Terror threat may end dream of IPL riches

Television rights deals alone are worth $1 billion (about £708 million) and income from merchandising and gate receipts are vital to the eight regional teams, which have invested $720 million in their franchises buying star players from around the world, but which have racked up financial losses from the inaugural tournament last year.
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The patience of the tycoons bankrolling the series, such as Mukesh Ambani, India’s richest man, who bought Mumbai Indians for £112 million and has since taken a battering on the Mumbai stock exchange, will soon wear thin unless they get rapid assurances that the tournament is guaranteed to offer a return on their ambitious investments.