Vijay Malya who is the owner of Indian Premier League Royal Challengers team franchisee. He was just few day ago also buy another franchise but it was not of IPL but its are Caribbean Premier League team of Barbados Tridents.
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As per News, Caribbean Premier league one of Team Barbados Tridents team sold for 2 Million USD and their owners is Mallya.
Mr. Mallya said, “I’ve acquired the team. It is a joint venture if not exactly in the classical sense of the term. I will, of course, take a lead role and that is because I understand the Twenty20 competition. There is no central revenue in the CPL as in the case of the IPL (Indian Premier League) and the revenue stream is tickets and sponsorship. The numbers did not add up and the only solution was to go to the government.”
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Vijay Mallya becomes the owner of Barbadose Tridents
“I met the Prime Minister of Barbados and he has promised all the support. Once the government came forward, I told the CPL that I’m ready. It is a joint venture of sorts. Going forward, the CPL has said it will disburse central revenue and when it happens, it will be bonus,” he added.
CPL new owner Mallya said, “It can be recovered as Kensington Oval in Barbados is one of the best stadiums in the Caribbean. The CPL history shows all games are full.”
He said, “It will not be RCB II. They have a name and I don’t want to tinker with that. Trident is the national symbol of the country and so I don’t intend to change it.”
Barbadose Tridents team is the winners of CPL T20 Championship 2014.
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