Dinesh Chandimal, and Dimuth Karunaratne.

In another tweet, Akhtar said they expect reciprocation from Sri Lanka.

"And of course who can forget the 1996 World Cup when Australia & West Indies refused to tour Sri Lanka. Pakistan sent a combined team with India to play a friendly match in Colombo. We expect reciprocation from Sri Lanka. Their board is cooperating, players should also," he tweeted.

The series is slated to commence from September 27 when Pakistan will face Sri Lanka for the first ODI.

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News Network
March 22,2024

IPL.jpg

The start of the world’s most lucrative cricket tournament in India is presenting investors with another big opportunity to cash in on the sport, months after the world’s most populous nation hosted the Cricket World Cup.

The eight-week long Indian Premier League begins March 22 for its 17th season. Since its inception, the fast-paced cricket tournament has become a corporate juggernaut to rival the National Football League in the US and the English Premier League in value.

Just as October’s Cricket World Cup boosted consumption in India for months, fans are expected to flock to restaurants, pubs and food delivery platforms over the duration of the tournament. This year’s IPL also coincides with general elections that will last for six weeks starting April 19, a period when companies are expecting higher food and drink sales as people flock to rallies and other events.

“There’s going to be a lot of spending,” said Madan Sabnavis, chief economist at Bank of Baroda. “IPL, as well as the election, gives a three-month corridor with enhanced economic activity.”

Stocks in India such as McDonald’s franchise operator Westlife Foodworld Ltd. and peer Sapphire Foods India Ltd. gained ahead of the first match on Friday, as well as hotels and beverage makers. Packaged-food companies could also stand to benefit from the IPL craze, said Sachil Bobade, an analyst at investment firm Dolat Capital Market.

The IPL ecosystem was valued at $11 billion (Rs 91,721 crores) in 2023, including the value of media rights and sponsorships, according to Indian valuation consulting firm D&P Advisory.

The league is also attracting record sums of money from sponsors and broadcasters. Conglomerate Tata Group won the title sponsorship rights of the tournament in January for a record 25 billion rupees ($300 million). Billionaire Mukesh Ambani’s media venture secured the digital streaming rights in 2022 for five years for $2.7 billion, while Walt Disney Co. paid roughly the same for TV rights.

“There was a serious amount of bidding even this year,” said Vinit Karnik, head of entertainment, esports and sports at media agency GroupM South Asia. “I see growth in IPL in double digits year-on-year,” he adds.

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