As the Deccan charges team was a great flop previous time in spite of great players inside tat team, Deccan Chronicle Holdings and M Group - have decided to put the franchisee on sale. It has been announced that the enterprise value of Deccan Charges is around $200m which includes the franchisee fee of $107m to the IPL. Sources says that "They are looking at some premium and the negotiations are on. Despite their poor show in the inaugural IPL year, Deccan Chargers looks like a good bet given its impressive lineup of players."
Monday, October 20, 2008
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