Shah Rukh Khan to exit Kolkata Knight Riders ?

Posted: April 30, 2009 by moifightclub in bollywood, etc, News, shit
Tags: , ,

srk-kkrAccoring to this report in Rediff, Shah Rukh Khan has decided to exit Kolkata Knight Riders. Yes, finally! It seems the actor has already started talking to various companies to sell the team that he just bought a year ago for Rs 300 crore. 

Reasons ? Losses. On field and off field.

On field – welll, Kolkata Knight Riders team are at the bottom of the score card. This is what happens when you have too many heads and ego issues in the team. And only one man is responsible for messing it all. Shah Rukh Khan.

Off filed –  Here is the calculation according to Rediff…

Khan is supposed to pay Rs 30 crore per year for the next 10 years. The total annual cost for the team is about Rs 75 crore. 

To settle the dispute between Kolkata Police and the IPL organisers over the cost of security arrangements at Eden Gardens, Red Chillies Entertainment had to agree to pay Rs 75 lakhs as security fees.

Khan had earlier said that KKR was easily the most successful IPL franchise, making a Rs 13 crore profit last year. However, his costs trebled last year owing to interventions from the Kolkata Municipal Corporation and Cricket Association of Bengal.

Red Chillies had to pay Rs 90 lakhs per match and was supposed to earn Rs 3 crore if all stadium tickets were sold at Eden Gardens. Red Chillies had to pay Rs 20 lakhs to the police and municipal tax of Rs 500,000. So its expenses per match would have been over Rs 1 crore. But this figure had trebled.

Last year,  Kolkata Police demanded Rs 2 crore as security fees, against Rs 50 lakhs that the organisers of the IPL offered. Then, the Kolkata Municipal Corporation demanded Rs 25 lakhs from Red Chillies as amusement tax for holding IPL matches at Eden Gardens.

Its much easier for Shah Rukh Khan to make money by dancing at weddings!

  1. sanjana says:

    srk WELL DONE in kkr u don hav gud players so do sum thin n own dc nd its a total loss 4 u kkr sucks

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