"In a matter of six months, he had already quadrupled his assets and also brought out nearly a dozen athletes that are skilled enough to compete in the Aikyotsava event this year."
"I can tell that he is a great talent since not only did he not stay fixated on wrestling, but he also used his ingenuity and business-mindedness to spread sports events of different gas all over his state, which not only brought him more fa but also made him very successful in bringing out many athletes from his tournants."
Vinod fell into deep thought and finally agreed to His Majesty's choice. "This is a good choice, Your Majesty. I believe he will be wholeheartedly welcod in the Cabinet."
Vijay nodded his head, knowing he would face no objections.
"Well, with that taken care of, let's talk about sports bodies or organizations."
"The sports bodies or sports organizations are private organizations that hold tournants nationally or internationally, they are run more like a Entertainnt business and less like a diplomatic event, since they have nothing to do with nationality and has everything to do with the branding of the organization and its Legacy.
"These organizations will have multiple clubs, depending on the maximum number of clubs promulgated by the governing body of the organization, and these clubs are owned by private individuals. These clubs will employ athletes to play for their club against another in a tournant held by the organization. The proceeds from the ga are shared throughout the sports industry, so let break it down briefly."
"The Ministry of Sports is the first level in the hierarchy, the organization is the second level, the clubs are the third level, and finally, the teams are the fourth level. "
"35% of the proceeds from the match, be it tickets or any other revenue directly generated from the match, go directly into the pockets of the team. The team further divides the money according to the contribution; this will be decided internally. Another 35% goes to the club that employs the team, 25% goes to the organization that holds the event, and finally, 5% goes to the Ministry of Sports to provide regulation for the gas (The umpires are provided by the Ministry of Sports)."
"Considering advertisents for teams, after all the links, 50% of the proceeds from advertisent revenue will directly go to the team, while 30% goes to the club they belong to, and 20% to the organization holding the tournants. Additionally, the organization has the full right to stipulate the advertising spaces on all player kits."
"All the stadiums and event venues are directly built by the clubs and the organizations according to their own requirents based on the popularity of the ga. The Ministry of Sports does not have to be involved in these things. If, in case, the Ministry of Sports needs to hold an international event, then it has the first right to rent all the stadiums built in the empire at reasonable prices. The ministry's only other requirent is to make sure that all the regulations and safety asures of a sports stadium are followed. It can work with the BSO organization for this."
"These sports organizations could be for different sports, like there could be one for cricket, football, kabaddi, rugby, etc. "
"The possibilities are truly endless, considering that for the players, we don't have to be constrained to within the Bharatiya Empire, and we could theoretically recruit players from anywhere in the world."
Vijay felt his mouth a little dry from talking for so long, so he took a sip of tea to moisten his throat and set down the teacup.
"So, what do you guys think?" he asked.
Vinod's eyes imdiately lit up as he found the structure of these sports organizations very interesting but did not have any personal opinion on it since, according to what His Majesty said, these sports organizations are private entities that do not co under the jurisdiction of the governnt unless the organization breaks so rules or regulations put forward by the governnt.
However, Bascaracharya beca very excited since he felt there was a lot of profit in establishing such a sports organization. Since he already knew how crazy the cost of tickets went during the Aikyotsava Event, he knew how profitable it would have been if the events were held by a private organization. Even if, according to the rules ntioned by His Majesty, he were to get only 25% from each ga, it is still a lot of profit.
If in case you consider that this revenue is less than what the clubs are earning when compared on paper, the truth is far from what could be seen at first sight, because the 25% revenue of the organization is actually a long-term revenue. The organization could hold the event every day for a month, while the clubs would only earn during their ga. Not to ntion the revenue that could be earned from advertisents and potentially from the stadium if it is built by the organization. So overall, the money made by the club could be made by the organization in one day.
And more importantly, his instincts told him that this sports sector would be another blowout sector in the Bharatiya Empire after the construction and industrial sectors, which are currently in full swing.
With such considerations, Bascaracharya couldn't hold back any longer as he looked at His Majesty with an eager expression on his face. "Your Majesty, do you wish to establish these organizations?"
Vijay did not hesitate or be modest in his words as he decisively nodded and ordered the establishnt of five organizations.
"1. Bharatiya Premier League or BPL will be the cricket league."
"2. Unity Football Bharat or UFB."
"3. Pro Rugby League or PRL."
"4. Pro Kabaddi League or PKL."
"5. Ultimate Kho Kho or UKK."
"Establish these five organizations as soon as possible and put out advertisents for the recruitnt of team owners. This can be done after the Ministry of Sports is ford."
"By that ti, I need you to look for people to run all these five organizations. It is best they are selected from among the athletes who are injured and are business-minded so they could take both profitability and entertainnt into consideration."
Bhaskaracharya quickly noted down all the orders of His Majesty and nodded in agreent.
Finally, after discussing the minor details for a few more hours, the eting ended, and Ganesh, who was responsible for drafting the appointnt letter for the new Minister of Sports, quickly got to work.
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A day later...
Maharana Pratap, looking at the appointnt letter in his hands, was unable to react. He stood there on the construction site like a living statue.
The first thing he thought after receiving the appointnt letter from the emperor's office was that he was being fooled. How could he suddenly receive a position as a minister in the Cabinet of the central governnt? But after looking at the seal of the royal family, which was impossible to replicate, and the seal from the pri minister, which was equally difficult to replicate, he had no choice but to believe it.
He did not understand why he suddenly got the post of a minister in the Ministry of Sports, but in any case, his biggest dream was to rise in society, as he did not want to stay at the bottom of it. He had great ambitions for his life and did not want to remain a commoner forever.
10 years ago, during his youth, he was not well liked by the landlords because he always looked lethargic and dull, just like a wooden man brought back to life. But truthfully, he had acted that way because he did not see any way out of his miserable life, so he did everything possible at a bare minimum just to survive.
However, like a gift from God, after His Majesty Vijay Devaraya took over the throne, the shackles of caste that had held him down since his birth were torn apart like cotton threads. He still rembered the day when the biggest noble in his town was beheaded due to his act of treason, and he also rembered the next day when he was inford that caste would no longer be a limiting factor in what one chose to do.
Although at that ti the announcer had a very ugly expression on his face, Maharana Pratap still felt like he was looking at the most beautiful face in the world. If he stared at the middle-aged announcer any longer, maybe the announcer would mistake him for a guy with so weird hobbies.
From that day onwards, he was never the sa. He constantly looked forward to enriching himself in any way possible. He tried his hands in many different fields and jobs; he even tried to beco a scholar by constantly attending the night schools established for adults. But sadly, he did not find himself interested in any of the fields.
Finally, upon a recomndation from an acquaintance, he tried wrestling for the first ti exactly six years ago. His first match was against a rookie just like him, but the other boy was bigger. Everyone thought that the bigger kid would win, but Maharana Pratap ended up surprising everyone because he felt like the bigger kid's moves were very slow and predictable. So, he used a simple dodge and leg trip to win the match. He could still rember the look on the bigger kid's face as if he was seeing a ghost.
To be continued...
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