Kolkatta not for sell: Shahrukh Khan

Kolkata Knight Riders is not for sale according to Shahrukh Khan. Recently sources have said that all Shahrukh Khan wants to do is wash his hands of the team. After losing 5 out of 7 games in South Africa for the IPL, reports began to fly that Shahrukh was in talks with three companies to sell his team. However, King Khan has shut down these accounts and notes, "The amount of love I have invested in it, nobody in this world can afford to buy it.

Bollywood star Shah Ruhk Khan has rubbished the reports that his IPL team Kolkata Knight Riders is on sale. According to reports, Shah Rukh was in touch with Nokia, Sahara and the Anil Ambani Group to sell the side he had bought last year for Rs 300 crore. According to SRK, KKR made minimum profit of Rs 13 crore last year. However, his costs trebled last year owing to interventions from the Kolkata Municipal Corporation (KMC) and Cricket Association of Bengal.



He had to pay Rs 90 lakh 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 lakh to the police and municipal tax of Rs 5 lakh. So its expenses per match would have been over Rs 1 crore. But this figure had trebled.


Kolkata Police demanded Rs 2 crore as security fees, against Rs 50 lakh that the organisers of the IPL offered. SRK had to agree to pay Rs 75 lakh as security fees.

The Municipal Corporation (KMC) demanded Rs 25 lakh as amusement tax for holding IPL matches at Eden Gardens. For that a rumor that shahrukh khan to sell Kolkatta Knight Riders spread out.