Who owns ipl teams 2011

Indian billionaire entrepreneur Vijay Mallya has said he does not consider his Formula One and Indian Premier League teams to be costly pastimes. Mr Mallya is chairman of the United Breweries Group and Kingfisher Airlines, with the carrier named after the brewer's main beer brand, Kingfisher.

And he is convinced that his sports teams are providing value for money. There is a huge value proposition because we get to share in all the television revenues, and all other forms of income generated by the Indian Premier League, and there is a very sound economic model there," he told BBC Scotland.

And he dismisses fears that the upward trajectory in IPL revenues is leading to a bubble that could burst. Rate Story. Font Size Abc Small. Abc Medium.

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Sign In now. Among other decisions taken in the workshop, it was also decided that the edition would be played under the International Cricket Council's Anti-Corruption and Security Unit. The council decided that trading of players for the next season will start from Nov 23 and will end Jan 5. If Pakistani players want to participate, they would have to get a no-objection certificate from their government by Nov All franchises also agreed to do away with the icon player status after the season.

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