Lalit Modi who established the Indian Premier League (IPL) has criticized the Board of Control for Cricket in India (BCCI) because they badly handle cricket's most profitable league. Modi has a well-known history of animosity toward the BCCI. In 2010 officials suspended him as IPL chairman and commissioner over misconduct indiscipline and financial irregularities. Three years later they handed him a lifetime ban. His past relationship with the BCCI makes people treat his statements about them with caution. He knows the IPL better than most people do. He played a key role in building the league into what it is today and his vision shaped its success. Modi explained to Sportstar that the BCCI retains half of all IPL match income which he values at INR 118 crore. The two teams then share the remaining amount equally, taking 25% each. The team schedule required teams to compete against each other twice during the group stage, with one match taking place at their home venue and the other match at their opponent's venue. He added: “(For) every game, the BCCI gets 50 per cent, and the remaining 50 per cent is distributed to teams. So, teams are now losing out on 20 games. It is by contractual obligation for the fees that they’re paying to provide them home and away.” The BCCI had plans to expand the number of matches. Broadcasters were promised an increase from 74 to 84 and then 94 games in the 2023–27 media rights cycle. More matches would boost franchise earnings, but that expansion has not happened yet. Modi states that the delayed process causes each franchise to lose approximately INR 120 crore during every season.IPL chairman Arun Dhumal recently spoke about this issue as well. LAlit commeented: “The home and away is where the value is. If you don’t have time in your calendar, don’t increase the number of teams. Simple as that. That’s not what we sold. Has everybody signed off on it? I guarantee not. Why are they not playing home and away? There are excuses. It is our contractual obligation. This is a commercial transaction for the teams.” Also Read | Bhuvneshwar Kumar creates record, becomes the second Indian with 200 IPL wickets Modi believes that the BCCI has not achieved complete success in managing the Indian Premier League. He believes the league and its teams should have grown even bigger. The Royal Challengers Bengaluru and the Rajasthan Royals recently reached a record financial sale. The valuations of the companies would have increased beyond their current value if Modi's allegations about them were accurate. Lalit concluded: “If there were 94 matches today on a home and away basis, Rs 118 crore a game, it’s Rs 2,400 crore, just the media rights. That’s Rs 2,400 crores extra that’s coming to the BCCI. Out of this, Rs 1,200 crores would have gone to the 10 teams, each team would have got 120 crores, and the team value should have automatically been higher.”