Tuesday, March 23, 2010

Pune and Kochi Added to IPL Teams

Pune and Kochi will be the two new teams in IPL 4. Its amazing to know how much they are worth. Pune was bought for 370 million USD, and Cochin for 320 million USD.

This is good for Indian cricket, especially for young/club level cricketers from all over. Its also good for the tier-2 cities like Pune and Cochin who will be now able to host matches and flourish. We have cricket-crazy crowd all over India, and surely a good market for such business to prosper.

Its also worth noticing that most of the teams and cricket stadiums are concentrated in the south and west of India. Our eastern states are laggards. [Source : TTOI - March 23, 2010]. They should also come up and form some kind of strategy to get a share of the big pie that IPL is eating. They can spend on world-class stadiums and infrastructure to lure the organizers to their states.

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