Sunday, September 29, 2024
spot_img

Sachin picks up stake in PBL franchise

Date:

Share post:

spot_img
spot_img

Bengaluru: Cricketing legend Sachin Tendulkar on Thursday ventured into the world of badminton as co-owner of Premier Badminton League (PBL) franchise “Bengaluru Blasters” alongside Tollywood film stars including Chiranjeevi.
“Sachin, Chiranjeevi, Akkineni Nagarjuna and Allu Aravind, besides myself – we all of us have formed a consortium and invested in Bengaluru Blasters,” team Co-Owner and businessman Nimmagadda Prasad told reporters here.
Asked about the stakes picked up by the consortium members, Prasad denied to share details on it, but said he would disclose the details at an opportune time.
“For now we will not disclose the breakup of investments made by the members of the consortium, but would disclose it at an opportune time,” he said.
Asked whether it is a riskier affair to enter into badminton league which has not taken off as expected compared to Pro-Kabbadi, Prasad said the investors have bought the team considering the risk factors involved and with a desire to raise the standards of the sport in India. (PTI)

spot_img
spot_img

Related articles

Beef ban seekers denied entry at Umroi airport

Horde of pressure group members gathers at airport. Shankaracharya releases video, reveals he hoisted cow flag aboard...

VPP takes swipe at CM, asks him to ‘lead from the front’

By Our Reporter SHILLONG, Sep 28: Training guns on Chief Minister Conrad Sangma in the wake of the ongoing...

Christian leaders’ forum seeks curbs on ‘provocative’ yatras

By Our Reporter SHILLONG, Sep 28: The Khasi Jaintia Christian Leaders Forum (KJCLF) on Saturday urged Chief Minister Conrad...

State inching closer to digital edn: Min

By Our Reporter SHILLONG, Sep 28: Education Minister Rakkam A Sangma emphasised that embracing technology is crucial in today's...