Kalanithi Maran-promoted Sun TV Network is open to selling its loss-making IPL franchise even as the cash-rich T20 league has generated controversies over spot-fixing and betting charges. Sun TV Network, which had bought the Hyderabad team in October 2012 with a winning bid of Rs 425 crore (Rs 4.25 billion), is open to hiving off the IPL franchise into a separate entity for a possible sale. No steps, however, have been taken to work towards a sale of the IPL franchise. A decision has also not been taken in this regard.
Read more at: http://www.televisionpost.com/television/sun-tv-open-to-selling-ipl-franchise/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/television/sun-tv-open-to-selling-ipl-franchise/ | TelevisionPost.com