High Signal Podcasts Evidence ledger
Method
Browse
← Back to evidence

Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

24 Mar 2025 Acquired Indian Premier League Cricket

“Preity Zinta’s group gets the Kings XI Punjab for $76 million, suspiciously close in price to the $75 million Shah Rukh Khan bid, but only $1 million more. Anyway, this (I think) is known at the time.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
24 Mar 2025
Publisher
Acquired

Transcript context

…The way that the weighing machine of this market turned out is, hey, the teams actually are all pretty equally valuable. They did a great job balancing the league. That’s exactly what I read to Ambani only paying $110 million. Totally. The central revenue stream. This is an incredibly well-architected league. The cheapest franchise, as we said, is the Rajasthan Royals, which is bought by a UK investor consortium led by Manoj Badale, who actually lives in the UK in London for $67 million, so roughly half the price of the Mumbai franchise. Shah Rukh Khan’s group gets the Kolkata Knight Riders for $75 million. Preity Zinta’s group gets the Kings XI Punjab for $76 million, suspiciously close in price to the $75 million Shah Rukh Khan bid, but only $1 million more. Anyway, this (I think) is known at the time. One of the other board members of the BCCI who would soon become the chairman of the BCCI, a gentleman named N Srinivasan, who also is an industrialist who owns the India Cements company, buys the Chennai Super Kings for $91 million, despite also being a board member of the BCCI. Hey.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

Search evidence