Rendezvous Sports World
Lua error in package.lua at line 80: module 'strict' not found. Rendezvous Sports World (RSW) is a new cricket franchise in the Indian Premier League which has 10% of equity on Kochi IPL Team. Rendezvous Sports World Limited is a consortium made up of multiple companies. It had made the winning bid of USD 333 million in a global invitation to tender process called by the IPL for two new franchises from IPL season 2011.[1]
In April 2010, it threatened to sue IPL commissioner Lalit Modi for breaking confidentiality terms by disclosing details of the stakeholders in the new Kochi IPL team on the micro-blogging website Twitter.[2]
Modi further revealed that of the Rendezvous 25% free, 18 percent share (4.5% of total equity worth Rs. 70 Crores) is held as sweat equity by Sunanda Pushkar, who was then a female friend and later wife of Congress Politician Shashi Tharoor.[3][4] Later amidst demands for Tharoor's resignation from the Union Cabinet by the opposition parties for alleged corruption,[5][6] Sunanda Pushkar "voluntarily" gave up the sweat equity.[7]
References
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<references />, or <references group="..." />External links
- Who is Rendezvous Sports World Limited
- Who owns Rendezvous Sports World - IPL Kochi Franchise
- Tharoor inspired Rendezvous Sports to bid for Kochi
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