Ex-Cricketer Reacts To Reports Of MS Dhoni Seeking 25% Stake In CSK: ‘No One Gives…’ | Cricket News

News cricket Ex-Cricketer Reacts To Studies Of MS Dhoni Searching for 25% Stake In CSK: ‘No One Offers…’

Final Up to date:

Aakash Chopra refutes MS Dhoni’s ‘unrealistic’ 25% CSK stake demand, calling stories of the 1.8 billion valuation ‘planted’.

font
MS Dhoni went a step further, captaining India to both the 2007 T20 World Cup and the 2011 ODI World Cup on home soil, later adding the 2013 Champions Trophy to complete a rare treble. (Picture Credit: Creimas)

MS Dhoni went a step additional, captaining India to each the 2007 T20 World Cup and the 2011 ODI World Cup on dwelling soil, later including the 2013 Champions Trophy to finish a uncommon treble. (Image Credit score: Creimas)

Former Indian cricketer Aakash Chopra has mentioned that if Chennai Tremendous Kings is price 1.8 billion and former India and CSK captain MS Dhoni has requested for a 25% stake in it, the demand is unrealistic, as he refuted rumours of the identical.

Studies advised that Dhoni sought a 25% stake in CSK earlier than decreasing his demand to twenty%. However the crew provided solely a 5.5% stake to its former skipper, in line with stories.

As per Cricblogger, Dhoni was eager to amass a stake in Chennai Tremendous Kings, however discussions with the administration broke down after the 2 groups couldn’t attain an settlement on the phrases proposed by the previous India captain.

“There was discuss of 1.7 to 1.8 billion when RCB have been purchased simply now. Chennai Tremendous Kings is identical form of franchise. You are able to do the valuation nonetheless you need, however that is the franchise that has 5 trophies and has a number of franchises exterior India as nicely,” Chopra mentioned whereas talking on his YouTube channel.

“They have a legacy and quite a bit going for them. Chennai Tremendous Kings is a severe, severe model. If it’s price 1.8 billion and Dhoni has requested for a 25 per cent stake in that, it’s unrealistic,” Chopra mentioned.

“This isn’t attainable. Nobody provides 400 million to anybody,” the previous Indian cricketer added.

Chopra identified that buying a 25% stake would require an funding of $400 million, including that hardly anybody could be prepared to place up such an enormous sum. He dismissed the report as nonsensical, noting {that a} 25% stake itself was an uncommon determine.

“Then there was discuss of three.5 per cent and 5.5 per cent. I’m saying that even when it’s 5.5 per cent, simply take into consideration how a lot cash it’s. Two per cent, three per cent, or 5 per cent, that’s an unimaginable sum of money,” Chopra mentioned.

“I really feel it’s a planted story. I don’t know who has planted it. Asking for 25 per cent, then refusing 25 per cent, then giving 3.5 per cent after which settling for five.5 per cent after an estrangement, I do really feel that it isn’t true,” Chopra added.

Fast Solutions

Powered by

ask search iconAsk News18

MS Dhoni is not going to purchase a stake in CSK, as negotiations between him and the CSK administration concerning the acquisition of a stake fell by way of. Dhoni initially sought a 25% stake, however the CSK homeowners have been solely prepared to supply 3%. Regardless of Dhoni decreasing his demand to 18%, the administration’s last provide was 5.5%.

Powered by

ask search iconAsk News18

Disclaimer: Feedback replicate customers’ views, not News18’s. Please maintain discussions respectful and constructive. Abusive, defamatory, or unlawful feedback can be eliminated. News18 might disable any remark at its discretion. By posting, you conform to our Terms of Use and Privacy Policy.

Learn Extra

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *