It seems like that is the consensus amongst Indians on PP at least.
One thing I have wondered it why these Indian owners have paid big money for these teams and rebranded them to be Indian focussed with pictures of elephants etc. There isn't enough market in England to recoup these costs. They are obviously aiming at Indian market. Do you think it is a misjudgment on their part, or they will be able to grow the 100 without Indians?
We may need to study the whole market synergies but Indian businessmen are adept at monetizing the ad revenues in general. Leave the sponsorships, IPL ad revenues are crazy like a 15-sec advertisement used to cost 4-5K USD back in 2017 when I was part of media buying. For reference, the next best thing was 60% less. UK has a very good consumer market AFAIK and there needs to be some conscious efforts to monetize the ad revenue in a better way through Brand-building.
But I also feel they may have overestimated the revenue-synergies here in different leagues. But cost-synergies are bound to come down.
Ambani, Goenka and Maran families are conglomerates and they can easily handle the upfront capital costs. Even without the Indian market, I am pretty much bullish on the cricket leagues if they can repeat what they did in IPL.
Focus to build grass-root level talent which pulps the interest of audience. This is what ECB and SA boards were looking at and it falls in line the owners vision in valuations.
Sunrisers head coach Daniel Vettori opened up about the move to buy the Pakistan cricketer:
"He's unique in the amount of variations and a lot of, particularly domestic players, won't have seen him before."
"We came into the auction with every player available to us. As soon as this option was available, there were a number of very good spinners from international teams that were an option, but Abrar was a priority."