Warne in line for potential windfall for small stake in RR


Melbourne, Dec 8 (IANS): Australian spin legend Shane Warne revealed that he is awaiting a big payday from his former Indian Premier League side Rajasthan Royals due to the small stake he got in the franchise for the four years that he played for them from 2008 to 2011.

According the Herald Sun, part of Warne's deal with the owners of RR was that he would be given an ownership of 0.75 per cent of the franchise for every year he plays in the IPL for them.

"(It was) part of my deal because I had retired from international cricket and I came out (of retirement), they asked me to be captain, coach and run a cricket team the way I wanted to run it; I was the one-stop shop," he is quoted as saying by the Australian daily.

His first season with Rajasthan Royals ended in an extraordinary win for the unheralded side which consisted of a number of inexperienced international players and many uncapped Indian players, one of whom was Ravindra Jadeja.

"We were the underdogs, we were the least favoured, no one gave us a chance to win. It was the first ever year of the IPL of franchise cricket where owners bought players and players went into auctions."

The franchise is currently worth USD 200 million and Warne estimates that the valuation could be doubled in the next couple of years. "Three per cent of USD400 million is all right," he said.

  

Top Stories


Leave a Comment

Title: Warne in line for potential windfall for small stake in RR



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.