Financial loss in revenue

IPL faces big financial hit

The world's richest Twenty20 league was approaching its halfway stage before it was suspended indefinitely on Tuesday following bubble breaches in two venues.

"The ballpark figure for revenue loss would be to the tune of 2000 crore rupees (20 billion)," Arun Singh Dhumal, treasurer of the Board of Control for Cricket in India (BCCI), said.

"Given all our contractual obligations, we are yet to find out what would be the actual figure," he said, adding that the governing body's immediate priority was to ensure the league's foreign players returned home safely.