Kochi Tuskers Kerala to be sold?

Team Kochi is back in the news. Information filtering through its ownership circle is that the Indian Premier League (IPL) team could be up for sale. The team with a multiple ownership has suffered a loss of over Rs125 crore in its first year in the IPL. More than Kochi Tuskers’s poor performance, the cash flow to run the second-most costliest side seems to have hurt them. The team was bought for $333 million (approximately Rs1,500 crore).

Conflicting signals were emanating from the team on Monday. One of the owners confirmed that the team is up for sale, while another said the news was not true. “I can confirm that the team is going for sale,” said one of the owners refusing to divulge more information. Mehul Shah of Anchor Switches, which holds the largest stake in the team, said the team is not up for sale. “We are not selling the team,” he said.

A team insider revealed that the memorandum of understanding was such that the owners hold the first right of refusal if one of them wants to sell his stake. Anchor Switches and Parinee Developers are the major stakeholders in the side.

The team has struggled financially in its first year. It struggled to generate sponsors while the operational expenses were exorbitant. Having bid for $ 333 million, it had to pay Rs150 crore to the Board of Control for Cricket in India (BCCI) towards franchise fee. The player fee was about Rs45 crore and other operational costs were estimated to be over Rs20 crore. In return, they would get about Rs42 crore from the BCCI’s central sponsorship share. The team hardly had any revenue from the gates, having faced problems with the police in Kerala. The sponsorship money was meagre.

“That would have left the balance sheet for the first year with a loss of Rs125 crore. One more year and the losses would double. Who will take such heavy losses,” said an IPL insider who is familiar with the functioning of the IPL teams. The BCCI denied knowledge of the development. Meanwhile, it is learnt that a couple of other teams, who did not do too well in IPL-4, were looking to offload a large chunk of their stakes.

Tusker's loss the qualifying round ..

It is Unfortunate that KTK didnot qualify the round and have no oppurtunity to fight in the Finals.

Now I am with RCB. But i am impressed with KTK's game against Rajasthan Royals.

But Tintumon will keep a discussion with the officials to motivate the team.

Hats off to Prashanth Parameshwaran ( New Discover of KTK )

The Real Tusker's ...

When the Tuskers loss their first two games with KKR and PW . the team was under estimated by the whole cricket fans of the world. The Team was also disappointed at the situation. The Next match was against MI lead by Sachin in their home ground.

Tintu mon give advice to the team....

The Team made a Victory against MI . When the Indian Captian Dhoni's team came to Kochi, They prove the change of team ...

Actually What did Tintu mon said to them

" MOKHA MIL GAYA THO JEET KAR AAJA "

Tintumon ensure his Support to Kochi Tuskers Kerala

Our Star and Owner of Tintumon's Tigers Team ensure their support to Kochi Tuskers Kerala. Tintumon gives no details to the media.

But Still he is disappointed with the Logo of the Team Kochi Tuskers kerala.

He said " As a Keralite, I should ensure my Support to the Team. I was totally diappointed with the name " Indi Cammandos " . But i am happy now. The Name is Better now. He also suggested the team officials to change the website and logo and make it more attractive.

He will be actively supporting the Kochi Tuskers.

Interview with Tintumon

Hi, Tintumon

What made you to the team for Kerala in IPL 2011 ?

Ans : Actually, I was not planning to make a team as a team akready exist and i too supported the team. As i am the mobile hero. I give maximum support through my fans. But they give the name which is against the wish of fans. It made me to think a team for the fans.

Tintumon's Tigers - the name doesnt includes Kerala either.

Ans : Yes. it doesn't . But all indians know me as a Keralite, and Tuntumon is always a puli ( tiger)
So according to my fans. the name got supported.

Will your tigers enter in 2011 IPL Battle ?

Ans : We will be in the Battle through SMS, Blog,Twitter,Facebook,Orkut etc... Actively participating the IPL match.

Do other teams agree your arrival ?

Ans : I dont need support of the other teams. My fans are my strength .

What about the Team Management ?

Ans : Team Management is I myself , Tuttumol my gilfriend and my god father Sasi are included.

And About the Coach ?

Ans : Baiju, who is really famous in Kerala and in the International level between the Keralities is our Coach.

How about the Team ?

Ans : The Best Players of the Teams will be hired before the IPL Matches.

About the Brand Ambassordor ?

Ans : Prithviraj and Bhavana is suggested by some of my fans, Some time you can expect other celebities too .

What is the Team Slogan

Ans : Our Slogan is " Dont Play Boys,Dont Play... " It means no other can win infront of our team. So it is better dont play with us.