Chennai Super Kings (CSK) and Delhi Daredevils (DD) are set to incur a cumulative loss of at least INR 11 crore due to unexpected disputes and precarious situations.
CSK, due to the protests by civilians in Chennai due to the Cauvery water dispute, were forced to shift their home matches from Chepauk to the Maharashtra Cricket Association (MCA) Stadium in Pune which resulted in an INR three crore loss in nutshell.
Meanwhile, Delhi Daredevils suffers a threat of more severe blow of INR eight crore in deficit owing to the revenues.
The Clubhouse Area at the Ferozshah Kotla has not been cleared by Delhi Municipality as they await the structural stability approval from the civic authority.
With the impending case, the area is now deemed out of bounds for the IPL matches scheduled to be hosted at Ferozshah Kotla.
“What option did we have. Playing our games is more important. That was our top priority,” a CSK official told Inside Sports. The losses also include the relocation charges.
“Our first goal was to be match ready for the new venue. We have not yet calculated the financial impact. In rough estimations, it will be anywhere in the range of ₹ 3 crores,” continued the official.
CSK could only play a single match this season on their come back trail, due to the severe backlash received in the game against Kolkata Knight Riders.
“Honestly speaking, we are expecting some additional revenues at Pune, which shall help us write off some part of the cost we have incurred to relocate our home games,” the official adds.
However, ardent Chennai Super Kings fans received a major boost from their franchise.
Following the heartwarming mover, the special express train conveying them from Chennai to Pune.
Will continue serving our fans in the best possible manner: CSK official
“That is the least we could have done for our loyal fans. If you look at CSK over the years, it is all about loyalties. We will continue serving our fans in the best possible manner,” concluded the official of the India Cements-owned franchise.
On the other hand, Daredevils also have the option of shifting their home matches to a different venue with the approval IPL Governing Council.
However, GMR Sports is not in favour of the move due to the massive operational costs and also financial inviability.