12BET India news: IPL to allow mid-season loans of capped and overseas players

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The 13th edition of the cash-rich Indian Premier League (IPL) will introduce loaning of capped and overseas players to other franchises during the course of the tournament for the first time in the history of the league. This new concept is one of the few changes that the Board of Control for Cricket in India (BCCI) has announced recently ahead of the upcoming season that will commence on March 29.

This loan system was first introduced last season, wherein only uncapped players were allowed to be loaned during the season. However, franchises did not show much interest in this system as there were very limited options that will benefit their teams. With that, BCCI has sent a circular to all the franchises regarding the new loaning rule, according to reports.

The window to loan capped and overseas players in IPL 2020 will be opened mid-season, which is after the 28th match when all teams have already played seven games. This window is open from 9 in the morning and will last until the following day only. Reports also claimed that a player who has featured in less than two full matches or as a concussion substitute in IPL 2020 can only be loaned by the franchises.

“Only players who have played in less than two complete matches in the playing XI or as a concussion replacement during the season may be subject to a player loan. The loan window will start at 9 am on the day following the 28th match scheduled for the season or once all the teams have played seven matches each, whichever is later,” a part of circular read as quoted by media outlet.

As for the arrangement of fees, players will not receive a part of the financial deal and the amount would need to be paid outside the allotted auction purse balance by the franchises. The IPL management has to be informed of the exact monetary transactions between the teams before proceeding. The first loan system between franchises will begin from April 23 until the next day.

Meanwhile, the other things which were discussed by the circular was the BCCI’s austerity drive that will cut the IPL 2020 prize money to almost 50% along with the increase of fees from $27,197 to $68,119 that franchises pay to state cricket associations for hosting matches. It means from Rs 20 cr ($2.72m) last season, champions will take home only Rs 10 cr ($1.36m) this season.

Last month, a couple of new rules and modifications were announced by the board, including the reduced number of doubleheaders, a no-ball umpire, a green signal to be given to concussion substitutes that is subject to approval by the match referee and an IPL all-stars game that originally scheduled three days before the opening of the season, but later moved to post-tournament schedule.

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12BET India news: IPL to allow mid-season loans of capped and overseas players
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12BET India news: IPL to allow mid-season loans of capped and overseas players
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The 13th edition of the cash-rich Indian Premier League (IPL) will introduce loaning of capped and overseas players to other franchises during the course
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