This is a follow-up to Sudhir’s post on IPL. Yesterday I was reading the Economic times whilst the bai was cleaning my room (that’s the only time when I took a break from Sacred), and there it was … in the big headlines pattern.
IPL teams can raise capital through going public … or via private equity as well!! Imagine the Mumbai Indians being listed on the BSE, and everytime they have a match against some other team, the share prices would buckle, a cricket crazy nation … now putting their money where their mouth is. I am just waiting for those Sports Team Mutual Funds … wanna bet that Ravi Shastri launches one??