Muthoot Pappachan Group, Mohanlal, Priyadarshan to bid for IPL team?

Speculation abound that a consortium of Muthoot Pappachan Group, Mohanlal, Priyadarshan and few investors from Middle-East would be bidding for an IPL team in the next round. VC Circle has a report here.

I find it difficult to figure out their business model considering the diversity of promoters and the interests each would have. An IPL team is more like a business entity, which needs a business model and strategy. And everything revolving around cricket makes it a high risk, high return business. Let us wait to hear more. I can't stop thinking of names...Kerala Kuttans?

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