According to Red Chillies official;, Khan wants to exit owing to the team’s poor performance – so far the team has won only one rain curtailed game under the Duckworth Lewis method – and rising costs.
Rising cost is another main reason to Sell the team.
According to initial calculations, Red Chillies had to pay Rs.90 Lakh per Match and was supposed to earn Rs,3 Crore if all stadium tickets were sold at Eden Gardens. SO its expenses per match would have been Rs.1.70 Crore. But this figure had trebled last year.
Last year, The Kolkata Police demanded Rs.2 Crore as security fees against Rs.50 Lakhthat the organisers of the IPL offered. Then, the Kolkata Municipal Corporation demanded Rs.25 Lakh from Red Chillies entertainment instead of just Rs.5 Lakhs…….!!!!!!!
So Finally Shah Rukh Khan is planning to exit from the Kolkata Knight Riders.
Shah Rukh Khan was trying to sell a stake in Kolkata Knight Rifers (KKR) for some time. But most companie he approached also wanted management control, Khan is now talkinh to Nokia, Sahara, Anil Ambani & others to sell his entire shareholding.
If the BCCI does not increase the number of teams for next year, Khan could get double what he paid.
Khan bought Knight RIders for Rs.300 Crore and is supposed to pay Rs.30 Crore per year for the next 10 years. The total annual cost for the team is about Rs.75 Crore.
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