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ARTICLE · 07 JULY 2011

"Smells Like Team Equity"

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The transparency of ownership in the Indian Premier League, or IPL, has garnered much attention of late, with much of the focus being on the equity ownership of the new Kochi franchise.

IndiaMedia, Telecoms, IT, Entertainment
Desh Gaurav Sekhri
Desh Gaurav Sekhri
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Originally published in the Indian Express dated April 15, 2010.

The transparency of ownership in the Indian Premier League, or IPL, has garnered much attention of late, with much of the focus being on the equity ownership of the new Kochi franchise. While it would be premature to speculate on whether or not the ownership of the ten franchises is of questionable antecedents, what seems to have gone relatively unnoticed in all the fuss is that this is an extremely positive development, albeit if carried out under duress.

There shouldn't be an iron curtain when it comes to information on team and league ownership in professional sports leagues. Indeed, the IPL is one of the only global sports leagues about which so little is known when it comes to the stakeholders. Until now this was not really an issue; but transparency in ownership is a must, as is accountability of the league and confidence in its conforming with legal and ethical considerations.

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