Sun Network Bought Chargers !!!

Andrin Issac

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Chennai-based Sun TV has bought the Indian Premier League (IPL) Hyderabad franchise, earlier owned by Deccan Chronicle Holdings Ltd. (DCHL), for Rs 85.05 crores per year, it was announced on Thursday.
The Sun TV Network -- a Kalanidhi Maran-promoted media group -- bid was substantially higher than the second bid of PVP Ventures, according to a press release of the Board of Control for Cricket in India (BCCI). The franchise ownership contract will be for 10 years.
"The IPL Governing Council met earlier today in Mumbai to open the bids for a new IPL Franchise. SUN TV Network have won the Hyderabad Franchise for an amount of Rs 85.05 crore per year.
"This Franchise fee represents a premium of over a 100 per cent above the amount paid by DCHL for the Hyderabad Franchise in 2008. The SUN TV Network bid was substantially higher than the second bid of PVP Ventures, which was Rs 69.03 crore," the BCCI statement read.

The BCCI had placed a base price of 300 crore for the 10-year contract for the new IPL team to replace Deccan Chargers, which is almost half of what the BCCI set during 2010 when Pune and Kochi came into existence.
On the other hand, the BCCI has tightened the rules of owning a franchise and reserved the right to terminate the contract if the owners fail to pay the players or change the ownership pattern without informing the Board.
Also, under the new rules, the new franchise had to submit a Rs 20cr performance deposit during the submission of bids, which they would forfeit if they fail to provide an annual bank guarantee.

Source :India Today - Error 404 - Page Not Found
 

Ahmad94

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I just hope they perform and not like DC, for the last couple of seasons
 

AbhishekS

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They haven't bought the Chargers, they have bought the Hyderabad team. They are allowed to change the name.
 

SaiSrini

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Now again accusations of Srinivasan having stake in two different teams will surface (Sun Network is a primarily Tamil based channel, that later branched into Telugu and Kannada channels too).

I knew Kalanidhi Maran had the money to buy a franchise. He made one of India's costliest movie, Robot, recently (with Rajnikanth). But he is a very shrewd and clever business mind. Hope he can turn the fortunes around for Hyderabad.
 

Aswin8

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Oh so the new team name will be Solar Chargers. :p
 

RPHKR

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Probably, the name of the team would be Hyderabad Hurricanes.(Copied from Hobart). As they got 'Hyderabad' in the name, the fans will be more affectionate. :spy
 

spooony

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Apparently they threw in a free subscribtion of Readers Digest with the deal.

Sun Network was ecstatic over the deal and have been reported to have said the following: "Its a fantastic deal. We really got it for a steal. Buying a years subscription to Readers digest and get a free cricket franchise with it!"
 
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do you like their jersey....:rolleyes
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Hyderabad Sunrisers



Sunrisers Hyderabad
From Wikipedia, the free encyclopedia

Captain: Kumar Sangakkara
Coach: Tom Moody
City: Hyderabad, ,Deccan Andhra Pradesh
Colours: Orange, Grey
Owner: Kalanidhi Maran, (Chairman & MD ? Sun Network)
Home ground: Rajiv Gandhi International Stadium
(Capacity: 55,000)
Official website: SunRisers - Hyderabad

Sources say that Kumar Sangakkara would not be the captain, because of an injury, hence vacating the post for a captain. The team jersey was unveiled on March 8, 2013, and team anthum directed by G. V. Prakash Kumar was released on March 12, 2013.Their logo was unveiled on December 20, 2012, along with the announcement that the team's management would be led by Krishnamachari Srikkanth, Tom Moody and VVS Laxman.

Sunrisers Hyderabad will replace Deccan Chargers from IPL 2013 onwards. They retained 20 players from the old Chargers, and had slots open for 13 players (eight Indian, five overseas).They got Thisara Perera , Darren Sammy , Sudeep Tyagi , Nathan McCullum , Quinton de Kock and Clint McKay [6]

Current squad

Players :-

No. Name Nat Birth date Batting Style Bowling Style Notes
Batsmen
02 Jean Paul Duminy SA 14 April 1985 (age 27) Left-handed Right-arm off break bowling Overseas
06 Bharat Chipli IND 27 January 1983 (age 30) Right-handed Right-arm off break bowling
07 Cameron White AUS 18 August 1983 (age 29) Right-handed Right-arm leg break Overseas
06 Akshath Reddy IND 11 February 1991 (age 22) Right-handed Right-arm leg break bowling
50 Chris Lynn AUS 10 April 1990 (age 22) Right-handed Slow left arm orthodox Overseas
69 Dwaraka Ravi Teja IND 5 September 1987 (age 25) Right-handed Right-arm leg break
All-rounders
01 Thisara Perera SRLAN 3 April 1989 (age 23) Left-handed Right-arm medium fast Overseas
14 Ashish Reddy IND 25 February 1991 (age 22) Right-handed Right-arm Spin
10 Sachin Rana IND 18 September 1984 (age 28) Right-handed Right arm fast-medium
15 Nathan McCullum NZ 1 September 1980 (age 32) Right-handed Right-arm off break Overseas
52 Biplab Samantray IND 14 December 1988 (age 24) Right-handed Right-arm medium
88 Darren Sammy WI 20 December 1983 (age 29) Right-handed Right-arm medium-fast Overseas
Wicket-keepers
11 Kumar Sangakkara SRLAN 27 October 1977 (age 35) Left-handed Right-arm off break Overseas
42 Parthiv Patel IND 9 March 1985 (age 28) Left-handed Right-arm off break
Quinton de Kock 7 December 1992 (age 20) Left-handed Overseas
Bowlers
01 Ishant Sharma IND 2 September 1988 (age 24) Right-handed Right-arm fast-medium
05 Ankit Sharma IND 20 May 1991 (age 21) Right -handed Slow left arm orthodox
08 Dale Steyn SA 27 June 1983 (age 29) Right-handed Right arm fast Overseas
09 Anand Rajan IND 17 April 1987 (age 25) Right-handed Right-arm medium-fast
17 Sudeep Tyagi IND 19 September 1987 (age 25) Right-handed Right-arm medium-fast
27 Clint McKay AUS 22 February 1983 (age 30) Right-handed Right-arm medium-fast Overseas
45 Amit Mishra IND 24 November 1982 (age 30) Right-handed Leg-spin
72 Veer Pratap Singh IND 3 May 1992 (age 20) Right-handed Right-arm medium

Captain:Kumar Sangakara
Coach: Tom Moody
Mentor: Kris Srikkanth
Mentor-Ambassador: VVS Laxman
Bowling Coach: Waqar Younis

Player salaries:-

Nat Player Year Contract
Signed / Renewed Salary
Dale Steyn 2011 $1,200,000
Cameron White 2011 $1,100,000
Kumar Sangakkara 2011 $700,000
Parthiv Patel 2012 $600,000
Ishant Sharma 2011 $450,000
JP Duminy 2011 $300,000
Shikhar Dhawan 2011 $300,000
Amit Mishra 2011 $300,000
Juan Theron 2011 $85,000
Chris Lynn 2011 $20,000
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