franchises

This tag is associated with 1 posts

IPL teams seek investors

By admin ⋅ November 6, 2008 ⋅ Post a comment

Foreign private equity firms have been approached to acquire a stake in an Indian cricket franchise as owners of the country’s leading teams in the sport look to raise cash.
Via FT

IPL spending increase may up pressure on ECB

By admin ⋅ October 21, 2008 ⋅ Post a comment

IPL franchises have hiked their spending cap, raising the pressure on England players to lobby the ECB for the chance to join the league. Indian Premier League franchises have lifted their spending cap by a further US$2m for next season, raising the pressure on England players such as Kevin Pietersen and Andrew Flintoff to lobby [...]

IPL auction shifted to February 6

By admin ⋅ October 20, 2008 ⋅ Post a comment

The IPL has taken some significant steps to protect the interests of its eight franchises, including the addition of a performance clause to its player contracts that will see players lose 20% of their match fee - on a match-by-match basis - if they don’t find a place in the playing XI from the next [...]

IPL teams recover 80% costs

By admin ⋅ September 29, 2008 ⋅ Post a comment

The Indian Premier League proved out to be a profitable deal for all eight franchisee owners as they had close to 80% returns after it’s first season, according to the BCCI.
Via NDTV

IPL franchisees may have better margins than Arsenal, Man U

By admin ⋅ June 12, 2008 ⋅ Post a comment

MR DUSHYANT SINGH, ASSOCIATE DIRECTOR, KPMG INDIA says “For the IPL franchisees, we believe that steady EBITDA margins of 30 per cent are achievable by the fifth year; how each IPL franchisee performs would depend on how effectively it builds and monetises its fan base and how well it is able to control its cost [...]

IPL teams to get first pick on players - Modi

By admin ⋅ June 8, 2008 ⋅ Post a comment

Franchises from the Indian Premier League will get first priority over players for the proposed Champions League, and any team that fields a cricketer from the unofficial Indian Cricket League will be automatically disqualified from the international Twenty20 competition, Lalit Modi, the chairman of IPL, has said.
http://content-usa.cricinfo.com/ipl/content/story/354020.html

Profit and Loss - Who makes and Who doesn’t

By admin ⋅ May 30, 2008 ⋅ Post a comment

A good article from Business Today which gives an insight on the profit/loss details of all the franchises in IPL. A snapshot on how cricket’s new czars make money?
Mukesh Ambani, Mumbai Indians, Paid: $111.9 million
Vijay Mallya, Royal Challengers Bangalore,Paid: $111.6 million
T. Venkattram Reddy, Deccan Chargers, Paid: $107.01 million
N. Srinivasan, Chennai Super Kings, Paid: $91 million
G.M. [...]

Profits ringing in for BCCI, SetMax

By admin ⋅ May 30, 2008 ⋅ Post a comment

The whopping success of IPL has not only ensured that teams like Jaipur, Kolkata and Mohali are likely to break even in the first year itself, but also transformed the fortunes of its telecaster Sony Set Max, says a report prepared by the equity research division of Alchemy Shares and Stock Brokers.
More: http://ipl.timesofindia.indiatimes.com/IPL_doubles_BCCI_profit/articleshow/3084001.cms

Lifting of $US 5 mn cap hypothetical: Lalit Modi

By admin ⋅ May 19, 2008 ⋅ Post a comment

Indian Premier League Chairman and Commissioner Lalit Modi today (May 19) described talks of lifting the USD five million cap forcing each of the eight franchise teams to limit their players’ buying power for next year’s edition as “hypothetical”.
More: http://www.timesnow.tv/NewsDtls.aspx?NewsID=8565

Franchises can sign foreign recruits till final - IPL

By admin ⋅ May 19, 2008 ⋅ Post a comment

The Indian Premier League has entered the final stretch of its first season, but franchises can continue to recruit foreign players right up to the final on June 1, a senior IPL official indicated. However, these recruitments can only be made to fill vacancies created by foreign players who have either been ruled out due [...]

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