×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Returns of owning a sports team massive

Last Updated 26 July 2017, 19:34 IST

One of the most exciting, fulfilling properties that financially successful individuals can own is a sports team. Better still, if that team is a part of a strong, stable and robust league. Yes, a sharp eye needs to be kept on what the whole annual exercise costs. But not on what the whole exercise collects in terms of revenue! 

If the latter is the primary concern, then it is best to not swim in this pleasurable pond. Seen with a slightly larger lens, the returns of owning a sports team are plentiful. In terms of the joy, excitement, pleasure and privilege. As well the immense satisfaction of building, developing, managing and structuring a team.  Not just the current crop of team members. But also inspiring countless others to dream and perchance to play sport at a level where they are noticed and can begin to receive returns for those countless years of blood, sweat and tears.

In a fresh, reset mode, the Karnataka Premier League, undeniably the most successful and long serving domestic cricket tournament in India, is now providing a rare opportunity for prosperous entrepreneurs of the State to become closely connected with the game. The KSCA has floated documents for the ownership of up to 8 territories/cities within Karnataka, including the welcome return of a team representing Bengaluru. 

Fittingly, some of the erstwhile team owners are set to renew their support by retaining their teams under the new terms. Over the years, the franchisees have been instrumental in providing the KPL with strong, committed, stable support.

ADVERTISEMENT
(Published 26 July 2017, 19:34 IST)

Follow us on

ADVERTISEMENT
ADVERTISEMENT