With 25 days remaining for the curtain-raiser of the inaugural Lanka Premier League (LPL), the organisers of Sri Lanka’s franchise-based Twenty20 cricket extravaganza are yet to finalise the owners of three teams and validate the procedure of TV Rights, which will make a huge effect on the future of the competitors.

According to sources, the 23-day LPL is yet to generate a special TV Rights Holder, however have given numerous entities to telecast in different regions. The procedure would only give the organisers and franchises monetary returns through advertising revenues, under a plan of revenue sharing through these broadcasters.

The Sunday Times understands that the telecast of LPL in Sri Lanka and India will be through Sony while in Europe, Sky Television will be the boradcaster. For other areas, the organisers have actually discovered different broadcasters, who are yet to be called.

An authorities of SLC validated that the Indian Premier League (IPL) and Huge Celebration League (BBL) are the only 2 competitors to have sealed TELEVISION Rights Holders, while the remaining Twenty20 leagues throughout the world follow the comparable technique as LPL.

Nevertheless, the earnings created through TV Rights comes as the primary earnings source for the organisers, SLC and occasion rights holder Innovative Product Group (IPG) and the 5 franchises, who need to pump in between US$ 1.2 million to 1.5 million per edition. The organisers have gone through lots of setbacks owing to the present international scenario, however the sustainability of the LPL in the coming years depends upon their ability to create money through broadcasting.

As the organisers are yet to reveal a last outcome on the TV Rights part of the LPL, they are also yet to finalise the owners of at least two franchises, though the gamer draft happened on October 19. The draft was carried out through web in an extremely disorderly manner with the team owners and representatives making their biddings in an uncertain process where guidelines and procedures were not identified.

The only validated individual to make his presence representing a franchise was Wasim Akram, the coach of Galle Gladiators, who share the exact same owner as Quetta Gladiators of Pakistan Super League (PSL). Galle Gladiators were the only franchise to have an owner in the LPL by then. 2 days after the player draft, on October 21, SLC announced that Kandy Tuskers was purchased by Bollywood actor, manufacturer and movie maker Sohail Khan, the younger bro of Indian star Salman Khan.

The 2 franchises yet to find takers are Colombo Kings and Dambulla Hawks. As at yesterday, unofficial sources specified that Jaffna Stallions is most likely to be bought over by a consortium of Sri Lankans expatriates in the United Kingdom. The group is stated to be led by Anandan Arnold, a leading tax consultant and a relative of former Sri Lanka cricketer and analyst Russell Arnold.

SLC, meanwhile discussed that franchises need to follow a screening procedure through the International Cricket Council (ICC) before making the final statement. Galle Gladiators and Kandy Tuskers have completed the stated process before announcing its owners. In addition IPG, the event rights holder, specified that any statement with regard to the LPL need to come through the local board, SLC, however up until now IPG too has issued statements and statements via its Public Relations partner.

With today state of affairs being such, the organisers have made plans to bring down foreign players of all five franchises starting from November 1. They will have to complete the regional quarantine procedure of 2 week. SLC validated that all foreign gamers have actually been informed of the process and they will be shifted to hotel facilities in Hambantota and Kandy.

An overall of 30 foreign gamers are set to represent the 5 franchises with six each being drafted into a team. Already 25 foreign players have been named for the LPL with Galle Gladiators being the only franchise to settle their list of local and foreign gamers.

In addition, Faf du Plessis of South Africa and Dawid Malan of England might need to lower their existence or withdraw if both players are picked to be part of the England’s white-ball trip to South Africa, which consists of three each of T20s and ODIs from November 27 to December 9. In the upcoming LPL three South Africans and 2 Englishmen will be amongst the list of 30 foreign gamers, but both England and South Africa are yet to name their sides. Du Plessis has been drafted into Colombo Kings while Malan will represent Jaffna Gladiators in the LPL.

Likewise, despite SLC calling Sri Lanka T20 skipper Lasith Malinga as the icon gamer and skipper of Galle Gladiators, it is discovered that the franchise is more in favour of calling allrounder Shahid Afridi as its skipper. The factor behind is said to be the Gladiators’ management being eager to continue its management procedures followed in the PSL at the LPL. The LPL begins on November 21 and ends on December 14.