While the organisers of the IPL are battling to keep the 2021 show on the road amid rising Covid numbers in India, one thing that apparently remains unaffected by the pandemic is the financing of cricket’s richest league.
February’s auction might only have been a minor one, but it still saw franchise and league-wide records spent on individual players.
And yet shelling out boatloads of cash does not guarantee success. Mumbai Indians actually spend less than anyone, but are serial winners, while Punjab Kings spend the most to try and bridge the gap – yet are still no closer to a first title.
Ahead of the first game of the new season between Mumbai Indians and Royal Challengers Bangalore on Friday, how are the eight sides shaping up?
Chennai Super Kings
After missing out on the playoffs for the first time in their history last season, the leaders of the Chennai franchise were quick to put a brave face on.
Rebuilding was going to be a fun task, according to captain MS Dhoni and coach Stephen Fleming.
The response has been expensive. In February, they splashed out two of their biggest ever fees at auction, bringing in Moeen Ali and the uncapped Krishnappa Gowtham.
Whether it be the new recruits, or just the return back to India from the UAE, they will be out to prove that last season was merely a dropped stitch.
Delhi Capitals
The Capitals have never been closer to glory than they managed last season. They were within touching distance of the trophy in Dubai, at least until Trent Boult fired out Marcus Stoinis first ball of the final, and all was lost from that point on.
Reaching this point has been a costly business. The Delhi franchise have spent in excess of $33 million at auction since 2013, more than double what Mumbai Indians have spent in the same period.
This season they will be without their injured captain Shreyas Iyer, with Rishabh Pant given the responsibility in his stead.
Kolkata Knight Riders
When KKR spent what was then a record fee for an overseas player to get Pat Cummins back ahead of 2020, it reinforced the general idea that they are flashy, big-spenders.
However, according to research by Cricket Bet India studying each auction signing since 2013, Kolkata are in the middle or the pack when it comes to spend on players. On average, their recruits have cost $268,000 per player.
Cummins had a slow start last season, but should be better off for having since been relieved of the tag of most expensive by Chris Morris.
Mumbai Indians
The IPL's most successful franchise spare no expense in caring for their players. Evidence their lavish living quarters when they were in Abu Dhabi last season.
However, because they have had such a settled side for so long, their spend on new players at auction is the least of any side – a mere $220,000 on average.
The fact there was no mega auction ahead of this season, no massive rehash of rival squads, and just a five-month turnaround anyway, means the champions are in good shape for a hat-trick of titles.
Punjab Kings
It is seven years now since the side formerly known as Kings XI Punjab last made the playoffs.
Their underachievement compared to outlay is stark. No side spend more at auction, with Punjab laying out an average of $336,000 per player since 2013.
Even though they finished sixth last season in the UAE, they actually coloured the competition brightly. They had a rousing run in the second half of the season, were involved in some compelling finishes, and Nicholas Pooran was a headline act who is becoming more and more reliable.
Rajasthan Royals
Remember when Rajasthan Royals were the Moneyball franchise? They were the cheapest side to put together, who then marched to the first title, largely by force of personality of their legendary captain Shane Warne.
They were simpler times. Ranjit Barthakur, their chairman, reflected last season that that’s not really possible anymore, and world stars like Ben Stokes as Jofra Archer don’t come cheap.
Neither does Chris Morris. Rajasthan made the South African quick bowler the most expensive player at an IPL auction ahead of this season.
Repaying the faith will be even more important given they will be without the injured Archer for at least the start of the campaign.
Royal Challengers Bangalore
Attempting to break their title duck has been a costly business, and RCB are still no closer to doing so.
On average since 2013, they have spent $306,000 on new players at auction – the second highest amount among the active franchises, after Punjab Kings.
This season, that has included spending a king’s ransom on Kyle Jamieson, a bowler who wowed in Tests against India, but who is unproven in franchise cricket.
Sunrisers Hyderabad
Only Mumbai Indians are thriftier at auction than Sunrisers, who spend $241,000 on players at auction on average.
They fell just short of the final last year, losing the eliminator to Delhi Capitals in Abu Dhabi.
Turning up new players who are little heralded is a skill in the cash-rich climes of the IPL. Sunrisers did just that – for the benefit of all of India – with the emergence of yorker aficionado Thangarasu Natarjan last season.
RESULTS
Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden
World Cup warm-up fixtures
Friday, May 24:
- Pakistan v Afghanistan (Bristol)
- Sri Lanka v South Africa (Cardiff)
Saturday, May 25
- England v Australia (Southampton)
- India v New Zealand (The Oval, London)
Sunday, May 26
- South Africa v West Indies (Bristol)
- Pakistan v Bangladesh (Cardiff)
Monday, May 27
- Australia v Sri Lanka (Southampton)
- England v Afghanistan (The Oval, London)
Tuesday, May 28
- West Indies v New Zealand (Bristol)
- Bangladesh v India (Cardiff)
2019 ASIA CUP POTS
Pot 1
UAE, Iran, Australia, Japan, South Korea, Saudi Arabia
Pot 2
China, Syria, Uzbekistan, Iraq, Qatar, Thailand
Pot 3
Kyrgyzstan, Lebanon, Palestine, Oman, India, Vietnam
Pot 4
North Korea, Philippines, Bahrain, Jordan, Yemen, Turkmenistan
What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
How to help
Donate towards food and a flight by transferring money to this registered charity's account.
Account name: Dar Al Ber Society
Account Number: 11 530 734
IBAN: AE 9805 000 000 000 11 530 734
Bank Name: Abu Dhabi Islamic Bank
To ensure that your contribution reaches these people, please send the copy of deposit/transfer receipt to: juhi.khan@daralber.ae
TCL INFO
Teams:
Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan
Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
When December 14-17
Women’s World T20, Asia Qualifier, in Bangkok
UAE fixtures Mon Nov 20, v China; Tue Nov 21, v Thailand; Thu Nov 23, v Nepal; Fri Nov 24, v Hong Kong; Sun Nov 26, v Malaysia; Mon Nov 27, Final
(The winners will progress to the Global Qualifier)
more from Janine di Giovanni
The biog
First Job: Abu Dhabi Department of Petroleum in 1974
Current role: Chairperson of Al Maskari Holding since 2008
Career high: Regularly cited on Forbes list of 100 most powerful Arab Businesswomen
Achievement: Helped establish Al Maskari Medical Centre in 1969 in Abu Dhabi’s Western Region
Future plan: Will now concentrate on her charitable work
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Results
4pm: Al Bastakiya – Listed (TB) $150,000 (Dirt) 1,900m; Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)
4.35pm: Dubai City Of Gold – Group 2 (TB) $228,000 (Turf) 2,410m; Winner: Walton Street, William Buick, Charlie Appleby
5.10pm: Mahab Al Shimaal – Group 3 (TB) $228,000 (D) 1,200m; Winner: Canvassed, Pat Dobbs, Doug Watson
5.45pm: Burj Nahaar – Group 3 (TB) $228,000 (D) 1,600m; Winner: Midnight Sands, Pat Dobbs, Doug Watson
6.20pm: Jebel Hatta – Group 1 (TB) $260,000 (T) 1,800m; Winner: Lord Glitters, Daniel Tudhope, David O’Meara
6.55pm: Al Maktoum Challenge Round-1 – Group 1 (TB) $390,000 (D) 2,000m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass
7.30pm: Nad Al Sheba – Group 3 (TB) $228,000 (T) 1,200m; Winner: Final Song, Frankie Dettori, Saeed bin Suroor
UAE squad
Humaira Tasneem (c), Chamani Senevirathne (vc), Subha Srinivasan, NIsha Ali, Udeni Kuruppuarachchi, Chaya Mughal, Roopa Nagraj, Esha Oza, Ishani Senevirathne, Heena Hotchandani, Keveesha Kumari, Judith Cleetus, Chavi Bhatt, Namita D’Souza.
RESULTS
Bantamweight title:
Vinicius de Oliveira (BRA) bt Xavier Alaoui (MAR)
(KO round 2)
Catchweight 68kg:
Sean Soriano (USA) bt Noad Lahat (ISR)
(TKO round 1)
Middleweight:
Denis Tiuliulin (RUS) bt Juscelino Ferreira (BRA)
(TKO round 1)
Lightweight:
Anas Siraj Mounir (MAR) bt Joachim Tollefsen (DEN)
(Unanimous decision)
Catchweight 68kg:
Austin Arnett (USA) bt Daniel Vega (MEX)
(TKO round 3)
Lightweight:
Carrington Banks (USA) bt Marcio Andrade (BRA)
(Unanimous decision)
Catchweight 58kg:
Corinne Laframboise (CAN) bt Malin Hermansson (SWE)
(Submission round 2)
Bantamweight:
Jalal Al Daaja (CAN) bt Juares Dea (CMR)
(Split decision)
Middleweight:
Mohamad Osseili (LEB) bt Ivan Slynko (UKR)
(TKO round 1)
Featherweight:
Tarun Grigoryan (ARM) bt Islam Makhamadjanov (UZB)
(Unanimous decision)
Catchweight 54kg:
Mariagiovanna Vai (ITA) bt Daniella Shutov (ISR)
(Submission round 1)
Middleweight:
Joan Arastey (ESP) bt Omran Chaaban (LEB)
(Unanimous decision)
Welterweight:
Bruno Carvalho (POR) bt Souhil Tahiri (ALG)
(TKO)
SPECS
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MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
Profile
Company name: Jaib
Started: January 2018
Co-founders: Fouad Jeryes and Sinan Taifour
Based: Jordan
Sector: FinTech
Total transactions: over $800,000 since January, 2018
Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups