Sports becoming serious Business – Mukesh Ambani & Subroto Roy bid for Liverpool
Owning sporting clubs seems to be the “in” thing amongst Indian Business Barons. With success of IPL, Indian business honchos are probably getting the taste of direct and indirect benefits of owning a club.
And its just not cricket anymore – Kingfisher’s Vijay Mallya is doing it successfully (although I think still in loss) with Force India Formula One team.
Now it is rumoured that Mukesh Ambani is interested in picking up majority stake in Liverpool. The premiere football club is reeling under heavy debt (of close to $250 million) and this sale would do wonders to wipe off the loan !
Its not only Mukesh, but even Sahara’s Subroto Roy is in fray to pick up majority stake in the clubs.
These are unconfirmed reports, as both the sides have summarily dismissed this news, last year also we had similar news where GMR wasÂ rumoredÂ to pick up stake in Liverpool – however, like in most cases these rumours have some kind of base for it to come out.
So very soon you may see Reliance or Sahara on the Red jersey’s of Liverpool players instead of Carlsberg ;) – Nice !