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I'd go with your pyramid scheme theory.

These Franchise Tournaments are great tools for gambling and money laundering. So, i guess at the top there are gamblers, bookies and corrupted filthy rich people. I can say for this sure regarding BPL. Otherwise, most of the expenditures incurred by BPL franchises don't make any sense! BPL show-runners don't have any lucrative policy to attract crowd, media and sponsors. Nor even players! Sad thing is, in spite all that it has huge potential and demand in Bangladesh...

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I think it would be a fascinating reporting assignment for someone to look into Major League Cricket and it’s feeder system, Minor League Cricket. It’s shaping up to be rife with conflicts of interest, non-transparent ownership groups, and all other sorts of skullduggery.

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People are already looking into it. it's not looking ideal.

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