Friday, Mar 29 2024 | Time 16:25 Hrs(IST)
image
Sports


Few PVL teams broke even in Season-1 itself, unlike IPL: Co-Founder Mishra

Few PVL teams broke even in Season-1 itself, unlike IPL: Co-Founder Mishra

By BD Narayankar
Bengaluru, Feb 4 (UNI) Prime Volleyball League (PVL) Co-Founder Tuhin Mishra on Friday said already few league teams have broken even in the first season itself, unlike IPL teams that did almost after a decade.
"There are few teams who have already done it. They broke even in Season 1 itself, and I am sure that it is in public domain even for something like an IPL. The (IPL) owners lost money for 7 to 8 years. Some people are saying they lost money for almost 10 years," he said, replying to a query by UNI here.
Mishra said it happened due to keeping costs under control and having a nice bunch of sponsors who came on board. "We see this kind of, from the revenue side, growing even bigger and bigger," he said.
The fact that the league managed to break even, it speaks volumes for all team owners who managed their finances well, Mishra said.
He said the league is planning to expand it in the northern parts of India and there are discussions to bring in a team from North India sooner rather than later. He also expressed gratitude to principal sponsors RuPay for their constant support in the journey.
"I have worked in this industry for 23 years. A lot of times brands come forward to partner with you but the relationship is often transactional. With pride I can tell you when we approached RuPay, they were so willing to come forward - they wanted to do a lot more than just putting up a logo. What they are doing for Volleyball is unprecedented in India," he said.
Representing RuPay, Lalita Nayak released a trailer of a 6-episode docuseries titled RuPay Volley Good Culture featuring volleyball stars. In each episode, the player takes people through their own journey to the biggest stage of volleyball in India. It also highlights the larger impact RuPay is creating through the Prime Volleyball League.
She said "We believe volleyball has a far and wide universal appeal and a good future in India. Like Volleyball, RuPay is about youthful quickness, vertical leaps in innovation, and a modern can-do attitude. It is only natural that we are partners for the game."
"Connecting to the last mile and the urban with the rural, like NPCI is focused on increasing penetration of digital payments, similarly for Volleyball, this year we supported initiatives to expand the sport across the North-East region specifically Assam with the Brahmaputra League and the RuPay Volley culture series will hopefully bring more attention to the game at both grassroots and higher levels," Lalita Nayak said.
PVL Season 2 will see its first match on February 4 with the defending champions Kolkata Thunderbolts facing off against hosts Bengaluru Torpedoes in what promises to be a cracking contest.
UNI BDN RKM

More News

Kenya backs WRC Safari Rally's extension from three to five days

29 Mar 2024 | 2:54 PM

Nairobi, Mar 29 (UNI) Kenya is planning to extend the annual FIA World Rally Championship (WRC) Safari Rally from three to five days, the country's President William Ruto announced on Thursday.

see more..

La Liga returns with big game in Bernabeu

29 Mar 2024 | 2:49 PM

Madrid, Mar 29 (UNI) La Liga returns to action in Spain following the international break with a round of games that comes a week before another break for the final of the Copa del Rey.

see more..

Argentinos Juniors show title credentials

29 Mar 2024 | 2:35 PM

Buenos Aires, Mar 29 (UNI) Argentinos Juniors rose to the top of Argentina's Primera Division
Group A by recovering from a goal down to win 2-1 at Instituto.

see more..
Corey Anderson named in USA’s squad for T20I series against Canada

Corey Anderson named in USA’s squad for T20I series against Canada

29 Mar 2024 | 2:24 PM

Washington, Mar 29 (UNI) Former New Zealand international Corey Anderson has been included in USA’s squad to face Canada, starting on April 7.

see more..

Pakistan confirm schedule for three-match T20I series in Ireland

29 Mar 2024 | 2:22 PM

Islamabad, Mar 29 (UNI) The Pakistan Cricket Board (PCB) on Friday announced the dates for the three-match T20I series against Ireland.

see more..
image