IPL 2023: Punjab Kings' Net Worth and sources of revenue

The Punjab-based franchise's overall value is more than INR 700 crore in the IPL.

View : 687

5 Min Read

3. Stadium Ticket Sales and Gate Passes

I.S.Bindra stadium, Mohali
I.S.Bindra stadium, Mohali. (Photo Source: Twitter/BCCI)

Since the maiden IPL season, Mohali’s Inderjit Singh Bindra Stadium is the home ground of PBKS. At the iconic stadium, the team has made a lot of memories by bagging some great triumphs in front of their home crowd. Along with the Mohali stadium, Dharamsala’s Himachal Pradesh’s Cricket Association (HPCA) Stadium also serves as PBKS's home ground.

Every year, PBKS supporters register their presence at both venues to boost the confidence of their team to win games. According to the home-and-away format of the league, the team gets seven matches to host at their home grounds. These seven matches also come out as an opportunity for the franchise to collect money through ticket sales and gate passes.

The league management gives the right to the IPL franchises to determine the ticket price. In these years, the stunning cricket action has worked as a magnet to bring spectators to the stadiums However, from 2020-22, the COVID-19 pandemic disrupted the cricketing action to the cricket frenzy public in these cities.

Prev
Page3 / 5
Next

Get every cricket updates! Follow Us:

googletelegraminstagramwhatsappyoutubethreadstwitter

Download Our App

For a better experience: Download the CricTracker app from the IOS and Google Play Store