The Board of Control for Cricket in India (BCCI) has hired one of the prestigious accounting firms, KPMG to get advice on the media rights for the Indian Premier League (IPL), as per The Indian Express report.
According to an official, the board is expecting around Rs 30,000 crore from media rights for the next five-year cycle from 2023-2027 and the KPMG will be there to guide them in the tender process.
The current deal with Star India, TV and digital which will expire next year is worth Rs 16,347.50 crore.
The BCCI had earlier in a press release had stated, “The IPL Media Rights tender for the cycle 2023-2027 will be released immediately after the appointment of two new IPL teams which is scheduled to be announced on 25th October 2021.”
The discussions are on as to whether to go for e-auction or choose a closed bid. The tender for IPL media rights is expected to be out soon.