Shah rukh want to sell Kolkata Knight rider IPL Team !

The continues bad performance and losses in IPL Season 2 by Kolkata Knight Riders make Shah rukh Khan to think about selling team to corporate houses as per rencent news by news channels. Shah Rukh Khan bought KKR on price of Rs 300 crore last year. The business companies with which Red Chillies Entertainment (RCE), KKR’s holding company, discussed in this regard so far were Nokia, Sahara, Anil Ambani Group and some other business houses.
Initially, SRK was interested to sell a stake of his team, but since most of the companies approached wanted management control, SRK had no option but to decide selling of the entire shareholding, according to a business newspaper. SRK’s public relations officer, however, refused to say anything regarding this so real scene will clear after the Shah rukh khan's comment on this news.
The rising cost of the team is believed to have been another e reason for SRK’s recent decision. Khan is supposed to pay Rs 30 crore per year for the next 10 years. The total annual cost for the team is about Rs 75 crore. Khan had earlier said that KKR was easily the most successful IPL franchise, making a Rs 13 crore profit last year, but that was mazic of SRK and Ganguly and now both are over so it is clear that this time KKR will give him lose instead of profit.
Wait and see what shah rukh comment on this news of selling KKR.

1 comment:

  1. This news is not true as per IPL Chairman Modi,,, he denied today at Times now

    ReplyDelete