Sri Lanka Premier League 2012

Indian companies among SLPL-franchise owners

ESPNcricinfo staff

June 28, 2012

Comments: 20 | Text size: A | A

A number of Indian companies have successfully bid for teams in the Sri Lanka Premier League (SLPL), highlighting the lure of the franchise model in cricket's largest market despite the BCCI's reluctance to allow Indian players to participate, according to reports.

Among the winners are the Wadhawan Group, a business conglomerate with interests in real estate, retail and education, India Cricket Dundee, an Indian fan organisation along the lines of the Barmy Army, and Varun Beverages Lanka (Pvt) Ltd, the agent for Pepsi in Sri Lanka.

The Wadhawan Group bought Wayamba for $5.02 million, the highest price for any of the franchises. Wayamba represented Sri Lanka in the first two Champions League T20 tournaments in 2009 and 2010 and has Mahela Jayawardene, the Sri Lanka captain, as it's icon player. The group has been involved with cricket in the past, most notably as sponsors of the New Zealand national team, the Victoria Bushrangers and VicSpirit teams through Dheeraj East Coast, a joint venture between Dheeraj Realty, the group's real estate company, and East Coast LLC, an Australian company.

The SLPL franchise owners

  • Wayamba - Wadhawan Holdings Private Limited, $5.02 million
    Kandurata - Number One Sports Consulting Private Limited, $4.98 million
    Ruhuna - Pearl Overseas Limited, $4.6 million
    Uva Success Sports Private Limited, $4.6 million
    Basnahira -Indian Cricket Dundee Limited, $4.33 million
    Uthura - Rudra Sports Private Limited, $3.4 million
    Nagenahira - Varun Beverages Lanka Private Limited, $3.22 million

Mumbai-based India Cricket Dundee (ICD) bid $4.33 million to buy the Basnahira franchise. Formed in 2010, ICD's stated aim is to create a "widespread fan base that will be able to support the Indian cricket team all year round, whether at home or on tours away", according to their website.

Varun Beverages, based in the West Province of Sri Lanka, won the rights to the Nagenahira franchise for $ 3.22 million, the lowest price for a franchise. The company is a subsidiary of RJ Corp, which includes InBev India International Private Limited, which distributes beers such as Stella Artois and Budweiser in India. The group also runs the Delhi Public School in Gurgaon.

Kandurata was the second most expensive team at $4.98 million and was picked up by Number One Sports Consulting Private Limited. The Uva and Ruhuna franchises were bought by Success Sports and Pearl Overseas respectively for $4.6 million each, while Rudra Sports Private Limited picked up Uthura for $3.4 million. The news was reported in the Sri Lankan Daily Mirror.

A player draft will be held on July 5 and 6 to determine the composition of the teams. Each team can have a maximum of 18 players, including six foreign players. The SLPL starts on August 10, with the final to be held on August 31. There will be 24 games in total, split between Colombo and Pallekele.

© ESPN Sports Media Ltd.

Posted by YS_USA on (June 29, 2012, 14:16 GMT)

Fellows, all this is because of huge Indian TV market and without Indian players, it would not work. They need Gayle and Afridi, but wait for the auction and we will find out.

Posted by g.narsimha on (June 29, 2012, 13:13 GMT)

LAST YEAR THEY COULD NOT START IT AS INDIAN partipation was not possible SINCE indians investing this time we can see our players in sl its good that the indian mighty financial hub is helpeng others in this region

Posted by satish619chandar on (June 29, 2012, 11:33 GMT)

With the wealth some of the Indian businessmen have, they will buy all the franchises around the world unless there is a check on that.. It might be Only the locals can buy the teams but it wouldn't produce the same revenue.. I seriously doubt how the SLPL franchises are going to get settled.. Climatic conditions and the crowd response would decide the fate more than the Indian player participation.. I presume that the Pakistani players will add more crowd in SL than Indian players.. So they wouldn't lose much even if Indian players were not participating in terms of crowd in the stadium.. All the best SLPL.. As a cricket fan, i will always love any form of cricket in any country..

Posted by Hanuman1206 on (June 29, 2012, 11:10 GMT)

I think SLPL fan should appreciate that Indian companies has participated in the bid and bagged some team. This is great initiative to foster cricket across the border and would certainlt be beneficial to Sri Lankan cricket in long run. BCCI may not encourage other leagus to emerge however indian businessmen have different mind set which is great for cricket and fans. SLPL may be a slow starter but will be close to IPL in years to follow. So let's hope for the best and good luck SLPL. I'm sure indian businessmen will participate in PPL as well.

Posted by   on (June 29, 2012, 10:58 GMT)

so at-least Indian business man are interested in SLPL, cool , btw lots of guys missing a point, these teams hv been sold not for forever, its only for 7 years, thats why law prices

Posted by   on (June 29, 2012, 7:40 GMT)

haha call it mini ipl now

Posted by slfan1 on (June 29, 2012, 7:05 GMT)

@sakthivel you didnt get his point, BCCI tried to stop it, but indian companies bought it. thats y. 5.2 mil damn cheap for indians? well got to say a lot of indians will disagree with u cos i knw i ve been to ind.

Posted by slfan1 on (June 29, 2012, 4:59 GMT)

@samincolumbia any reason? actually indian owners are the ones after the lankan players otherwise they wont play millions for them. Businessmen buy players because they are good not out of compassion. gt it?

Posted by Sakthiivel on (June 29, 2012, 4:23 GMT)

@ Ramesh Dharshana Perera : $ 5.2 millions are damn cheap for Indians (Even CCL team is much more more costlier) and Getting a team for a pocket money is not such great. Owning a team that can play CLT20 with cheap price that is business.

Posted by YS_USA on (June 28, 2012, 23:20 GMT)

SL is smartly using India's huge TV market to prosper its cricket and BD should do the same, and eventually Pakistan will do the same when that day comes. I wonder why no Indian company showed interest in buying BPL teams. Even, now, they can do it, since all teams are always availabe for sell, wholly or partly. To generate more interest in Indian market, they also need some Indian players, which I am sure they all will get. In the USA baseball league, there are 30 teams and each team plays 161 games each year. So, we already have 30 teams, waiting for 161 games!!

Posted by Natesan333 on (June 28, 2012, 21:12 GMT)

This is great stuff. I'm an Indian and I think mutual cooperation between our countries is so vital for both of our nations. We should not pay any attention to any comments demening this collabaration (from both sides).

Posted by   on (June 28, 2012, 19:52 GMT)

This is a huge shame for BCCI..They tried every thing to destroy this league but still Sri Lanka managed to attract their businessman and made them spend millions...This shows that even without overhyped indian players , Indian investors have faith in this league..seems like investors know that Indian players arent that important for Sri Lankan public.

Posted by chapathishot on (June 28, 2012, 17:58 GMT)

Required the comments of Lankan Fans .Indian cricket Fans owning a SLPL Franchise LOL

Posted by Cpt.Meanster on (June 28, 2012, 17:43 GMT)

Of course ONLY Indians can buy anything. They run world cricket. So the SLPL is nothing more than IPL's baby sister/brother. Besides, SL has always been a favourite hunting ground for Indian investors and business people since olden times. This is nothing new. The investment these Indian companies make is more than enough to get this league started but with the salary caps I see, it's highly unlikely we would see some of the game's biggest names participate in it. Still it would be good for SL's budding players to earn a living and help the national team to find future prospects.

Posted by piyo_thanda_jiyo_thanda on (June 28, 2012, 17:13 GMT)

Oh god I can't believe companies are competing for ownership in Lankan league. Not sure if someone is going to watch.

Posted by Philip_Gnana on (June 28, 2012, 16:47 GMT)

Of course the Indian Paymasters will have to have their say right? SLC cannot do without the help of the BCCI so they have to accommodate all. The Indian media is the money spinner so it will be foolish too not open the franchise to ALL

Posted by msaurav on (June 28, 2012, 16:16 GMT)

woww!!!!!... see sri lankans u envy india and indian companies buying your teams.. lol.Give respect to india .Without india your cricket is nothing .If possible BCCI can buy your 7 teams

Posted by ProdigyA on (June 28, 2012, 15:42 GMT)

Its not surprising, the Indian companies have the money so they bought it. Glad that all SLPL teams got sold.

Posted by samincolumbia on (June 28, 2012, 15:25 GMT)

The Sri lankan players should be very grateful to have Indians as their owners!

Posted by agam99 on (June 28, 2012, 14:47 GMT)

These days everything in cricket in owned/controlled/organized by Indian in owning SLPL franchises or organizing the BPL. Even many Indian companies have made presentations for organizing Pakistan's T20 league

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