SRK, Ambani bros, Mally bid for IPL franchise

Published: Wednesday, January 23, 2008, 3:35 [IST]
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Bangalore: He may have played hockey during his college days and did a 'great job' as coach to spur a mediocre hockey team to World Cup victory in the Bollywood blockbuster 'Chak De India' but cricket seems closer to the heart of Shahrukh Khan.

The actor is keen to buy a franchise in the Indian Premier League (IPL), which would make him owner of a Twenty20 side.

Shahrukh Khan with a group of industrialists is bidding for a franchise in the Premier League, claims reliable sources.

SRK's company Red Chilly has reportedly paid the mandatory bidding amount of US$5 million before filing the tender. Other big names in the fray include the Ambani brothers, Vijay Mallaya, DLF Group, India Cements among others.

The IPL bids open on Thursday and the base amount set for the process is whopping US$ 50 million dollars. The bids for some top city teams is expected to reach the dizzy heights of US$ 200 or more. The final announcement is expected on 24th Jan in Mumbai.


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