NRI industrialist to buy Deccan Chargers

Updated: 27 October 2008 11:28 IST

IPL's Deccan Chargers team will be sold to NRI businessman Vikas Rambal.

New Delhi:

IPL's Deccan Chargers team will be sold to NRI businessman Vikas Rambal.

Sources have told NDTV that Rambal has offered $250 million to buy 80 per cent stake in Deccan Chargers.

Consultancy firm KPMG is facilitating the sale of 80 per cent stake in the IPL team.

The sources have also said that the deal is likely to signed in 2-3 days.

Topics : Cricket Deccan Chargers
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