India Inc. buys all franchises in Sri Lankan T20 league
By IANS - COLOMBO
29th June 2012 12:20 PM
The India Inc. will own all the seven franchises in the Sri Lankan
Premier League (SPL), ignoring the decision of the Indian cricket board not to
allow its players to take part in the island's Twenty20 tournament.
The Indian business houses have outbid all others to sweep all the franchises on offer for the league to be played August 10-31. The matches will be played in Colombo and Pallekele.
Wadhawan Holdings bought Wayamba for the highest bid of $5.02 million while Number One Sports Consulting got Kandurata for $4.98 million.
The Uva and Ruhuna went to Success Sports and Pearl Overseas for $4.6 million. Indian Cricket Dundee bought Basnahira for $4.33 million while Uthura went to Rudra Sports for $3.4 million. Varun Beverages bought Nagenahira for $3.22 million.
Each franchisee will be allowed a maximum of 18 players, including six foreign cricketers. But a team is allowed to play only two foreigners in the playing eleven. The players' draft will be held July 5-6.
- You are aiming high, but beware of marketers selling you as an FMCG
- Deadly year for encephalitis feared in India
- A mobile phone for Kerala CM, finally
- India becomes Kenya's largest Asian trading partner
- Pakistan's Punjab government allocates millions for JuD centre
- Wedlock valid only if consummated: High Court
- Underworld has betting syndicates in vice-like grip
- NCRB report: 1,316 juveniles booked for rape last year
- Indian Coast Guards help rescue 26 crew from shipwreck near Yemen
- Army Major captures 'UFO' in Kerala
- Now pay less for roaming calls, texts
- Callgate: Doctors were prime target for Biju, Saritha Nair
- 73 dead, over 71,000 stranded as rains batter Uttarakhand, UP
- Congress raking up secularism issue to hide its failures: BJP
- Wedlock valid only if consummated: HC
- Prices of 348 drugs to come down drastically from May 15