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New IPL teams announced : Pune & Kochi
- Thread starter Sir Alex
- Start date
Sir Alex
Banned
The valuations have gone literally out of roof... I have no idea what the business propositions are there. It's been even on a liberal analysis quite unbelievable.
I am not sure even about the Kochi team having home games for atleast one season. Apparently they haven't even procured land to construct the stadium
The more I hear about the Kochi bidders the more am suspicious of their motives.
I am not sure even about the Kochi team having home games for atleast one season. Apparently they haven't even procured land to construct the stadium
The more I hear about the Kochi bidders the more am suspicious of their motives.
Sir Alex
Banned
It's all a big mist out there. Sreesanth will move to Kerala team (being the only notable Kerala cricketer ever) and perhaps even captain it
Apparently everything will be cleared up only during September bidding. Nothing has been decided on how many players existing franchises can retain (to preserve their core players). It makes it all the more bizzare because the new teams will have to shell out at a premium to get such players who apparently form part of core group of other teams.
Cevno
Hall of Fame Member
From where are these people supposed to recoup the costs?
And if i am not wrong these are 10 year rights not lifetime asset ownership.370 and 333 million dollars over 10 years seems insane.
For this kind of money u could buy atleast 65% of the EPL Clubs with lifetime ownership and all assets attached(stadium and other properties etc..).
Hell Portsomuth could be bought for less than 10th of this.
And if i am not wrong these are 10 year rights not lifetime asset ownership.370 and 333 million dollars over 10 years seems insane.
For this kind of money u could buy atleast 65% of the EPL Clubs with lifetime ownership and all assets attached(stadium and other properties etc..).
Hell Portsomuth could be bought for less than 10th of this.
Sir Alex
Banned
Cevno, it's not 10 years, but 7 years (already 3 seasons are done). It is just money porn.
social
Cricket Web: All-Time Legend
I assume that Sahara has simply run the numbers based upon the relative cost of gaining seven years worth of exposure for its brand by this means as opposed to direct advertisingFlash news on TV:
Pune team bid for $370 Mil by Sahara group.
Kochi team bid for $333 Mil by "Rendezvous Sports" (A consortium consisting of unheard of companies)
Ridiculous numbers those. Given they'll "retain" these teams only for 7 years.
Jono
Virat Kohli (c)
^ Question is, is the IPL ultimately targeted at you? If not, well...
Yeah definitely true. Long term though, just more exposure for Indian talent to some top cricketers.
Cevno
Hall of Fame Member
I guess Sahara can get more exposure worldwide by other means too,for so much money.So i don't think exposure explains that kind of money fully
And if exposure was the only reason,how in hell does that explain the rendevouz sports ltd paying so much for the Kochi team?
What will they get exposure for?
Cevno
Hall of Fame Member
Have to say the gujrati's will be pretty unhappy with this. Ahemdabad was considered the most wanted city in the bidding ,but it did not turn out that way.
They did not get selected surprisingly when somehow due to shashi tharoor's efforts Kochi did.
Btw,Sahara is saying their emotional choice was Kanpur ,and they chose pune ahead of it and ahmedabad,because the logistics in pune,in terms of govt cooperation,infrastructure and the stadium were way better and the potential market was equal to kanpur ,if not better.
The stadium which is being contructed in pune is considered to be one of the very best in the world.On top of that they also have Ambi valley a few miles away from pune ,which they can utilise and promote along with their team.They also have their airport coming up in Pune.
I think Pune team now owned by Sahara will most likely have Amitabh Bachchan as their Ambassador.
They did not get selected surprisingly when somehow due to shashi tharoor's efforts Kochi did.
Btw,Sahara is saying their emotional choice was Kanpur ,and they chose pune ahead of it and ahmedabad,because the logistics in pune,in terms of govt cooperation,infrastructure and the stadium were way better and the potential market was equal to kanpur ,if not better.
The stadium which is being contructed in pune is considered to be one of the very best in the world.On top of that they also have Ambi valley a few miles away from pune ,which they can utilise and promote along with their team.They also have their airport coming up in Pune.
I think Pune team now owned by Sahara will most likely have Amitabh Bachchan as their Ambassador.
Edged&Taken
U19 Vice-Captain
Shri
Mr. Glass
Chennai have saved a bit of money in this year's auction. Lara to chennai will be jizzworthy.
It's a bad move for other reasons than just my loss of interest. But returning to just how an Indian cricket fan might lose interest in IPL... The games just seem so hard to watch with the current rate of commercials, quality of commentators and lack of analysis, maybe not for the majority yet, but definitely for quite a few Indian cricket fans and not just me alone. A lot of interesting analysis goes missing which is one of the charms of this game, and we move on to the next six or four or wicket. All of this is fine and entertaining. But they have to make sure they don't push it too far. 94 matches, mate!
Sir Alex
Banned
Of course. As a marketing exercise perhaps. But remember this is just for "rights" to set up a team. Literally a sunk cost, and the cost of all others staff, player, stadia all are extra.
Also for a group that operates business which are not exactly retail, I am not sure what they are planning to achieve with such exposure. They could rope in half of the bolly fraternity with that and run ads 20 times a day at prime time in all channels for next 10 years and still be left with some substantial change.