Tuesday, May 5, 2009

SRK To Sell KKR??

Below is the net profit/loss in crores earned by the IPL Franchise owners in the first edition.
Team---------->Revenues--------->Expenses------------>Profit/Loss
KKR ---------->89 ---------->81 ------------>+8
RR ---------->55 ---------->50 ------------>+5
DD ----------> 71 ---------->79 ------------>-8
RC ---------->50 ---------->95 ------------>-45
DC ---------->64 ---------->84 ------------>-20
KX11 ---------->61 ---------->64.4 ------------>-3.3
MI ---------->70 ---------->91 ------------>-21
CSK ---------->74 ---------->80 ------------>-6

KKR and RR were only teams to have a good turnover.Clearly with this statistics,if I would have had a team then I would have quickly sold it.The frustration of the owners due to their team's turnover in the 1st edition of ipl was clearly seen.
8 0r 5 crores,this is not the profit the Franchise Owners were expecting.Moreover the loss incurred by many teams added worry to Lalit Modi,who is trying hard ragarding this issue.Im sure no owner will be happy by their turnover if their team wins the tournament.

With KKR at the bottom of the table there are talks that the KKR Owner Shahrukh Khan is
selling his team.The team performance and most importantly the profit are the major reasons behind this.
I wonder who will be buying the team,with probably a low profit turnover ratio??

1 comments:

Ankit Bansal said...

Dude there r rumours gng on that Nokia or might be airtel also in the race of buying tht team....!!!!!!!!!

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