logging in or signing up Indian Premier League abhijeetvv Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 536 Category: Entertainment License: All Rights Reserved Like it (2) Dislike it (0) Added: May 07, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: vishnusharmaagra (15 month(s) ago) i want to this ppt this is very useful Saving..... Post Reply Close Saving..... Edit Comment Close By: walseR (19 month(s) ago) pls pls send me ds ppt its very urgernt reshma.walse@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Indian Premier League : Indian Premier League Franchise Valuations Presentation Flow : Presentation Flow Introduction IPL Business Model Valuation of Franchise Tangible Valuation Intangible Valuation Summary Introduction : Introduction Introduction : Introduction Indian Premier League (IPL) : Twenty20 cricket competition based on double round robin format initiated by BCCI in 2008 Eight Franchise from 2008-2010, two new franchise to be introduced from 2011 onwards Second highest paid league globally based on first team salaries on pro rata basis* , next only to NBA First sporting event broadcasted live on YouTube * According to the inaugural annual review of Global Sports Salaries – Source espnstar.com, sportingintelligence.com Slide 5: Source: espnstar.com; Cricinfo; Times of India IPL Business Model : IPL Business Model Why Franchisee Bids in IPL ? : Why Franchisee Bids in IPL ? Sports a lucrative, profitable business globally Use cricket property as publicity vehicle and promote other business Build the brand, enhance it and sell it to gain profit Sell the brand to public by listing on stock markets IPL : “ Incoming Paisa League” The Gambling Dashboard : The Gambling Dashboard Valuation of Franchise : Valuation of Franchise Tangible Valuation : Tangible Valuation Revenues : Revenues Central revenues TV Rights ( 80 % for first 5 years and 60 % for year 6-10) Central sponsorships ( 60% for 5 years) Theatrical rights Internet rights Blimp ad revenues Prize Money Local Revenues: Ads between overs @ stadium Ground sponsorships After match parties Slide 12: * All figures in Rs Cr ; Source ESPNSTAR; Times of India; Financial Express Extra Earnings : Extra Earnings Team Sponsorships Shirt sponsorships Merchandise sale Marketing Benefits Licensing Hospitality Gate Receipts Boundary ads Slide 14: * All figures in Rs Cr; Source ESPNSTAR; Times of India; Financial Express Costs involved : Costs involved Franchise Fee Player Salaries Media promotions Stadium fees Administrative costs Travel and stay Slide 16: * All figures in Rs Cr; Source ESPNSTAR; Times of India; Financial Express Slide 17: Profit Expected(CSK) Total Current Value = Rs 191.92 Cr Continuing Value = 71*1.05/(.12-.05) = 1065, discounted to PV = Rs 342.9 Cr Total Value = Rs 534.8 Cr Assumption: Terminal Growth rate = 5% ; Cost of capital, r = 12%; DF = 1/(1+r)^T Intangible Valuation : Intangible Valuation Factors affecting Valuation : Factors affecting Valuation Hard Measures: Heritage: Not very relevant currently Popularity: Website visits; Stadium occupancy; Registered members; TV viewership International appeal: Target global audience Local appeal: Indian audience Loyalty IPL record * Source MTI Consulting; Times of India; Intangible Business Ltd Factors affecting Valuation : Factors affecting Valuation Soft Measures: Passion of owning a team Owner’s persona: Impact of team owner on brand Celebrity Quotient Cricket, a religion in India commands premium Newsmaker Permanent Invites to IPL functions Superstars or Icon Players * Source MTI Consulting; Times of India; Intangible Business Ltd Summary : Summary Summary : Summary IPL- A product of new India Risks: Political, Global, Money Laundering, Greed Based motivation Win-Win for players and Viewers Income for Government through taxes Potential upside for Franchise if they go public in future All and all IPL is truly 99% entertainment and 1 % sport and there is something You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Indian Premier League abhijeetvv Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 536 Category: Entertainment License: All Rights Reserved Like it (2) Dislike it (0) Added: May 07, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: vishnusharmaagra (15 month(s) ago) i want to this ppt this is very useful Saving..... Post Reply Close Saving..... Edit Comment Close By: walseR (19 month(s) ago) pls pls send me ds ppt its very urgernt reshma.walse@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Indian Premier League : Indian Premier League Franchise Valuations Presentation Flow : Presentation Flow Introduction IPL Business Model Valuation of Franchise Tangible Valuation Intangible Valuation Summary Introduction : Introduction Introduction : Introduction Indian Premier League (IPL) : Twenty20 cricket competition based on double round robin format initiated by BCCI in 2008 Eight Franchise from 2008-2010, two new franchise to be introduced from 2011 onwards Second highest paid league globally based on first team salaries on pro rata basis* , next only to NBA First sporting event broadcasted live on YouTube * According to the inaugural annual review of Global Sports Salaries – Source espnstar.com, sportingintelligence.com Slide 5: Source: espnstar.com; Cricinfo; Times of India IPL Business Model : IPL Business Model Why Franchisee Bids in IPL ? : Why Franchisee Bids in IPL ? Sports a lucrative, profitable business globally Use cricket property as publicity vehicle and promote other business Build the brand, enhance it and sell it to gain profit Sell the brand to public by listing on stock markets IPL : “ Incoming Paisa League” The Gambling Dashboard : The Gambling Dashboard Valuation of Franchise : Valuation of Franchise Tangible Valuation : Tangible Valuation Revenues : Revenues Central revenues TV Rights ( 80 % for first 5 years and 60 % for year 6-10) Central sponsorships ( 60% for 5 years) Theatrical rights Internet rights Blimp ad revenues Prize Money Local Revenues: Ads between overs @ stadium Ground sponsorships After match parties Slide 12: * All figures in Rs Cr ; Source ESPNSTAR; Times of India; Financial Express Extra Earnings : Extra Earnings Team Sponsorships Shirt sponsorships Merchandise sale Marketing Benefits Licensing Hospitality Gate Receipts Boundary ads Slide 14: * All figures in Rs Cr; Source ESPNSTAR; Times of India; Financial Express Costs involved : Costs involved Franchise Fee Player Salaries Media promotions Stadium fees Administrative costs Travel and stay Slide 16: * All figures in Rs Cr; Source ESPNSTAR; Times of India; Financial Express Slide 17: Profit Expected(CSK) Total Current Value = Rs 191.92 Cr Continuing Value = 71*1.05/(.12-.05) = 1065, discounted to PV = Rs 342.9 Cr Total Value = Rs 534.8 Cr Assumption: Terminal Growth rate = 5% ; Cost of capital, r = 12%; DF = 1/(1+r)^T Intangible Valuation : Intangible Valuation Factors affecting Valuation : Factors affecting Valuation Hard Measures: Heritage: Not very relevant currently Popularity: Website visits; Stadium occupancy; Registered members; TV viewership International appeal: Target global audience Local appeal: Indian audience Loyalty IPL record * Source MTI Consulting; Times of India; Intangible Business Ltd Factors affecting Valuation : Factors affecting Valuation Soft Measures: Passion of owning a team Owner’s persona: Impact of team owner on brand Celebrity Quotient Cricket, a religion in India commands premium Newsmaker Permanent Invites to IPL functions Superstars or Icon Players * Source MTI Consulting; Times of India; Intangible Business Ltd Summary : Summary Summary : Summary IPL- A product of new India Risks: Political, Global, Money Laundering, Greed Based motivation Win-Win for players and Viewers Income for Government through taxes Potential upside for Franchise if they go public in future All and all IPL is truly 99% entertainment and 1 % sport and there is something