Indian companies buy SLPL teams

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Published: Friday, June 29, 2012, 11:06 [IST]
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Indian companies buy SLPL teams

Colombo, Jun 29: You can keep Indian players out of Sri Lanka Premier League (SLPL) but not the country's business enterprises. This is what has happened with six of the seven SLPL teams bought by Indian companies.

The Board of Control for Cricket in India (BCCI) had said it won't allow Indian cricketers to participate in the inaugural SLPL. But this has not forced Indian companies away from the Twenty20 league.

According to reports, all seven franchises will have Indian owners. The league is set to start on August 10 and will end on August 31.

Sri Lanka Cricket (SLC) had called for bids recently and they received offers close to $30 million. Now the team owners have been finalised.

Wadhawan Holdings are the highest bidders with $5.02 million. They will be the owners of Wayamba team. Wayamba, with its icon player as Sri Lankan captain Mahela Jayawardene, had played in the Champions League Twenty20 tournament.

The next highest was $4.98 million by Number One Sports Consulting Private Limited for Kandurata. Success Sports bagged Uva for $4.6 million while Pearl Overseas succeeded in securing Ruhuna for same amount $4.6 million.

Indian Cricket Dundee (ICD) paid $4.33 million for Basnahira. Rudra Sports Private Limited bought Uthura for $3.4 million. Rudra Sports Private Limited is promoted by Delhi's Rudra Group.

ICB is based in Mumbai and is a Indian cricket team fan organisation. According to ICD website, "Indian Cricket Dundee primarily aims at creating a large widespread fan base that will be able to support the Indian cricket team all year round, whether at home or on tours away. The ICD is founded by cricket lovers for cricket lovers. Anyone can obtain an ICD membership."

Sri Lanka's Varun Beverages Private Limited is the lone home company in SLPL. They had the lowest bid in the league and got Nagenahira for $3.22 million.

The matches will be played in Colombo and Pallekele. The franchises will have a squad of 18 players, including six overseas players. A team can play only two foreigners in the playing XI.

The player draft will be held on July 5 and 6.

SLPL teams' owners and bid amount

Wayamba ($5.02 million) - Wadhawan Holdings Private Limited

Kandurata ($4.98 million) - Number One Sports Consulting Private Limited

Ruhuna ($4.6 million) - Pearl Overseas Limited

Uva ($4.6 million) - Success Sports Private Limited

Basnahira ($4.33 million) - Indian Cricket Dundee Limited

Uthura ($3.4 million) - Rudra Sports Private Limited

Nagenahira ($3.22 million) - Varun Beverages Lanka Private Limited


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