JavaScript must be enabled in order for you to see the posts in this forum. However, it seems JavaScript is either disabled or not supported by your browser. To see the posts, images and links please enable JavaScript by changing your browser options, then try again.
Tendulkar becomes majority shareholder in ISL Kerala team
  • Welcome to DTHHelp Forum for Indian DTH services.
Hello There, Guest! Login RegisterLogin with Facebook

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Breaking News :  Tendulkar becomes majority shareholder in ISL Kerala team
MUMBAI: Master Blaster Sachin
Tendulkar has acquired an additional
20 per cent stake from Hyderabad-
based PVP Ventures to become the
largest shareholder in the Indian
Super League (ISL) franchise Kerala
Tendulkar, who owns 40 per cent in
the franchise, will effectively own 60
per cent stake following the
Muthoot Pappachan Group, which is
also the title sponsor of the team,
will buy an additional 20 per cent
stake in the team while PVP will
retain the balance 20 per cent. PVP,
which owned 60 per cent stake in the
franchise, has been looking to offload
its stake in the franchise for quite
some time.
According to The Economic Times, the
deal is valued close to Rs 75–Rs 85
crore (Rs 750–850 million), valuing
the franchise at Rs 180–Rs 200 crore
(Rs 1.8–2 billion).
Kerala Blasters had made it to the
final in the first season of the ISL
where it lost to Sourav Ganguly co-
owned Atlético de Kolkata.
Add Thank You Reply


Possibly Related Threads...
ThreadAuthorRepliesViewsLast Post
  Sachin Tendulkar announces retirement from ODIs samanth 1 522 Sunday 23-December-2012, 16:18
Last Post: amatan
  News: Tendulkar targets 100th ton S.Raman 2 904 Tuesday 15-November-2011, 09:15
Last Post: samanth

Forum Jump:

Browsing: 1 Guest(s) Protection Status