IPL, Business, loss and Profit
Only two team has made profit in last two IPLs out of eight and one of them was on last position in IPL season 2. So one need not winning to make profit in IPL. loosing is also an option to be high profit maker! shahrukh khan has this art and craft. IPL is making all business sense nonsense the way it is being registered loss n profit. BCCI is definitely one who will be having cash rich registers. cash liquidity will be never before. when teams are being purchase for rs. 1560 crore fees then there is no rocket science to understand who is laughing at end of the day. IPL commissioner was honest in saying he was not expecting rs. 1612 crore as highest bidding price. Yes he was right if only two of eight has managed to earn single rupees and eight of them are pouring money from their pocket only, he need to be shocked.
Kings eleven owner Mr. Burmen was prevailing business sense when he said if some one is willing to pay rs. 1000 crore then he will sell out his franchise. They along with wadia and preity zinta bought kings eleven for Rs. 345 crore way back two years. Without making any profit if returns are expected 300% then who will not be in selling mode. however Ness wadiya co owner of kings eleven was making statement otherwise.
IPL business dhoka! oops IPL , Business loss and profit is not easy to be understand by common man . Here looks rocket science to understand it. if a common man start a new venture and it is in loss for next two years then only option left is shut down the unit. But if you happens to be owner of IPL team the business calculations will be changed. Now I believe lalit modi has a unique business sense and that sene has been sensed by big corporates only. Is it prestige issueor f corporates that have enrolled ambanis, wadias, burmens and subarto roy. It looks rather then profit it is business prestige to own a IPL team. And this is where lalit modi is en-cashing it and shashi tharur is pitching for kochi team !!!
About This Post