Deccan Chargers reject sole bid for franchise

The auction for the IPL Deccan Chargers franchise on Thursday has ended in an anti-climax with the team’s owners receiving one bid, which they have rejected. This leaves the franchise’s future up in the air, with the BCCI’s working committee meeting on Saturday likely to take a decision on its next course of action.
The solitary bid reportedly came from PVP Ventures, a company that finances film projects in India.
“They [the franchise] informed us that the price and terms were not suitable so they did not accept it,” BCCI president N Srinivasan said in Chennai. “The BCCI assisted the…

See the original post here: Deccan Chargers reject sole bid for franchise

have a look at this

About The Author

RSS Hot Search Trends


Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 389 other subscribers