Cricket-IPL chairman sees no threat from new T20 leagues

FILE PHOTO: Indian Premier League- Mumbai Indians v Royal Challengers Bangalore- Wankhede Stadium, Mumbai, India - May 9, 2023. Mumbai Indians' fans celebrate during the match. REUTERS/Francis Mascarenhas/File Photo

NEW DELHI (Reuters) - The Indian Premier League's (IPL) stature as the world's top Twenty20 competition is secure despite the emergence of similar franchise-based tournaments around the world, its chairman Arun Singh Dhumal told Reuters.

The IPL, with an estimated brand value of $8.4 billion, continues to attract the world's top players and coaches with the kind of money T20 competitions in Australia and England can only dream of.