CSK to retain Raina; Kedar, Chawla and Vijay's fate hangs in balance

Agencies
January 20, 2021

https://www.hindustantimes.com/punjab/punjab-cm-slams-opposition-over-school-history-books-row/story-VrgVjNMxqqhjYKJLt4W3eK.html  https://www.hindustantimes.com/rf/image_size_960x540/HT/p2/2018/04/30/Pictures/_b66523a2-4ca1-11e8-8287  ...

New Delhi, Jan 20: Chennai Super Kings has decided to retain Suresh Raina going into the mini-auction ahead of the 14th edition of the Indian Premier League. But Kedar Jadhav, Piyush Chawla and Murali Vijay's fate hangs in balance. 

Foreign stars like Dwayne Bravo and Faf du Plessis are also set to be retained while Harbhajan Singh has been released and Shane Watson has retired.

Speaking to ANI, sources in the CSK outfit said that the management will take a final call on the likes of Kedar and Chawla before submitting the final list to the Board of Control for Cricket in India (BCCI) at 5 pm on Wednesday.

"Raina will definitely be a part of the CSK family. He is an integral member and there was never any doubt on him being retained. It was his personal call to return from UAE and the management was clear that his space needed to be respected. We expect him to fire on all cylinders this time around.

"As for Kedar, Piyush and Vijay, we will have to see. It is a touch and go situation and a final call will be taken by the senior management before the final list is submitted to the BCCI today," the source said.

Asked about any other big name who could miss out, the source said that the core would very much remain the same. "Harbhajan has been released as you are aware and Watson has retired. Apart from that, don't see any big name missing out. Bravo and du Plessis will be with us," the source pointed.

With the mini-auction inching closer, franchises looking to retain players were asked to complete the process by Wednesday. Former India batsman Aakash Chopra feels 'Dad's Army' CSK has heavily relied on senior players in the past and the time has come to introduce young guns in the side.

Mahendra Dhoni-led CSK had a dismal outing in last year's IPL. The Chennai based franchise finished at the seventh position in the points table. Chopra said CSK need to change their strategy and must retain last year's match-winners like Shardul Thakur and Ruturaj Gaikwad.

"As the deadline for the IPL Player Retention process approaches, I feel now would be the right time for CSK to shed their 'Dad's Army' tag and introduce young talent in the team," Chopra said on Star Sports show 'IPL: Retention Special'.

"Mahendra Singh Dhoni has relied heavily on senior players who have performed in the past, but he along with the CSK think-tank need to change their strategy. They would certainly need to retain last year's match-winners like Ambati Rayudu, Shardul Thakur and Ruturaj Gaikwad," he added. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 22,2024

IPL.jpg

The start of the world’s most lucrative cricket tournament in India is presenting investors with another big opportunity to cash in on the sport, months after the world’s most populous nation hosted the Cricket World Cup.

The eight-week long Indian Premier League begins March 22 for its 17th season. Since its inception, the fast-paced cricket tournament has become a corporate juggernaut to rival the National Football League in the US and the English Premier League in value.

Just as October’s Cricket World Cup boosted consumption in India for months, fans are expected to flock to restaurants, pubs and food delivery platforms over the duration of the tournament. This year’s IPL also coincides with general elections that will last for six weeks starting April 19, a period when companies are expecting higher food and drink sales as people flock to rallies and other events.

“There’s going to be a lot of spending,” said Madan Sabnavis, chief economist at Bank of Baroda. “IPL, as well as the election, gives a three-month corridor with enhanced economic activity.”

Stocks in India such as McDonald’s franchise operator Westlife Foodworld Ltd. and peer Sapphire Foods India Ltd. gained ahead of the first match on Friday, as well as hotels and beverage makers. Packaged-food companies could also stand to benefit from the IPL craze, said Sachil Bobade, an analyst at investment firm Dolat Capital Market.

The IPL ecosystem was valued at $11 billion (Rs 91,721 crores) in 2023, including the value of media rights and sponsorships, according to Indian valuation consulting firm D&P Advisory.

The league is also attracting record sums of money from sponsors and broadcasters. Conglomerate Tata Group won the title sponsorship rights of the tournament in January for a record 25 billion rupees ($300 million). Billionaire Mukesh Ambani’s media venture secured the digital streaming rights in 2022 for five years for $2.7 billion, while Walt Disney Co. paid roughly the same for TV rights.

“There was a serious amount of bidding even this year,” said Vinit Karnik, head of entertainment, esports and sports at media agency GroupM South Asia. “I see growth in IPL in double digits year-on-year,” he adds.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.