It is like a private equity investor or VC putting money in some area and not having an iota of knowledge of that sector....just deep pockets can't make a concept successful....
4) IPL is just a knee jerk reaction to ICL and has not taken into account several factors like player fatigue and overwork, disruption of international schedules etc...sooner or later, disruption of schedules and loss of players will make the country boards sit and take notice and arm-twist the IPL into bringing about changes...
Plus many more reasons really...a concept doomed to failure cos it is based on a rather flimsy foundation!!
