MUMBAI INDIANS was one of the most expensive franchise in the first three editions of the IPL. With the backing of Reliance Industries, headed by Mukesh Ambani, money has never been a problem for the franchise, which can be seen by the high-priced cricketers present in their team. The franchise has come into the picture not for their business but for their involvement in the development of other sports after it decided to tie up with the 120-year old Mumbai School Sports Association to develop infrastructure in other sports.
In fact, such kind of initiative should have been taken by the government for the upliftment of other sports. With such kind of initiative, the government should be encouraged and also wake up to make right use of the money that has been generated through the IPL.
On the other hand, Mumbai Indians cannot afford to take such kind of a stance at the cost of the profitability of their franchise. It is worth mentioning that the Mumbai Indians was said to have incurred a loss of around Rs. 15 crores in the fiscal year 2010-2011. But, with the smart businessman in the form of Mukesh Ambani overlooking matters, he is bound to have thought it out so that the Mumbai Indians IPL franchise does not suffer financially in the bargain.
She futher added, “We belive in strengthening the infra support to MSSA. Children from all walks of life will get an equal chance to excel in sports. We are ensuring that our support to MSSA will enable children from municiplaity schools to particpate without paying any fee.” The franchise is aware of the importance given to cricket in our country, as a result of which she is working in the development of other sports as well.
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