IPL 2017: KKR 'independently viable' even with Shah Rukh Khan as co-owner, says CEO Venky Mysore

PTI, Apr, 02 2017

Kolkata: Kolkata Knight Riders CEO Venky Mysore on Saturday said the two-time former champions are "independently viable" even though they have been consistent and have a superstar owner in Shah Rukh Khan.

"KKR has become an independently viable franchise. This means we do not have any debts and have covered all our losses and have reasonably grown," Mysore told reporters during an interaction last evening.

KKR had posted the highest revenue among all IPL teams in 2014-15. Image courtesy: Twitter/@KKRiders

KKR had posted the highest revenue among all IPL teams in 2014-15. Image courtesy: Twitter/@KKRiders

"Now the challenge is to keep building. So we are looking across different brands and as a strategy acquired a franchise in Caribbean Premier League," he said, referring to the integration of jersey colours of both the teams.

KKR sports a red jersey during practice but Mysore clarified they are very much a purple-brigade and it's part of a branding exercise for their CPL team Trinbago Knight Riders.

"As a part of branding exercise this time the colour of the practice jersey will be the same as the colour of our team (Trinbago Knight Riders) in CPL.

"And when we play there in August we will do the reverse, which means our practice jersey (in) CPL will be purple and gold like what he have in IPL. So we are in the process of integrating our franchises," he said.

KKR had posted the highest revenue among all IPL teams in 2014-15, the last year for which data was available, when it posted 30 percent growth in revenues and 54 percent jump in profits despite the fact that half of the tournament in 2014 was played in the UAE due to the general elections.

"We are going big on merchandise, it's a very very big initiative and the focus will be on online platform. Besides, the official fan club 'Knight Club' has been significantly enhanced, with promos by Shah Rukh."

Published Date: Apr 01, 2017 | Updated Date: Apr 02, 2017



Rank Team Points Rating
1 India 4493 125
2 South Africa 3395 110
3 England 4097 105
4 Australia 3087 100
5 New Zealand 3114 97
Rank Team Points Rating
1 South Africa 5957 119
2 Australia 5505 117
3 India 4579 114
4 England 5645 113
5 New Zealand 5123 111
Rank Team Points Rating
1 New Zealand 1625 125
2 England 1962 123
3 Pakistan 2417 121
4 West Indies 2222 117
5 India 2183 115