Rambal not in negotiation to buy Deccan Chargers

<img border='0' align='left' title=' ' src='http://www.ndtv.com/convergence/images/thumbnail/ver1/d/deccanchargers.jpg' class='caption'> After hitting headlines for his interest in owning the IPL side Deccan Chargers, NRI industrialist Vikas Rambal said he was not in the negotiation.

Updated: November 25, 2008 12:09 IST
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New Delhi:

After hitting headlines for his interest in owning the Indian Premier League side Deccan Chargers, NRI industrialist Vikas Rambal on Tuesday said he was not in negotiation to buy the franchise and exploring other options.

"We are not in negotiation to buy the IPL side Deccan Chargers. That is not the only option for us and right now we are looking for other options as well," the Perth-based industrialist, who is sponsoring WACA Warriors in the Champions League, said on Tuesday.

Rambal, who brought Tom Moody to Western Australia Cricket Association (WACA) as coach by spending a huge sum, earlier expressed interest to share the pie of the cash-rich IPL.

"I was in that news and yes, that was a big news. But I have no relationship with the Deccan Chargers and as of now there is nothing concrete about the deal.

"My advisers might have held talks at initial stage, but I have no information regarding that," the 41-year-old industrialist clarified.

The Deccan Chargers almost finished at the bottom of the table in the inaugural edition of the IPL earlier this year.

Rambal, who signed a three-year sponsorship deal with the WACA Warriors last year, is also joining hands with the sports broadcaster ESPN Star Sports (ESS) to sponsor the jersey and apparel merchandise of the side, which will bear his name --Rambal Warriors -- during the December 3 to 10 tournament in India.

"I am quite proud to be involved with the historic tournament of Champions League, where the best domestic T20 teams will compete with each other," Rambal said.

The NRI industrialist is also hopeful that absence of left-handed Australia batsman Michael Hussey will not affect the performance of his team and said: "We have number of cricketers, who are better than him. Players like (Luke) Pomersbach and (Luke) Ronchi could also do the needful."

Hussey opted to play for his IPL team Chennai Super Kings -- the runners-up of the inaugural edition of IPL, instead of his Australian state side.

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