14 Mar
If the market grapevine is to be believed, some of the IPL T20 20-20 Cricket Teams will soon go for an IPO and will be listed and traded on the Indian stock markets in a year or two. The funds generated from the IPO will be used to manage the teams and for the purchase of international as well as domestic cricketers. The funds will also go towards insurance needs of the team and its players. From next year, it is likely that the price of the players is expected to rise exponentially. So funds generated through the IPO would certainly be very helpful to the IPO T20 team owners to purchase good players for their teams. More on the IPL T20 20-20 Cricket Teams IPO will be updated here soon.
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