Save our cricket team
BCCI’s annual revenue projected at Rs 500 crore (Information Courtesy: Times network)NEW DELHI:
The value of the Indian cricket team has been pegged at Rs 1,200-1,500 crore by an Ernst & Young and ET analysis. While, the value of BCCI may be Rs 1,500-1,800 crore, its projected annual revenue may be around Rs 500 crore. By applying the margin of 20% to revenue, maintainable EBIDTA works out to Rs 100 crore. A list of comparable companies was made for estimating the enterprise value/EBIDTA multiple for valuing Team India. While no strictly comparable listed businesses were found, we considered three companies — TV broadcaster Zee Telefilms, TV content provider Balaji Telefilms and motion picture production, distribution and exhibition company Adlabs Films. A major part of BCCI revenue comes from TV broadcasting rights, which is a function of viewership. Public viewership is a key valuation driver for TV broadcasting companies; hence Zee Telefilms was used as a comparable company.
I think our Indian players are good brand ambassadors than cricket players. I have the following suggestion to BCCI
Sachin Tendulkar: I would advise him to stay in his house & look after his kids. He has lost his magic touch & is a burden to our cricket team
Sehwag : He can look after his restaurant in Delhi & narrate the glorious stories of his past to his friends (Ex: 300 in Multan )
Dravid : He can sell anchor toothpaste & be a regular customer to Bank of Baroda , where he can deposit his commercial earnings
Irfan Pathan: Some one must remind him that he is a bowler in our team. I think I can teach swing & good length bowling to him.
Yuvaraj: Hero Honda brand ambassador (Glamour bike)
Kaif: Some one must teach him batting basics
Special advice to Mr. Greg chappel: “You are the right man @ the wrong place.”
Overall solution: INDIAN cricket team must be stopped from playing cricket. They are tarnishing our country’s name. If they want to play for money, let them play under some funky team name like “BCCI blazers”. For heaven sake, please don’t insult our country’s image.
your's truly,
A betrayed Indian Supporter
PS: I firmly believe in what I say. If you are having a different opinion, please be free to write in your comments. I shall reply for that
BCCI’s annual revenue projected at Rs 500 crore (Information Courtesy: Times network)NEW DELHI:
The value of the Indian cricket team has been pegged at Rs 1,200-1,500 crore by an Ernst & Young and ET analysis. While, the value of BCCI may be Rs 1,500-1,800 crore, its projected annual revenue may be around Rs 500 crore. By applying the margin of 20% to revenue, maintainable EBIDTA works out to Rs 100 crore. A list of comparable companies was made for estimating the enterprise value/EBIDTA multiple for valuing Team India. While no strictly comparable listed businesses were found, we considered three companies — TV broadcaster Zee Telefilms, TV content provider Balaji Telefilms and motion picture production, distribution and exhibition company Adlabs Films. A major part of BCCI revenue comes from TV broadcasting rights, which is a function of viewership. Public viewership is a key valuation driver for TV broadcasting companies; hence Zee Telefilms was used as a comparable company.
I think our Indian players are good brand ambassadors than cricket players. I have the following suggestion to BCCI
Sachin Tendulkar: I would advise him to stay in his house & look after his kids. He has lost his magic touch & is a burden to our cricket team
Sehwag : He can look after his restaurant in Delhi & narrate the glorious stories of his past to his friends (Ex: 300 in Multan )
Dravid : He can sell anchor toothpaste & be a regular customer to Bank of Baroda , where he can deposit his commercial earnings
Irfan Pathan: Some one must remind him that he is a bowler in our team. I think I can teach swing & good length bowling to him.
Yuvaraj: Hero Honda brand ambassador (Glamour bike)
Kaif: Some one must teach him batting basics
Special advice to Mr. Greg chappel: “You are the right man @ the wrong place.”
Overall solution: INDIAN cricket team must be stopped from playing cricket. They are tarnishing our country’s name. If they want to play for money, let them play under some funky team name like “BCCI blazers”. For heaven sake, please don’t insult our country’s image.
your's truly,
A betrayed Indian Supporter
PS: I firmly believe in what I say. If you are having a different opinion, please be free to write in your comments. I shall reply for that
posted by ashwin at 9:34 AM
2 Comments:
Since i have not recieved any commments on this topic (Except a few, u have mailed or messaged me), i think my views are being accepted :)
i don totally accept your views about our team. i agree that yes they are very good brand ambassadors but then they dont play bad cricket always. they try hard to win. some times the other team is good sometimes its just hard luck. you are(even i'm) part of that 1 billion ever unsatisfied people who can neva be content. my sentiments are the same after a match but if we sit down and retrospect, evrybody has a bad day @ office. the real culprit accordin to me is BCCI.
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