Saudi Arabia Investment

Arun Dhumal Denies Reports of Saudi Investment in IPL

IPL Chairman Arun Dhumal has firmly denied recent reports suggesting that Saudi Arabia is poised to invest in the Indian Premier League, calling the claims speculative and unsubstantiated.

Speaking to British media, Dhumal acknowledged Saudi Arabia’s growing interest in the sport but clarified that no official investment proposal or discussions have taken place between the Board of Control for Cricket in India (BCCI) and Saudi authorities regarding IPL ownership or the formation of a new global T20 league.

“There has been speculation, but nothing concrete has been shared with us,” Dhumal stated.

The Gulf nation has taken significant steps in recent years to engage with international cricket. Notably, the IPL 2024 mega auction was hosted in Jeddah, a move seen as part of BCCI’s broader strategy to expand cricket’s footprint globally and encourage development in non-traditional cricketing nations.

Dhumal explained that hosting the event in Jeddah was a deliberate step to introduce Saudi Arabia to the IPL ecosystem and potentially inspire the creation of dedicated cricket infrastructure, much like the UAE’s successful model.

“Saudi Arabia has a large South Asian community with a strong passion for cricket. Our aim is to help cricket grow in new regions by giving them exposure to the IPL ecosystem,” he said.

While Dhumal is optimistic about fostering cricketing ties with Saudi Arabia, he reiterated that there are currently no formal investment talks or proposals on the table.

IPL Dhamaka

He also confirmed that while the idea of hosting IPL exhibition matches in overseas venues, including Saudi Arabia, is being considered, there are no definitive plans yet. Additionally, there is a possibility of reviving the now-defunct Champions League T20 if time and logistics allow.

“If it adds value globally and time allows, we can consider it,” he said, keeping the door open for future international ventures.

Dhumal further expressed support for IPL franchises investing in foreign leagues — a trend that has seen Indian team owners expand into competitions like the SA20 and ILT20. However, he reiterated the BCCI’s long-standing policy that prohibits Indian male players from participating in overseas T20 leagues, which remains unchanged for the foreseeable future.

In summary, while cricket’s ties with Saudi Arabia are warming, reports of imminent IPL investment are premature. The BCCI remains open to collaboration but awaits concrete proposals.

About Isha Pannu

Isha Pannu, a seasoned content writer and dedicated cricket expert, brings over three years of invaluable experience to the realm of cricket journalism. She is a content producer for Cricketwebs News Website.

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