9.2 C
London
Thursday, March 28, 2024
HomeSportsCricketSun TV wins Hyderabad IPL team

Sun TV wins Hyderabad IPL team

Date:

Related stories

That was insane: Pat Cummins

“Insane” was the only word that Sunrisers Hyderabad skipper...

Miami Open: Bopanna-Ebden reach semifinals

INDIAN tennis stalwart Rohan Bopanna and his Australian teammate...

Ravindra, Dube shine as Chennai thrash Gujarat

NEW ZEALAND’s Rachin Ravindra hit an explosive 46 and...

Kohli’s 77 leads Bengaluru’s victory over Punjab

VIRAT KOHLI on Monday (25) said he has “still...

Gujarat keeps nerve, Royals start on winning note

Gujarat Titans edged out Mumbai Indians by six runs...

REGIONAL television network Sun TV on Thursday (October 25) won an auction to buy the Indian Premier League team based in Hyderabad after the cash-strapped Deccan Chronicle group was forced to sell.

 

Sun TV, owned by the Chennai-based Maran group, put in the highest bid of $15.9m (£9.86m) a year for the rights to the franchise in the lucrative Twenty20 league that was founded in 2008.

 

“The IPL Governing Council met earlier today in Mumbai to open the bids for a new IPL franchise,” the Board of Control for Cricket in India said in a statement.

 

“Sun TV network have won the Hyderabad franchise for an amount of Rs850.50m ($15.9m) per year.”

 

It was not known whether Sun TV will retain the team’s previous name of the Deccan Chargers.

 

The Deccan Chronicle media group, which bought the Chargers before the inaugural IPL season, was thrown out of the league due to financial violations including failure to pay players’ salaries.

 

The Sun TV network runs 32 channels, mainly in south Indian languages, which reach 95 million households, according to its website. The network is also viewed in 27 other countries.

 

Among the players signed up with the Hyderabad franchise are Kumar Sangakkara of Sri Lanka, South African fast bowler Dale Steyn and Australian batsman Cameron White.

 

The Chargers won the tournament in 2009 but finished second-last this year.

 

The new franchise will join the eight other teams from Mumbai, Chennai, Bangalore, Kolkata, Delhi, Mohali, Pune and Jaipur in the sixth edition of the IPL scheduled for April-May next year.

 

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here

12 − two =