Even as the owners of the Deccan Chargers and the BCCI seek buyers for the IPL team that is on the rocks financially, the sale of the team and the lower prices bidders are offering perhaps has a few lessons for India’s cricketing body
“I think the BCCI will tide over this problem. Deccan Chargers is in trouble and that’s why they’ve put it on the block. The good news is that they will find a buyer.Videocon has openly expressed its interest in paying Rs 800 crore and there are two other potential buyers waiting in the wings,” veteran sports writer Ayaz Memon told Firstpost.
Representational image. AFP
However, the problem for the owners of the team and for the BCCI is that they may not get the value they imagined.
“The valuation may just be a little more realistic and disappointing for those, like the owners, who thought they would get a lot of value,” he said.
According to Ayaz, the price being offered by the bidders should teach the Indian cricketing body about valuations of teams for the IPL in order to keep it sustainable.
“There needs to be a far more stronger systems in place where the intrinsic value of the IPL is not lost,” he said.
Watch the entire discussion between Sports Editor Ashish Magotra and Senior sports writer Ayaz Memon above.
