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IPL 2016: Huge losses in revenue for Delhi Daredevils' owners - Here's why!

New Delhi: Delhi Daredevils side may have turned its fortunes for the better on the pitch, but the same cannot be said about those off it.

According to a report in the Times of India, 42% in attendance at the Feroz Shah Kotla have been free-ticket holders this term. This due to the capital's culture of asking for complimentary passes, leading to huge losses for GMR (owners).

While the franchise generated somewhere between Rs 4 to 5 crore from sale of tickets three years ago, the number has now come down around to Rs 2 to Rs 2.5 crore. 

As per rules, 20% of tickets are handed to BCCI. However, DD in addition have to give out 22% for central and state government agencies as well.

“The accounted number works out to be 15,750 free passes. But the unaccounted bit of free passes should be more than 17,000,“ a source told TOI on Thursday .

“Delhi's team is constantly requested and pressurized to hand over tickets. The franchise is also made to pay tax for those free tickets distributed to spectators in Delhi,“ said a source.

From Zee News

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IPL 2017 Points Table

Teams MP Won Lost Pts
MI 8 6 2 12
KKR 7 5 2 10
SRH 8 4 3 9
RPS 7 4 3 8
KXIP 7 3 4 6
DD 6 2 4 4
RCB 8 2 5 5
GL 7 2 4 4

ORANGE CAP

1 Hashim Amla
KXIP
299
Runs
2 David Warner
SRH | 282 Runs
3 Suresh Raina
GL | 275 Runs

PURPLE CAP

1 Bhuvneshwar Kumar
SRH
16 Wickets
2 Chris Morris
DD | 12 Wickets
3 Mitchell McClenaghan
MI | 12 Wickets