RCB 1

1 | Page Corporate Restructuring
Corporate Restructuring
Contents
List of Abbreviations................................................... ......................3
List of Appendices........................................................................... ..3
List of References.................................................... .........................4
Acknowledgements....................................................... ....................4
INTRODUCTION................................................ ......................................4
Note: My words are very few. Most of the words used here are taken from the
books &reference material......................................................................................5
IPL EXPLAINED.................................................................... ...................5
IPL - The concept.................................................................................... .................5
The people who matter...........................................................................................5
The Money.................................................................................................... ...........6
The Revenues & Expense details.............................................................................6
Auctions................................................................................................................. ..6
The Bidder’s.............................................................................. ..............................7
Sealed-Bid First Price Auction..................................................................................7
Auction Strategies............................................................................. ......................8
First-Price, Sealed Bid Strategy ......................................................11
The Franchises.................................................................. ..............12
Player’s Auction................................................................ ..............12
English Strategy ........................................................................... ..13
THE COLLAPSE................................................ .....................................14
Royal Challengers Bangalore.................................................................................14
Current squad .......................................................... ...........................15
BATSMEN......................................................................... ...............15
Wicket Keepers & All-rounder..........................................................15
BOWLERS............................................... ........................................16
Administration and coaching staff............................................ ........17
Criteria Used by Dravid & Charu Sharma for selecting players:..........17
The Collapse..................................................... ...................................18
Solution given by Martin Crowe...................................................... .......19
Analysis of Team Composition..................................... ..........................19
Names of Famous players.................................................................................... ..20
Criteria for selecting International Players:...........................................................20

Criteria for selecting Catchment area & Under-22.................................................21
Money ball Concept.............................................................................. .................22
Fundamental Analysis.......................................................................................... ..23
Note: Not all the players’ analysis has not been done.............................24
Team Players-Brief Introduction............................................................24
Corporate Restructuring............................................. ..........................41
Rationale for Corporate reorganization in the context of Royal
Challengers Bangalore team..................................... .......................42
Overview of corporate restructuring................................................ 42
Caution: We will be discussing only internal restructuring.................42
Strategies for people restructure...................................... ...............42
Even after using the above methods if we did not get the desired
result then “Get rid of those People”...............................................43
Strategy for Divisional Restructuring...............................................43
Players on Bench........................................................................... ..45
Strategy for Revenue restructuring........................................ ..........45
Appendix 1................................................... ..................................46
Appendix 2................................................... ..................................48
Bowling Figures................................................ ..............................48
Appendix 3................................................... ..................................49
List of Abbreviations
Mth= Matches
Inns= Innings
N/o=Not-Out
Hs = Highest
Ave = Average
BF = Balls Faced
SR= Strike rate
Ct= Caught
Wkts= Wickets
BBI= Best Bowling In an Innings
BBM= Best Bowling in a Match
Econ= Economy
List of Appendices
Appendix 1: Batting Figures of all the RCB players.
Appendix 2: Bowling Figures of all the RCB players.
Appendix 3: Royal Challengers Bangalore matches Results.
List of References
Newspapers
Times of India
Economic Times
The Mint
The Hindu
Books
Game theory by Roger A. McCain
Investment Banking by Pratap G Subramanyam
Financial Management by Dr.Prasanna Chandra
Tactics by Edward De Bono
Shakespeare’s Macbeth
Websites
www.Wikipedia.com, www.espnstar.com, www.Rediff.com
www.Royalchallengers.com
Acknowledgements
Thanks to Dr. Prasanna Chandra for creating such a wonderful Course in Finance
through his Certification Programme.
Thanks to Presh for introducing me into the most interesting field of Game theory
through his blog.
I look forward to receiving suggestions from the readers for further improving my
knowledge.
INTRODUCTION
Sports, Entertainment and Politics are the main areas of interest prevailing in India.
The Indian Youth with an enormous spending power spend their money in
entertainment and sports. Imagine a situation, where in a Bangalore youth walks
into PVR and throws Rs.500 for three hours of entertainment. Similarly, sports also
have this type of welcome especially with the recent thumping inauguration of IPL.
Cricket, once used to be a gentleman's game now receives thumping response from
all age groups with the introduction of Twenty 20 format. In fact, T20 has become a
major means of entertainment.
This document is contains four parts:
Part 1 is IPL Explained. This part deals with the Terms & Conditions of BCCI for
selling there Franchise & Player’s. The concept is explained with the help of Auction
theory.
Part 2 The Collapse: This part begins with the reasons cited for the collapse &
contains the analysis of one of major reason of collapse. It also contains the
strategy of picking the players by using Financial Concepts such as Stock picking
criteria & Money ball concept which is used in baseball for picking the players.
Part 3 Team Players: This part contains the Statistics of the players & analysis of
some of the players.
It does not include all the players.
Part 4 Corporate restructuring: As the name suggests it contains the details of team
restructuring & Revenue structuring. The revenue part is not discussed in details.
The aim of this Document is to “improve my own understanding” on the subject

of Auctions, Corporate Restructuring & Corporate Strategy.
In between I have used the dialogues of one of the greatest tragedy of

Shakespeare play Macbeth.
Note: My words are very few. Most of the words used here are
taken from the books &reference material.
IPL EXPLAINED
IPL - The concept1
The Indian Premier League (IPL) was launched by the BCCI on September 14, 2007
amid a lot of media hype. Based on the lines of the English Premier League (EPL)
and the National Basketball League (NBA), the IPL is apparently the brainchild of
BCCI vice-president Lalit Modi. The idea was tossed up as far back as 1996 but was
turned down by the Board which thought the concept would contradict its structure
of domestic cricket.
The League will have some of the best cricketers from around the world playing for
eight teams, alongside Indian senior and under-19 cricketers.
IPL, which now has a title sponsor in DLF, will see a total of 59 matches spanning
over 44 days beginning April 18.
The people who matter

The BCCI has formed an IPL council which will include former BCCI president IS
Bindra, Vice presidents Rajiv Shukla, Chirayu Amin, Lalit Modi and Arun Jaitley who
will be honorary members. Former cricketers Sunil Gavaskar, Ravi Shastri and
Mansur Ali Khan Pataudi will be paid for their services to the Council. The Council
will in its five year term run, operate and manage the League completely
independent of the BCCI.
1
ESPNSTAR SPORTS WEBPAGE
The Money
The overall prize money will be a stupendous USD 5 million, with the winners taking
home USD 2 million. Compare that with what World Champions Australia took home
from the West Indies, a mere USD 1 million.
The Revenues & Expense details

BCCI (Central Revenue) Franchise(Local Expenses
Revenues)
Sale of media rights for Ticket Sales Franchisee Cost
the matches
Title sponsorship, and so Hospitality Player acquisition
on, of the tournament
Amounts bid by the Team Sponsorship Marketing
franchisees
Revenues generated by Shirt sponsor Administration
the franchisee rights.
Lead Sponsor Event Mgmt expenses
In stadium sponsor Stadium Mgmt
Licensing programming
Merchandise
Appearance
Auctions2
The types of Auctions used by BCCI are:
• Sealed-Bid First Price for Media rights, Title Sponsorship, Franchise sale.
• English Auction for Players(Around 80 Players Participated)
Note: The Auction Strategy will be discussed for Franchise Sale only because it
created more hype than any other sale.
Media rights were sold for a whopping US $1.026 Billion (Rs. 4104 Crore)
to Sony-WSG.
The Title Sponsorship 3was sold to Realty Major DLF for Rs.40 Crores per annum for
a span of 5 Years.
The bidder’s in the race were:
• DLF Limited,
• World Sports Group (WSG), which had bid on behalf of Hero Honda Motors
(India) Ltd
• Percept D'Mark and 21st Century Media.
2
An auction is a method of allocating scarce goods, a method that is based upon
competition. It is the purest of markets: a seller wishes to obtain as much money as
possible, and a buyer wants to pay as little as necessary.
3
Source: Economic Times
The Franchise sale received much hype because it involved a clutch of high profile
corporate, high net worth individuals, and several private equity funds., (Reliance,
ADAG , GMR, UB Group) & Bollywood Stars ( Shah Rukh Khan, Preity Zinta ).
The Seller (BCCI) had laid some conditions for buying a franchise, the conditions
are:
•
Reserve Price4: The minimum bid for each franchise is US $50 Million. At the
time of submitting the tender form the bidder has to pay US $5 Million as
guarantee amount.
• The bidder can bid for all the 8 Franchise out of 12. They can own only one.
• The Minimum stadium capacity of 25,000 along with floodlight facilities.
Motivation of the seller (BCCI) is to maximize the revenue.
The Bidder’s
The Bidder’s applied for the following franchises:
Franchise Bidders
Bangalore Vijay Mallya, Anil Ambani
Chennai India Cements, Anil Ambani
Delhi Mukesh Ambani, Shah Rukh Khan, DLF,
fast-food bigge Nirula’s, Videocon & Anil
Ambani
Mumbai Mukesh Ambani, Anil Ambani, Shah Rukh
Khan, ICICI Ventures, Sahara Hospitality
& Future Group
Kolkata Anil Ambani, Shah Rukh Khan
Chandigarh Anil Ambani, Shah Rukh Khan, fast-food
bigge Nirula’s, Videocon,Preit Zinta
Jaipur Deutsche Bank, Anil Ambani, Shah Rukh
Khan, Emerging Media
Hyderabad Anil Ambani, GMR group & Deccan
Chronicle
The three eligible bidders who failed to win ownership rights to a franchise were
Deutsche Bank, Anil Ambani's Emerald Telecom Services and construction major
DLF.
ICICI Ventures, Sahara Hospitality and the Future Group were disqualified from the
process as their bids came in late.
Sealed-Bid First Price Auction

Before discussing the details of the strategy for Vijay Mallya & UB group a few words
on the auction type.
Sealed-bid auction
Definition: An auction in which the bids are submitted simultaneously, so that no
one bidder known’s what the other bidders have bid is called a sealed –bid.
4
Reserve Price: the minimum price the seller would accept.
A sealed-bid format has two distinct parts--a bidding period in which participants
submit their bids, and a resolution phase in which the bids are opened and the
winner determined.
Sealed bid-auctions have these characteristics:

• Single round first price: The bidder who submits the highest price gets the
item & pays the price he bids.
• Single round second price: In a Second-price sealed bid auction, each bidder
offers a price & the bidder who offers the highest price is the buyer; but the
price the buyer pays is the second highest price bid.
• Multiple rounds: Sealed bid auctions can also be conducted with multiple
round.
Auction Strategies
The auction strategy is a very complex process because it involves numerous
variables.
• Is a bidder is risk-averse or risk-neutral?
• Is the auction is for one item or multiple items?
• Does the bidder plans to resell the acquired object or use it for himself?
• Does the bidder have any secret information about the object or the other
bidder’s?
All of these factors play an important role in framing the auction strategy.
From a Seller’s Perspective

In any auction a seller can influence results by revealing information about the
object.
So a seller's optimal strategy is to reveal information and to link the final price to
outside indicators of value. This was done by IPL Chairman Lalit Modi on Jan 15th by
revealing the Media rights.
From a Bidder's Perspective

A word on the Bidder(Vijay Mallay).
• A Member of Parliament from Karnataka.

• Mallya the sultan of self-regard.
• He delights in being photographed surrounded by young, beautiful women or
rich, rapidly ageing men and is happy to be called the Richard Branson of
India or the ‘king of good times.’
• He rarely loses any auction. He won the Sword of Tippu Sultan in London
auction, F1 racing car.
After going through the above characteristics we can conclude that Vijay Mallay is a
Risk-Averse. Since Vijay Mallay is risk-averse (meaning he absolutely requires the
item being auctioned) tends to bid higher so that he will have a greater chance of
victory.
The auction is for single item, which is Bangalore franchise.

The bidder acquired the item for his use.
The bidder has the following information about the item & the other bidder which is
Anil Ambani.
Once the bidder gets to know the amount of Media rights (because it represents the
Major part of the Franchise revenue) sold. He can alter his bid.
As per the media reports, Vijay Mallay was the sole runner for Bangalore
Franchise.
The Media rights were sold at Rs.4000 Crore or US $1.026 billion. If we split-up the
revenue as per the revenue sharing system.
Assuming only 8 teams are going to play in the next 10 years.
Remain IPL Remaini Franchi

Media( BCCI ing Tourname ng (RS. se (RS.
Year RS. In (RS. In (RS. In nt (RS. In In In
s Crore) Crore) Crore) Crore) Crore) Crore)
1 INR INR 82 INR 328 INR 26 INR 302 INR 38
410.40
Information available to Vijay Mallay before submitting his bid is:
2 DateINR INR 82
of issuing INR 328startsINR
application 26 December
from INR 302last week
INR 38of
410.40
07.
3 LastINR INRsubmitting
Date for 82 INR 328 INR 26 is Jan
the application INR23
302
rd
08. INR 38
410.40
Media rights were announced on Jan 15th 08 for whopping US
$1.026
410.40
billion.
5 TheINR
other bidder
INR 82Anil Ambani
INR 328 wasINRmore
26 interested
INR 302 in winning
INR 38
Mumbai
410.40 Franchise rather than Bangalore Franchise.
6 TheINR
revenue INRsharingINRmodel
246 for first 5 yearsINR
INR 15 was231
20(BCCI):72(8
INR 29
Franchise):8(IPL
410.40 164 tournament)
7 TheINR
revenue INRfor from year
INR 2466 to 10
INRis15
40:54:6
INR 231 INR 29
After 10 years
410.40 164the revenue share is 50:45:5
8 INR INR INR 246 INR 15 INR 231 INR 29
410.40 164
INR INR
9 410.40 164 INR 246 INR 15 INR 231 INR 29
INR INR
10 410.40 164 INR 246 INR 15 INR 231 INR 29
INR
1,231 Total 333
After 5 successful IPL tournaments the BCCI can include another 4 more Franchises.
In that case the media revenue is shown below.
IPL
Year Remain Tourname Remaini Franchi
s Media BCCI ing nt ng se
INR
1 410.40 INR 82 INR 328 INR 26 INR 302 INR 38
INR
INR
10 | P a g e C o r p o r a t e R e s t r u c t u r i n g
410.40
INR
INR INR
6 410.40 164 INR 246 INR 15 INR 231 INR 19
INR INR
7 410.40 164 INR 246 INR 15 INR 231 INR 19
INR INR
8 410.40 164 INR 246 INR 15 INR 231 INR 19
INR INR
9 410.40 164 INR 246 INR 15 INR 231 INR 19
INR INR
10 410.40 164 INR 246 INR 15 INR 231 INR 19
INR
1,231 Total 285
Minimum money we can expect from BCCI is Rs. 285 Crore or US $72 million or
maximum of Rs.333 Crore or US $ 82 million.
The other revenues includes Local revenues which will fetch him another Rs. 60
Crore or US $15 million for another ten years.
These assumptions will hold well only if these 8 teams play for next 10 years. But
IPL Chairman already told that he will include some more teams after 5 years of
successful completion of IPL tournament.
The overall revenue expected from the Central & local revenue will be
around Rs.400 Crore to Rs. 450 Crore (i.e. US $100 million to US $112
million) for 10 years.
The expenses should be less than Revenue to make profit. (Profit =
Revenue > expenses)
(Loss =Expense > Revenue)
So the expenses should be three-fourth of the overall revenue (US $ 100
to $ 112 million).
So the minimum bid to buy the franchise is US $ 75 Mn or US $ 84 Mn. But
not more than US $ 90 Mn, if the bidder bids more than US $ 90 Mn the
chances of making profit will be a herculean task.
Vijay Mallay Calculated Franchise Fees based only on Revenues, Media

rights i.e. Rs 4104 Crore*.09 = Rs 369.5 Crore & appreciated by 21 %(
includes Local revenues) i.e. Rs 369.50*1.21=Rs 446.4(US $111.6 Mn).
The major step missed while calculating the bid amount was not considering the
expenses.
If he had considered the expenses (i.e. Franchise fees+ player’s cost’s + Admin+ event
Mgmt+ Stadium)
I.e. US $ 12 Mn (Franchise Fee) + 5(Player’s Cost) + 5(assuming Admin+ event Mgmt+

Stadium) = US $ 22 Mn/year.
Player’s cost will be increasing every 3 years.

To make profit the bidder should bid up to US $75 Mn & not more than US
$ 90 Mn.
The result of his bidding strategy was very much showed in the first year IPL
balance sheet
1. Revenue(Rs in Crore) 2. Expenses Total

A .Media Rights = 35 A .Franchise Fee = 48 Revenue – Expenses =
B .Team Sponsor = 0 B .Team Expenses = 22 45 – 88 =(43)
C. Gate Receipts = 10 C .Ads/ Admin = 18 Net Loss of Rs.43 Cr Or
US $11 Mn.
Total (A + B + C )= 45 Total (A+ B+C)= 88
The Lessons to be learnt from Vijay Mallay is:

1. Homogeneous: As theoretical literature assumes the auction participants
are homogeneous (risk neutral and symmetric--they use the same
distribution function to estimate valuations). It assumes bidders all focus on
maximizing profits and that only one item is being auctioned.
2. Estimate the Cost of your competitor: Paul Milgrom describes a strategy
for contract bidding. "To make money in competitive bidding, you will need to
mark up your bids twice: once to correct for the underestimation of costs on
the projects you win and a second time to include a margin for profit. Don't
let the presence of several competing bidders push you into making too
aggressive a bid. The markup to adjust for underestimation will have to be
larger the larger the number of your competitors and the more you respect
the accuracy of their cost estimation; you may, however, want to make the
profit markup smaller when there are more competitors.”
3. Do not use naive bidding strategy: The most important lessons to be
learned from both the theory and the experiments are that the returns in
bidding come from cost and information advantages, that naive bidding
strategies can squander these advantages, and that bidders without some
advantage have little hope of earning much profit, but could with a little bit of
carelessness suffer large losses."
4. Irrational: Try to be as much rational &
participate in the auction because to avoid
the “Winner’s Curse”. To avoid Winner’s
curse try to bid lesser than your rivals. "We are not looking at
5. It is worth understanding the rules of an making money. But
auction thoroughly.
revenues will be in
excess of costs," said
First-Price, Sealed Bid Strategy
It is difficult to specify a single strategy because
Vijay Rekhi, president of
a profit-maximizing bid depends upon the actions United Spirits, the spirits
of others. The tradeoff is between bidding high
company of the UB
and winning more often and bidding low and
benefiting more if the bid wins (bigger profit Group.
margin).
Most bidders attempt to shade their bids to move closer to market consensus. This
also helps to avoid winner's curse.
The Franchises
The eight teams in the fray, Kolkata, Mumbai, Mohali, Hyderabad, Jaipur, Bangalore,
Chennai and Delhi were sold to eight franchises that paid staggering amounts to
own the teams. The owners are given below:
Franchise Owners Price (USD)
Mumbai Mukesh Ambani $111.9 Mn
Bangalore Vijay Mallay & UB group $111.6 Mn
Hyderabad Deccan Chronicle $107 Mn
Chennai India Cements & Srinivas $ 91 Mn
Delhi GMR Holdings $ 84 Mn
Punjab Preity Zinta $ 76 Mn
Kolkata Shah Rukh Khan $ 75.09 Mn
Rajasthan Emerging Media $ 67 Mn
Player’s Auction
The Seller (BCCI) had laid some conditions for buying players, the conditions are:
Auction Type is Open type (English Auction5)
1. Each player has an annual "base player fee"6.

2. Franchise should spend up to US $5 million on player’s auction.
3. For each player, the following information will be included: name, nationality,
specialism, base player fee, and expected "percentage availability" for the
2008 DLF IPL season.
4. Within the sets, the order that players will be presented for auction will be
determined by a random draw that will take place in the Auction room.
5. Bidders will raise a paddle to indicate a bid (only one official bidder per
Franchise).
6. Each bid will represent the player fee per season to be paid by the Franchise
to the player for each of the seasons 2008, 2009 and 2010, ignoring any
periods of unavailability. Once made, no bid may be withdrawn.
7. If more than one Franchise is interested in a particular player, the DLF IPL
may hold a further Auction to determine which Franchise will sign that player.
8. The player fees of any Icon players (at the date of publication of these rules,
Tendulkar, Dravid, Ganguly, Yuvraj) – being 115% of the highest player fee in
that Franchise’s squad – will count towards the maximum purse of $5m.
9. The contract with the player will be for a fixed term of three years.
10.The minimum "percentage availability" for any player included in the Auction
will be 25%.
11.If a player is expected to be either completely unavailable or only available
for less than four of the DLF IPL matches in 2008, 25% of the player fee bid
for that player in the auction will count against the $5m purse. For example,
the purchase for $400,000 of a player, who is expected to be completely
unavailable in 2008, will cause a deduction of $100,000 from the Franchise’s
overall $5m purse.
5
. "Here the auctioneer begins with the lowest acceptable price--the reserve price--
and proceeds to solicit successively higher bids from the customers until no one will
increase the bid. The item is sold to the highest bidder."
6
The base player fee will be the fee at which the bidding for that player starts.
12.Every year, players can be traded from one team to another in February on a
free market basis. The IPL will not be involved in this and it will be confined to
the player concerned, the seller and the buyer (franchises).
Bidding increments will be as follows:

Bids up to $100,000 – increments of $5,000
Bids from $100,000 to $250,000 – increments of $10,000
Bids from $250,000 to $500,000 – increments of $25,000
Bids in excess of $500,000 – increments at the auctioneer’s discretion.
English Strategy
In a private-value English auction, a player's best strategy is to bid a small amount
more than the previous high bid until he reaches his valuation and then stop. This is
optimal because he always wants to buy an object if the price is less than its value
to him, but he wants to pay the lowest possible price.
An advantage to English auctions is that a bidder gains information.
A player's strategy is his series of bids as a function of (1) his value, (2) his prior
estimate of the other players' valuations, and (3) the past bids of other players. His
bid can be updated as information changes.
Vijay Mallay, Rahul Dravid & Charu Sharma participated in the player’s auction &
selected the team members. Official bidder was Rahul Dravid.
Quote of Vijay Mallay after winning the Franchise & players:
Mallya drew parallel from the English Premier league. "It was
only a matter of time before Indian cricket went beyond the
Duleep Trophy and Ranji Trophy. The auction has been an exciting
process and all the franchisees got what they wanted. IPL is the
best thing that has happened to Indian cricket. It offers
youngsters the chance to make money and also to improve their
skill sets by playing alongside international players," he said.
Bangalore, the team Mallya owns, will be holding the opening

ceremony in April. "I look forward to welcoming the teams, the
BCCI and ICC. I would like to conclude by saying that while there
is a business objective for our involvement in IPL there is also a
sporting objective. We are also hoping to contribute to the
development of youngsters in sport," Mallya said.
THE COLLAPSE
Royal Challengers Bangalore7
Royal Challengers Bangalore (also referred to as RCB) is the team representing the
city of Bangalore in the Indian Premier League, the inaugural Twenty20 cricket
tournament to be held in India. The team is owned by the liquor magnate Vijay
Mallya, the chairman of UB Group. Brijesh Patel is the CEO of the team and Rahul
Dravid, the captain of the team is the Icon Player. Martin Crowe, the former New
Zealand captain, is the CCO (Chief Cricketing Officer) of the management team.
Vijay Mallya wanted to associate one of his top-selling liquor brands, either No. 1
McDowell's or Royal Challenge with the team. The latter was chosen, hence the
name. The jersey colors of the team are red and golden yellow, the same as the
Karnataka state flag, and the logo consists of the RC emblem with "Royal
Challengers Bangalore" in standard format.
7
http://en.wikipedia.org/wiki/Bangalore_Royal_Challengers
Current squad
BATSMEN
Sl. No Name Age Nationa Batti Bowling/Fiel Bidding Base
No lity ng ding amount fee
style (US $)
1 19 Rahul 35 India Right- Right-arm off- 1,035,00 950,0
Dravid hande break / 0 00
d Wicket
keeper
2 06 Shivnarin 33 West Left- Right-arm 200,000 200,0
e Indies hande leg-break 00
Chanderp d
aul
3 7 Wasim 30 India Right- Right-arm off- 150,000 150,0
Jaffer hande 00
d
4 22 Misbah-ul- 33 Pakistan Right- Right-arm leg 125,000 100,0
Haq hande break 00
d
5 21 Ross 24 New Right- Right-arm off 100,000 100,0
Taylor Zealand hande break 00
d
6 14 Jagadeesh 33 India Right- Right-arm off- 50,000 50,00
Arunkuma hande break 0
r d Karnataka -
Ranji Trophy
7 K.P. 19 India Right- Left-arm 50,000 50,00
Appanna hande orthodox spin 0
d Karnataka -
Ranji Trophy
8 27 Bharat 25 India Right- Right-arm 50,000 50,00
Chipli hande medium 0
d Karnataka -
Ranji Trophy
Wicket Keepers & All-rounder

Sl No Name Age Nationa Battin Bowling/Fiel Bidding Base
N lity g ding amount fee
o Style (US $)
1 9 Mark 31 South Right- Wicket 450,000 200,00
Boucher Africa hande keeper 0
d
2 36 Shreevats 18 India Left- Wicket 30,000 30,000
Goswami hande keeper
d India -
Under-19
Team Player
3 8 Praveen 21 India Right- Right-arm 300,000 200,00
Kumar hande medium-fast 0

d
4 66 Devraj 23 India Right- Wicket 50,000 50,000
Patil hande keeper
d Karnataka -
Ranji Trophy
5 3 Jacques 32 South Right- Right-arm 900,000 2,25,00
Kallis Africa hande fast-medium 0
d
6 18 Cameron 24 Australia Right- Leg-break 500,000 100,00
White hande googly 0
d
7 77 Balachan 30 India Right- Right-arm 50,000 50,000
dra Akhil hande medium-fast
d Karnataka -
Ranji Trophy
8 5 Virat 19 India Right- Right-arm 300,000 30,000
Kohli hande medium
d India -
Under-19
Team Player
9 29 Ashley 30 Australia Right- Right-arm 62,500 30,000
Noffke hande medium-fast
d
BOWLERS
Sl No Name Age Nationa Battin Bowling/Fiel Bidding Base
No lity g ding amount Fee
Style (US $)
1 10 Anil 37 India Right- Leg-break 500,000 250000
Kumble hande googly
d
2 34 Zaheer 29 India Right- Left-arm 450000 200000
Khan hande medium-fast
d
3 13 Nathan 30 Australia Right- Left-arm fast- 325000 225000
Bracken hande medium 0
d
4 2 Dale 24 South Right- Right-arm 325000 150000
Steyn Africa hande fast
d
5 24 Sunil 38 India Left- Left-arm 50,000 50,000
Joshi hande orthodox spin
d Karnataka -
Ranji Trophy
Player
6 41 Abdur 25 Banglad Left- Left-arm 120,000 50,000
Razzak esh hande orthodox spin
d
7 23 Rangan 24 India Right- Right-arm 50,000 50,000
ath hande medium-fast
Vinay d Karnataka -
Kumar Ranji
Trophy
Player
8 N.S.C. 28 India Right- Right-arm 50,000 50,000
Aiyappa hande medium
d Karnataka -
Ranji Trophy
Player
Administration and coaching staff

Front Office:
* Owner - Vijay Mallya

* CEO - Brijesh Patel
* CCO - Martin Crowe
* Ambassadors -Deepika Padukone, Katrina Kaif, Ramya, Upendra
Coaches:
* Head Coach- Venkatesh Prasad

* Assistant Head Coach- Vijay Bharadwaj
* Physiotherapist- TBA
Criteria Used by Dravid & Charu Sharma for selecting players:
• He is a very good friend of Dravid.
• Dravid selected 'conservative' players like him.
• The "quite, nice guy type".
Quote by Vijay Mallay

“"After seeing the final list, my friends told me it looked like a
Test team. But I backed both of them thinking that they advised
me properly. Unfortunately in cricket, unlike in any other sport,
the captain is the boss."
"He virtually had no say in the player's selection for his own
Team".
"When Rahul Dravid was not present in the second auction, I
wanted to acquire some players but Charu Sharma was very
tentative about them. I mean I bought Misbah-ul Haq because I

Shakespeare to Mallay, after giving responsibility to Charu

& Dravid for selecting the team & they selected a bad
team.
He was a gentleman on whom I built an absolute trust.
Shakespeare’s Macbeth, Act 1, Scene 4

Quote by Dravid on Team Quote by Dravid on Team

Selection Selection
“We have a good all- “We got exactly the kind
round combination of of players we wanted
players, who lend some and we are very excited
good balance to the side. about that. Even in terms
I think we will be very of Indian players you
competitive in the can’t have tougher
league. I know some players than Anil
people are saying we Kumble, Zaheer Khan
don’t have star value or and Wasim Jaffer,”
quality but we certainly Source: The Hindu
think we have got the Newspaper
stars be it Jacques Kallis
or Mark Boucher,
Shivnarine Chanderpaul
or Nathan Bracken or
Dale Steyn. The Collapse
Source: The Hindu The team won only 5 of its 14 matches in the
Newspaper Inaugural IPL Season. The reason for collapse
was cited as:
 Team Composition
Before going into details of Team Composition, Martin Crowe cites the following
reasons for the team collapse:
• There is no one or particular area that deserves more blame than anyone
else. People speculated at the start what type of team we were (a Test side)
and that's the way it has turned out. We didn't have Twenty20 batsmen.
• Lack of facilities and time
• "The compositions of the team, the fact that key players were coming out of a
Test series and had just one day to prepare. Our facilities at the home ground
were poor - we got the worst practice facilities that I have ever seen in 25
years of international cricket, so preparing was even harder."
"We have tried all strategies, but this team is too old
and too slow."
Martin Crowe
Solution given by Martin Crowe

"I think you have to go in with a clean sheet and look at bringing players that would
be suitable for IPL. Get as many new Twenty20 recruits as possible,"
Analysis of Team Composition

The official rules for the tournament are here. Some of the Team composition rules
are:
• Total squad strength of 16 players plus one physio and a coach.
• No more than 8 foreign players in the squad and at most 4 in the playing XI.
• A minimum of 4 local players must be included in each team.
• No fewer than 4 players from the BCCI under-22 pool in each team.
Normally Cricket playing team consists of eleven players (5 batsmen’s, 5blowers &
a wicket keeper).
5(Batsmen’s) +5(Blowers) +1(Wk/Batsmen) =11 Playing Team Members.
This is general format of the game.
Applying the above format to the RCB team, it consists of:
5(All-rounder’s) +9(Batsman’s) +3(Wk/Batsman) +8(Bowlers) =25 Players.
As per IPL format, a team should consist of 4 foreign players, 4 from catchment
area8 & 4 below 22 years.
i.e. 4(Foreign Players) +4(Catchment area) +4(Below 22 yrs) =IPL team.
This is the minimum requirement for selecting the team.
8
Catchment area = Indian National team+ Ranaji Trophy (Karnataka, Goa and
Services) +U-19 Team.
Applying the above criteria to the Royal Challengers team, it consists of:
“You can play only four overseas players in a match, so what’s the
point in buying eight?” – Vijay Mallya.
9(Foreign Players) +12(Catchment Area) +4(Below 22 Yrs) = RCB
There are many ways to select a Cricket Team, I have mentioned only four
1. Names of famous players.

2. Selection criteria for each player.
3. Find winning talent for pennies or Money ball Concept.
4. Fundamental Analysis
Names of Famous players

Under this selection process the Captain or Franchise owner will be choosing the
players based on there names like Hayden, Gibbs who are famous internationally. In
this process the players will not be scanned based on there performance i.e.
batting, bowling & fielding averages. Vijay Mallay had actually thought of this
concept of selecting team, but his Team Captain & CEO did not allow it to happen.
Criteria for selecting International Players:

The below mentioned criteria are mine & it should be considered as a sign-post but
not as a rule of thumb.
1. Check his National, County & local commitments.
2. Fitness.
3. Should have represented his National One-day & 20-20 team.
4. Should have single handedly won a match for his National team in One-day
internationals & 20-20 match.
5. Age.
6. Should not hire a Pakistan & Bangladesh Player.
Applying the above Criteria to the RCB team:
Criteria 1: The RCB team messed up with this first condition. They hired players
who have already committed to their National, County &local teams.
 Ex: Dale Steyn was not available for first 8 to 9 matches due to his local
commitments.
 Chanderpaul & Ross Taylor left the team in the middle of the tournament for
there National commitment.
Criteria 2: Always make sure the hired guy is fit for the whole tournament. But RCB
team missed this point.
Ex: Nathan Bracken was having the injury before the auction took place.
Criteria 3: The RCB team should have thought twice before hiring a player.
Ex: Kallis represents his One-day National team but does not represent his 20-20
National team.
Criteria 4: This Criterion was well followed by RCB team. They have selected
the entire International player who has single handedly won for there national team.
Criteria 5: Age criteria always play a crucial role in 20-20 cricket because this
format of game is made for young blood. I think this criterion was overlooked by
RCB team.
Ex: Out of 9 players, 4 guys are below 25 yrs& 5 guys are above 30 yrs.
Criteria 6: This criterion was misunderstood by RCB team.
Ex: They hired Misbah (Pak) & Razzak (Ban) who are from Muslim Community. As per
there religion they are not supposed to endorse liquor or consume liquor. Since the
Franchisee owner is a Liquor Barron. Back home, Misbah & Razzak received bad
publicity by joining RCB team.
Criteria for selecting Catchment area & Under-22

The below mentioned criteria are mine & it should be considered a sign-post but not
as rule of thumb.
1. Should have played T20 cricket for the National team.
2. Age
3. Burning desire to make it into National team, if he is a Ranji player.
Applying the above criteria to the RCB team:
Criteria 1: The RCB has not understood the T20 format. The Icon player of the
RCB team has not played T20 games.
Ex: Dravid, Kumble, Chipli have not played the T20 format in there career.
Criteria 2: The RCB has forgotten the age of the players while selecting the
team.
Ex: Dravid, Kumble, Arun Kumar, Sunil joshi are aged more than 33 years.
Criteria 3: The Catchment area for the RCB team is Karnataka Ranji Team. Apart
from Robin Uthappa, nobody has made it to the National team from the past 2
Years. This shows that there desire to play for the country.
Money ball Concept

This concept is similar to derivatives market:
• Identify successful approaches.
• Figure out the critical components that feed into that success.
• Buy them up.
In more direct Cricket terms:

1. Identify what types of performance required from batsmen or blowers.
2. Highlight the areas of desirable performance that OTHER TEAMS ARE NOT
CONCENTRATING ON (this is important).
3. Identify players who provide those types of performance.
4. Acquire those players who are affordable (cheap).

Shakespeare to players who have not played T-20 Format game

& got selected.
New honors come upon him, like our strange garments not to
their mould. But with the aid of use.
Macbeth, Act 1 Scene 3
Lest our old robes sit easier than our new ones
Macbeth, Act 2, Scene 3

Fundamental Analysis
Basically this concept is taken from the Stock Selection Criteria used in Finance
field. Stock selection criteria is a strategy in which an analyst or investor uses a
systematic form of analysis to determine if a particular stock constitutes a good
investment which should be added to their portfolio.
The objective of stock selection criteria is maximizing total return on investment
(appreciation plus any dividends received) for the target holding period, subject to
limiting risk to acceptable levels.
Here in this context, the objective of using this concept is to maximizing total return
on investment for the target holding period of three years.
Some of the players picking approaches are given below:
1. Selection Components: Player (Stock) picking can be an extremely difficult
and complex endeavor because there is no foolproof method for reliably
forecasting a player’s (stock’s) future price movements or player’s
performance. However, by carefully examining numerous factors, an investor
or captain may get a better sense of future stock prices or player
performance than by relying on unsubstantiated speculation. The analytical
components that are most commonly utilized by equity investors or Team
captain in a suggested stock selection or player selection approach include
the following criteria:
• Sector Analysis: Since cricket consists of four departments i.e.
batting, bowling, wicket keeping & all-rounder. This component
involves identification and analysis of all departments that are likely to
exhibit relatively superior performance results during the whole series.
• Quantitative Cumulative Value Analysis: This method considers
past records of the players.
2. Composite Score: This concept is used to compare the players in the same
sector or department.
Example: Wicket keeping batsman like Gilchrist & Boucher.
3. Rules of Thumb for each department: There are several strategic rules of
thumb or criteria that should be evaluated when considering buying a
particular player or department. They are mentioned below:
Rules of Thumb for Batsmen
• Batting Average: Batting average is the total number of runs he has scored
divided by the number of times he has been out.
 If the batting average is below 30, it’s AVERAGE.
 If the batting average is between 30 & 40, then it’s is GOOD.
 If the batting average is above 40, then it’s EXPECTIONAL.
• Strike Rate: Batting strike rate is a measure of how frequently a batsman
achieves the primary goal of batting, namely scoring runs. Batting strike rate
is defined for a batsman as the average number of runs scored per 100 balls
faced.
 If the strike rate is below 50, then it’s AVERAGE.
 If the strike rate is between 50 to 80, then it’s GOOD.
 If the strike rate is more than 100, then it’s EXPECTIONAL.
• Boundary clearing ability: This rule helps us to check the number of 4’s &
6’s hit in the ODI’s in his career.
Rules of Thumb for Bowlers
• Bowling average: A bowler's bowling average is defined as the total

number of runs conceded by the bowler divided by the number of wickets
taken by the bowler.
• Strike Rate: Bowling strike rate is a measure of how frequently a bowler
achieves the primary goal of bowling, namely taking wickets. Bowling strike
rate is defined for a bowler as the average number of balls bowled per wicket
taken. The lower the strike rate, the more effective a bowler is.
• Economy Rate: Economy Rate (Econ): The average number of runs
conceded per over.
(Econ = Runs/over’s bowled).
Rule of Thumb for Wicket-keeper
Same as Batsman
Rules of Thumb for All-Rounder
There are three types of all-rounder’s batting all-rounder, bowling all-rounder

&wkt-keeping all-rounder.
All-rounder is someone who’s batting or bowling skills, considered alone, would be
good enough to win them a place on the team.
One commonly used statistical rule of thumb is that the batting average of an all-
rounder (the higher the better) should be greater than the bowling average (the
lower the better).
Note: Not all the players’ analysis has not been done.
Team Players-Brief Introduction9

Rahul Dravid
India
Current age 35 years 147 days
Nickname The Wall
9
IPL+ROYAL CHANLLENGERS WEBPAGE
Batting style Right-hand bat

Bowling style Right-arm off break
Fielding position Occasional wicketkeeper
Strength & Achievements:
Dravid is a modern-day cricketing legend. Wisden Cricketer of the Year 2000 and the
latest member of the 10,000 run club, Dravid's brilliance has steered him to some
amazing feats in the cricket world. He is the only batsman in Test history to score a
century in every Test-playing nation in the world, the only Indian to score five
double hundreds in Tests (three of them in the same season - 2003-04), the only
Indian to score three Test double hundreds on foreign soil and the only Indian to
score hundreds in four consecutive Test innings. Having played over 100 Tests and
more than 300 ODIs, Dravid is ready game for yet another battle - the IPL Twenty-20
Championship.
Batting and fielding averages

Mth Inns No Runs HS Ave BF SR 100 50 4s 6s Ct St
ODIs 333 308 40 10585 153 39.49 14862 71.22 12 81 930 40 193 1
Tw20 2 2 0 55 54 27.5 43 127.9 0 1 9 0 0 0
Bowling averages
Mth Inns Balls Runs Wkts BBI BBM Ave Econ SR 4w 5w 10
ODIs 333 8 186 170 4 2/43 2/43 42.5 5.48 46.5 0 0 0
Tw20 2 - - - - - - - - - - - -
Strengths:
• World class player & a professional.
• The best number 3 batsman to play for India in Test Cricket.
• Technically correct player capable of stonewalling against the best attacks -

his early nickname was 'The Wall’.
• Flexibility.
• Ability to comeback to the National team.
Shivnarine Chanderpaul
West Indies
Playing role Batsman
Batting style Left-hand bat
Bowling style Leg break

A West Indian cricketer of Indo-Guyanese ethnicity, the left-handed Chanderpaul is

known for his doggedness. A prolific stroke maker on both sides of the wicket, his
signature stance confounds many bowlers. Chanderpaul best first class score is
303* versus Jamaica, and, despite his reputation as a dour batsman, his 67-ball
century is the fourth fastest century in Test cricket. He emulated Graham Dowling to
become only the second player to make a double century on debut as a Test
captain, scoring an unbeaten 200 against South Africa. His ability to effortlessly shift
gears, particularly in one-day games, has seen him scoring some centuries at a
really brisk pace. Chanderpaul is distinctly remembered for his "baseball-style" tape
under his eyes, which he started wearing after a successful run scoring spree
besides known for using a bail from the stumps to "mark his guard".
Averages
Mth Inns N/o Runs Hs Ave BF SR 100 50s 4s 6s Ct St
ODIs 229 215 31 7291 150 39.62 10368 70.32 8 49 628 71 64 0
Tw20 6 6 1 133 41 26.6 130 102.3 0 0 12 2 4 0
Twenty20 8 8 1 163 41 23.28 167 97.6 0 0 15 2 6 0
Bowling averages
ODIs 229 28 740 636 14 3/18 3/18 45.42 5.15 52.8 0 0 0
Tw20 6 - - - - - - - - - - - -
Twenty20 8 - - - - - - - - - - - -
Analysis:
On an average Chanderpaul scores 2 to 3 four’s & 0 sixes per match.
His batting average is 40.4 which qualify him as specialist batsmen.
His strike rate & average in T20’s is not good.
Wasim Jaffer
India
Strength & Achievements
Jaffer, a right-handed opening batsman who bowls off breaks, is known for his
technical finesse with a remarkable talent to play gorgeous shots without hitting the
ball in the air. Following a prolific school career, during which he scored 400 not-out
in one innings as a 15-year-old, he made his entry into first class cricket scoring a
triple century in his second match for Mumbai. Jaffer scored his maiden Test
hundred against England at Nagpur and he made his first Test double century at the
Antigua Recreation Ground against the West Indies in June 2006. A prolific run
scorer in the domestic one-day circuit, he is now all geared up for the IPL 20:20
bash.
Averages
ODIs 2 2 0 10 10 5 23 43.47 0 0 2 0 0 0
Tw20 1 1 0 4 4 4 5 80 0 0 1 0 0 0
Bowling averages
ODIs 2 - - - - - - - - - - - -
Tw20 1 - - - - - - - - - - - -
Analysis:
Not even played 25 one-day International matches for his National team.
Even after giving a chance in 20-20 format he has not proved his worth.
Misbah-ul-Haq
Pakistan
Bowling style Leg break
A versatile cricketer from Pakistan, Misbah is known for his cool headed batting
especially under pressure. An MBA graduate from the University of Management &
Technology, Lahore, Misbah was initially hailed for his technique and his
temperament in the tri-nation tournament in Nairobi, Kenya in 2002, where he
scored two 50s in three innings. He was chosen for the inaugural ICC World T20 in
2007 and he was instrumental in Pakistan's recovery in the final against arch-rivals
India, with 3 consecutive sixes off Harbhajan Singh's over at the end. In their Super
8s encounter against Australia, he was named Man of the Match for his unbeaten 66
off 42 deliveries. His team won with five balls to spare. He is currently the vice-
captain of the Pakistan team.
Averages
ODIs 27 25 5 727 55* 36.35 934 77.83 0 3 53 12 11 0
T20Is 9 9 4 251 66* 50.2 197 127.41 0 2 20 10 2 0
Twenty20 22 19 7 596 107* 49.66 456 130.7 1 4 49 21 8 0
Bowling averages
ODIs 27 1 24 30 0 - - - 7.5 - 0 0 0
T20Is 9 - - - - - - - - - - - -
Twenty20 22 - - - - - - - - - - - -
Analysis:
Excellent batting average & strike rate in 20-20 format.
He was instrumental in taking Pakistan team to Finals of T20 Inaugural Cup
Ross Taylor
New Zealand
Captained the New Zealand Under-19 side in the youth internationals where he
scored 132* in the State Shield in 2003-2004, and 184 in the State Championship in
2004-2005. Ross Taylor made his debut for New Zealand in March 2006, in an ODI
against the West Indies. He became the second player of Samoan heritage to play
for New Zealand. Taylor has been a dominant batsman on the domestic scene for
the past couple of seasons. He is a clean striker of the ball and an effective off-break
bowler.
Averages
ODIs 38 34 6 996 128* 35.57 1211 82.24 2 4 98 19 22 0
Tw20 12 11 1 171 62 17.1 135 126.66 0 1 8 10 11 0
Twenty20 20 19 2 547 111* 32.17 311 175.88 1 2 42 35 14 0
Bowling averages
ODIs 381 2 18 18 0 - - - 6 - 0 0 0
Tw20 12 - - - - - - - - - - - -
Twenty20 20 6 108 163 7 3/28 3/28 23.28 9.05- 15.4 0 0 0
Analysis:
A very good all-rounder. A clean striker of the ball (SR: 82.24).
He scores most of his runs by boundaries.
Jagadeesh Arunkumar
India
A prolific right handed batsman, he has over 100 first class games (most of them for
Karnataka) and more than 20 first-class hundreds to his credit. He can be a
tremendous hitter against the new ball and the T20 form of game will be his cup of
tea. He represented India juniors on tours of South Africa and England.
Averages
ODIs 100 99 4 3227 154* 33.96 - - 7 19 - - 21 0
Tw20 4 4 0 56 31 14 55 101.81 0 0 8 1 0 0
Bowling averages
ODIs 100 - 238 215 7 2/35 2/35 30.71 5.42 34 0 0 0
Tw20 4 - - - - - - - - - - - -
Analysis:
His average in List A (local one-days) are not up to the mark. His average is 33.96.
Given the opportunity in IPL, he did not make his presence felt to the National
selectors.
Bharat Chipli
India
Bowling style Right-arm medium
Averages

First-
13 21 2 750 135* 39.47 1131 66.31 2 3 104 9 11 0
class
List A 18 18 2 548 109* 34.25 - - 3 1 0 0 4 0
Bowling averages
First-
13 4 126 46 0 - - - 2.19 - 0 0 0
class
List A 18 4 84 55 3 1/12 18.33 11.5 3.92 28 0 0 0
Analysis:
Selected as batsmen for the RCB team based on the List A strike rate. On an
average he scores more than 50% of his runs from boundaries. A very good striker
of the ball.
Not played 20-20 format in his career.
Given the opportunity in IPL, he did not make his presence felt to the National
selectors.
Mark Boucher
South Africa
Fielding position Wicketkeeper
A regular feature of the South African side since the 1997-1998 tour to Australia, he
is widely regarded as one of finest wicketkeepers in the game. He holds the record
for most dismissals in Test cricket. He once held the record for the highest score by
a night watchman in Test cricket (125 for South Africa v Zimbabwe at Harare in
1999-00). On 20 September, 2006 he made his maiden ODI century, hitting an
unbeaten 147 against Zimbabwe off a mere 68 balls. His hundred came off just 44
balls, the second fastest ODI century ever. He has played over one hundred
consecutive ODIs for his country. In February 2007 he and Kallis combined to hit
Mohammad Asif for 28 runs in an over!
Averages
ODIs 263 193 48 4203 147* 28.98 4996 84.12 1 25 320 73 368 18
T20Is 9 7 0 134 36 19.14 149 89.93 0 0 14 0 9 0
Twenty20 16 14 3 317 57* 28.81 319 99.37 0 1 25 6 14 2
Bowling averages
ODIs 263 - - - - - - - - - - - -
T20Is 9 - - - - - - - - - - - -
Twenty20 16 - - - - - - - - - - - -
Analysis:
Selected has a wicket keeping batsmen. For wkt/batsmen the average should be
more than 30 but his average is 28.98 which are not up to the level.
Shreevats Goswami
India
A new and exciting prospect from the U-19 team, Goswami is a left-handed batsman
and wicketkeeper. He plays domestic cricket for U-19 Bengal team. During the U-19
tri-nation series in South Africa in January 2008, he scored 97 against South Africa
and 104 against Bangladesh. In the U-19 World Cup in Malaysia earlier this year, he
scored 58 in one of the league matches and 51 in the semi-final against New
Zealand. He is a talented youngster with a bright future.
Mat Inns NO Runs HS Ave BF SR 100 50 4s 6s Ct St
List A 3 3 0 77 48 25.66 152 50.65 0 0 9 0 0 0
Twenty20 4 3 0 82 52 27.33 85 96.47 0 1 9 1 2 2
Bowling averages
Mat Inns Balls Runs Wkts BBI BBM Ave Econ SR 4w 5w 10
List A 3 - - - - - - - - - - - -
Twenty20 4 - - - - - - - - - - - -
Devraj Patil
India
Averages
First Class 2 1 0 7 7 7 9 77.77 0 0 1 0 0 0
List A 10 8 3 174 52 34.8 - - 0 1 - - 13 2
Twenty20 9 9 0 216 44 24 189 114.28 0 0 27 2 5 2
Bowling averages
First Class 2 - - - - - - - - - - - -
List A 10 - - - - - - - - - - - -
Twenty20 9 - - - - - - - - - - - -
Jacques Kallis
South Africa
Bowling style Right-arm fast-medium
Strength & Achievements: Hailed as the World's Top Cricketer of the Year 2007
by Wisden, Kallis is a talented right-handed batsman and an effective fast-medium
bowler, being the only cricketer to score more than 9,000 runs, bag 200 wickets and
pouch 100 catches in both Tests and ODIs. From October to December of 2007, he
produced a remarkable streak of five centuries in 4 Tests. With 30 Test centuries to
his credit, Kallis has established himself as one of the modern greats of the game.
He was pivotal to South Africa winning the ICC Champions Trophy title in 1998 with
two man-of-the-match and the player-of-the-series performances.
In 2005, Kallis was a part of the World XI team that played an Asian XI in a benefit
match for those affected by the tsunami of 2004. In the same year he was awarded
the Sir Garfield Sobers Trophy for the ICC Player of the Year. Kallis currently holds a
number of South African cricket records, including most ODI and Test runs, highest
ODI and second highest Test batting average and most Test centuries. With a
remarkable batting average of over 58, he is rated as one of the best batsmen in
the world.
Averages
ODIs 274 260 49 9541 139 45.21 13371 71.35 16 65 745 114 101 0
T20Is 3 3 0 39 20 13 36 108.33 0 0 3 2 2 0
Twenty20 7 7 1 179 50 29.83 168 106.54 0 1 18 5 4 0
Bowling averages
ODIs 274 241 9388 7536 239 5/30 5/30 31.53 4.81 39.2 2 2 0
T20Is 3 1 6 17 0 - - - 17 - 0 0 0
Twenty20 7 2 18 29 1 1/12 1/12 29 9.66 18 0 0 0
Cameron White
Australia
Nickname Whitey, Bear
Bowling style Leg break googly
A powerful middle order batsman and right-arm leg-spin bowler, White made his
first-class cricket debut as a teenager in the 2000-01 season for the Victorian
Bushrangers. White, like Kumble, relies a lot on top-spinners and a cleverly
concealed googly. White first represented Australia at the Under-19 level in January
2001 at the age of 17. In January-February 2002, he captained the Australian team
to victory in the ICC Under-19 World Cup in New Zealand. After touring Pakistan with
the Australia ‘A’ team in September 2005, White was selected to play in the
Chappell-Hadlee Trophy matches against New Zealand in December 2005.
Averages
ODIs 16 10 3 157 45 22.42 135 116.29 0 0 7 9 5 0
Tw20 1 1 1 40 40* - 20 200 0 0 1 4 2 0
Twenty20 26 26 6 878 141* 43.9 546 160.8 2 5 62 49 11 0
Bowling averages
ODIs 16 10 174 201 4 1/5 1/5 50.25 6.93 43.5 0 0 0
Tw20 1 1 12 11 1 1/11 1/11 11 5.5 12 0 0 0
Twenty20 26 18 268 373 17 3/8 3/8 21.94 8.35 15.7 0 0 0
Sunil Joshi
India
Bowling style slow left-arm orthodox
Sunil Joshi bowls slow left arm spin and bats left handed. Joshi played both Test and
One Day International cricket for India between 1996 and 2001. His usual role in the
team was to provide runs from the lower order and act as a secondary spin bowler.
His most famous bowling performance for India came in an ODI match against South
Africa in the LG Cup in 1999. He returned figures of 10-6-6-5 helping India to victory.
Three years later, the feat was rated in the Wisden 100 as the seventh best ODI
bowling. Sunil Joshi is a regular Karnataka stalwart. In the 1995-96 Ranji Trophy
season, he achieved the `double’ of 500 runs and 50 wickets.
Averages
ODIs 157 112 27 1676 64 19.71 - - 0 5 - - 41 0
Tw20 69 45 11 584 61* 17.17 653 89.43 0 1 47 17 19 0
Twenty20 6 4 2 25 10* 12.5 28 89.28 0 0 1 0 2 0
Bowling averages
ODIs 69 67 3386 2509 69 5/6 5/6 36.36 4.44 49 1 1 0
Tw20 157 - 7894 5360 182 5/6 5/6 29.45 4.07 43.3 2 2 0
Twenty20 6 6 120 141 6 2/11 2/11 23.5 7.05 20 0 0 0
Balachandra Akhil
India
Bowling style Right-arm medium-fast
Averages
List A 63 51 6 1302 91 28.93 0 8 32 0
Twenty20 9 9 2 167 35 23.85 111 150.45 0 0 19 3 3 0
Bowling averages
List A 63 2443 1780 53 4/31 33.58 4.37 46 46 1 0 0
Twenty20 9 9 197 197 10 3/16 3/16 19.7 6 19.7 0 0 0
Virat Kohli
India
Playing role Lower middle order batsman
This stylish right hander was the captain of the Indian cricket team that won the
2008 U/19 Cricket World Cup tournament in Malaysia. A super cool, level-headed all-
rounder, Kohli represents Delhi in first-class cricket and has a penchant for big
scores. He was the second Indian U-19 captain to win the World Cup and he made
235 runs during India’s unbeaten campaign in Malaysia.
Averages
ODIs 11 17 3 630 169 45 1413 44.58 2 1 91 2 7 0
Tw20 4 3 0 70 40 23.33 96 72.91 0 0 3 2 1 0
Twenty20 5 5 0 179 76 35.8 136 131.61 0 1 17 3 3 0
Bowling averages
ODIs 11 1 12 15 0 - - - 7.5 - 0 0 0
Tw20 4 - - - - - - - - - - - -
Twenty20 5 - - - - - - - - - - - -
Praveen Kumar
India
Playing role Bowler
Hailing from a family of wrestlers, Praveen Kumar is one of the heroes of the
recently concluded India-Australia-Sri Lanka tri series Down Under. A right-arm
medium pace bowler, who relies on his ability to swing the ball, he is most effective
with the new ball. Besides being a fine opening bowler, he is also an effective and
aggressive pinch hitter.
Averages
ODIs 5 3 0 25 12 8.33 28 89.28 0 0 2 0 2 0
Tw20 1 1 0 6 6 6 10 60 0 0 0 0 0 0
List A 41 38 1 879 64 23.75 826 106.41 0 4 - - 6 0
Twenty20 5 5 1 113 76* 28.25 86 131.39 0 1 13 2 0 0
Bowling averages
ODIs 5 5 300 225 10 4/13 4/13 22.5 4.5 30 2 0 0
T20Is 1 1 12 15 1 1/15 1/15 15 7.5 12 0 0 0
List A 41 0 2124 1573 73 5/32 5/32 21.54 4.44 29 3 2 0
Twenty20 5 5 104 84 6 2/5 2/5 14 4.84 17.3 0 0 0
Anil Kumble
India
Bowling style Leg break googly
Nicknamed 'Jumbo' for being unusually fast for a spinner, Anil Kumble is a right-arm
leg spin bowler and a right-hand batsman. Kumble relies a lot on accuracy, subtle
variations and bounce. He is currently the leading wicket-taker for India in both
Tests and ODIs. With over 600 wickets in Tests, he is the third highest wicket taker
behind Shane Warne and Muthiah Muralitharan. He is one of only two bowlers in Test
history to have taken all 10 wickets in an innings. Kumble has also often lent his skill
as a batsman in crunch situations like last year's tour of England, where Kumble
scored his maiden Test century at The Oval. Grit and determination are synonymous
with Kumble.
Winner of the Arjuna Award in 1995 and a Wisden Cricketer of the Year in 1996,
Kumble was among the 16 cricketers short listed for the Wisden Indian Cricketer of
the 20th Century, in 2000. A Padma Shri awardee in 2005, Kumble is among the
most respected cricketers in the game. Kumble is armed with a degree in
Mechanical Engineering.
Averages
ODIs 271 136 47 938 26 10.53 1536 61.06 0 0 57 6 85 0
Tw20 2 1 0 8 8 8 7 114.28 0 0 0 0 0 0
Bowling averages
ODIs 271 265 14496 10412 337 6/12 6/12 30.89 4.3 43 8 2 0
Tw20 2 2 47 46 4 2/20 2/20 11.5 5.87 11.7 0 0 0
Zaheer Khan
India
Bowling style Left-arm fast-medium
Known to his team mates as "Zaks", Zaheer is an alumnus of the National Cricket
Academy in Bangalore and was one of the answers for India's search for a genuine
left arm swing bowler at the turn of the millennium. He was named as one of the
Wisden Cricketers of the Year 2007. Strongly built and known for his aggression,
Zaheer represents the new face of a positive Indian cricketer. A left arm pace
bowler, Zaheer has the ability to swing the ball either way, and as a batsman also
holds the record for the highest Test score by a No. 11 (75 versus. Bangladesh in
2004). He has taken more than 200 ODI wickets (Avg 29.04) besides having 170 test
wickets in his kitty.
Averages
ODIs 271 136 47 938 26 10.53 1536 61.06 0 0 57 6 85 0
Tw20 2 1 0 8 8 8 7 114.28 0 0 0 0 0 0
Twenty20 10 7 3 56 26 14 56 100 0 0 6 0 3 0
Bowling averages
ODIs 144 142 7213 10412 5910 201 5/42 5/42 29.4 35.8 6 1 0
Tw20 1 1 24 15 2 2/15 2/15 7.5 3.75 12 0 0 0
Twenty20 10 10 228 265 9 2/15 2/15 29.44 6.97 25.3 0 0 0
Dale Willem Steyn

South Africa
Bowling style Right-arm fast
An aggressive out-and-out fast bowler capable of bowling at speeds in excess of 145

kmph, Steyn can generate late swing. He loves "the buzz from bowling fast" and
aims to become the quickest bowler in the world. Some of the Royal Challengers
who are part of the Indian team got to know what he meant by that in the recent
SA-India test match held at Ahmedabad. Steyn is the fastest South African to reach
100 wickets in Test matches, a feat he achieved on 2 March 2008 in his 20th match.
Averages
ODIs 12 3 1 5 3 2.5 17 29.41 0 0 0 0 2 0
Tw20 2 1 1 1 1* - 1 100 0 0 0 0 0 0
Twenty20 14 4 2 7 4* 3.5 8 87.5 0 0 0 0 2 0
Bowling averages
ODIs 12 12 528 511 15 3/65 3/65 34.06 5.8 35.2 0 0 0
Tw20 2 2 42 26 5 4/9 4/9 5.2 3.71 8.4 1 0 0
Twenty20 14 13 294 293 16 4/9 4/9 18.31 5.97 18.3 1 0 0
Nathan Wade Bracken

Australia
Playing role Bowler
Bowling style Left-arm fast-medium
A tall, left-arm fast-medium bowler, Bracken has represented Australia in all forms
of the game and remains a regular fixture in the Australian ODI and T20
International teams. A New South Welshman in Australian domestic cricket, he
played for Gloucestershire in 2004 in English county cricket. He was the Man-of-the-
Series in the recently concluded tri-series in Australia involving India and Sri Lanka.
Averages
ODIs 81 23 11 149 21* 12.41 204 73.03 0 0 7 5 17 0
Tw20 12 2 1 7 4 7 6 116.66 0 0 0 0 3 0
Twenty20 19 5 3 14 7* 7 10 140 0 0 0 1 3 0
Bowling averages
ODIs 81 81 3984 2920 131 5/47 5/47 22.29 4.39 30.4 3 2 0
Tw20 12 12 233 253 15 3/11 3/11 16.86 6.51 15.5 0 0 0
Twenty20 19 19 394 458 22 3/11 3/11 20.81 6.97 17.9 0 0 0
Abdur Razzak
Bangladesh
Bowling style Slow left-arm orthodox
Averages
ODIs 57 36 16 257 28 12.85 346 74.27 0 0 16 8 14 0
T20Is 8 5 2 7 5 2.33 21 33.33 0 0 0 0 0 0
Twenty20 8 5 2 7 5 2.33 21 33.33 0 0 0 0 0 0
Bowling averages
ODIs 57 57 2983 2038 84 5/33 5/33 24.26 4.09 35.5 2 1 0
T20Is 8 8 186 178 13 3/17 3/17 13.69 5.74 14.3 0 0 0
Twenty20 8 8 186 178 13 3/17 3/17 13.69 5.74 14.3 0 0 0
Vinay Kumar
India
Averages
First-class 34 46 11 408 48 11.65 1099 37.12 0 0 - 14 0 0
List A 28 16 6 259 82 25.9 - - 0 2 - - 11 0
Twenty20 7 6 3 71 25* 23.66 37 191.89 0 0 4 5 1 0
Bowling averages
First-class 34 0 6507 3092 8125 - 6/3 24.73 2.85 52 4 7 1
List A 28 1403 998 49 4/24 4/24 20.36 4.26 28.6 3 0 0
Twenty20 7 7 155 186 9 3/31 3/31 20.66 7.2 17.2 0 0 0
KP Appanna
India
Averages
List A 4 2 2 2 1* - 0 0 0
Twenty20 3 1 1 9 9* - 3 300 0 0 2 0 0 0
Bowling averages
List A 4 4 192 160 7 4/8 22.85 5 27.4 1 0 0 0
Twenty20 3 3 48 65 2 1/9 1/9 32.5 8.12 24 0 0 0

Shakespeare to Vijay Mallay:
These are the deeds must not be thought after these ways; so, it
will make us mad.
Macbeth

Corporate Restructuring
Introduction
Corporate reorganization is done from time to time in response to business
environment and changing dynamics.
The process of corporate reorganization should be seen as a business structure to

grow & enhance value.
The discussion is the part is centered on corporate reorganization associated with

1. Split-up of an existing company’s balance sheet through asset sale,

subsidiarisation or other methods involving transfer of asset or transfer of
equity, popularly known as “Corporate restructuring”.
2. Integration of two or more balance sheets popularly known as “Mergers &

Amalgamation”.
3. Change in the shareholding pattern of a company resulting is a change in

control or ownership known as “Acquisition or Takeovers “.
We will not be discussing the other methods (Merger’s & Acquisition).
Rationale for Corporate reorganization in the context of Royal Challengers

Bangalore team
1. To create a long term fan following.
2. To attain better utilization of existing team members.
3. To exit the non-performing players.
4. Strategic divestitures: These are the instances where a company is nurtured
with a strategic sale in mind.
Overview of corporate restructuring

The term corporate restructuring “connotes the entire process of through which an
existing company reorients itself as response to changing business environment &
operational dynamics”
There are two types of corporate restructuring: (1) Internal restructuring & (2)
External restructuring
Caution: We will be discussing only internal restructuring.

Internal restructuring consists of
• Operational restructuring
• Divisional restructuring &
• Financial restructuring
Operational restructuring is a change brought about the organization & / or its

process.
Divisional restructuring refers to setting up separate divisions within the same
company for a better operational control & accountability.
Financial restructuring entails a change in the capital structure.
Royal challenger’s team need to be restructured in two ways one is People

restructure (Operational & Divisional) & another is Revenue (Financial)
restructure.
Strategies for people restructure10
“A team is a mosaic”--- Charles Williams
10
Taken from Edward De Bono’s book Tactics.
“The first thing is to decide what you are trying to do. You
then decide both how many people you need, what kind of
people & what skills are required”—Chris Bonington
Step 1: First find the Gap

First of all you have to reorganize that you want somebody is particular situation
that is terribly important. Having identified the gap you have to identify in your
mind the Strength & Achievements of the sort of person you want for the situation.
Step 2: Find the right man for the Job
Step 3: Hire someone loyal to intention

Choosing people to work around is a combination of two things, experience &
enthusiasm.
Experience helps a lot in certain situation. Enthusiasm encompasses dedication
because people who are very, very enthusiastic about ideas are dedicated to
getting thing done & making them work. One follows the other: enthusiasm,
dedication, loyalty.
Step 4: Plant a catalyst

First recognizing the weakness in a team or the skills gaps, it also recognizes the
need for catalyst in a team; it’s brings sensitive to the way individuals react to
another, how they complement one another.
Team Motivation
• Use people wisely
• Display a sense of involvement
• You don’t have to be liked: A leader should not “need” to be loved but should
behave in such a manner that he or she is loved.
• Communicate goals
• Offering the carrots: Rewards are powerful way of producing change through
subject to certain limitation.
• Criticize the performance not the performer.
Even after using the above methods if we did not get the desired result
then “Get rid of those People”
Strategy for Divisional Restructuring

Cricket consists of four divisions batting, bowling, wicket keeping/batsman & all-
rounder. Refer team analysis. This restructuring is done on the basis of IPL format
(i.e. foreign player + Catchment Area + Under-22). No new player should be
recruited for the next 2 years. Since every player’s contract will expire after 3 years.
New recruitment should happen after 2 years.
Foreign Player Catchment Area Below 22 Years

1. Jacques Kallis 1. Rahul Dravid 1. Virat Kohli
2. Cameron White 2. Wasim Jaffer 2. Shreevats
Goswami
3. Ashley Noffke 3. Jagadeesh 3. Praveen Kumar

Arunkumar
4. Nathan Bracken 4. Bharat Chipli 4. K.P. Appanna
5. Dale Steyn 5. Devraj Patil
6. Mark Boucher 6. Balachandra
Akhil
7. Misbah-ul-Haq 7. Anil Kumble
8. Ross Taylor 8. Zaheer Khan
9. Shivnarine 9. Sunil Joshi
Chanderpaul
10.Abdur Razzak 10.Ranganath Vinay
Kumar
11.N.S.C. Aiyappa
No restructuring should be done for below 22 years age group as per the
format.
Restructuring for Catchment Area players

Since we can not sell the catchment area players we can use them as our bench
strength.
The following players should be divested, they are:
Should be Divested Hold
Wasim Jaffer Rahul Dravid
Reason : Age & less one day match
experience
Devraj Patil Anil Kumble
Reason: Team has already has too
much of wicket keepers.
Sunil Joshi Zaheer Khan
Reason: Age & already retired from
all forms of cricket.
N.S.C. Aiyappa Balachandra Akhil
Reason: Too many players in the
team.
Jagadeesh Arunkumar Ranganath Vinay Kumar
Reason: Too many players in the
team.
Bharat Chipli
Restructuring for foreign players

Since the format allows us to sell some of our foreign players we will sell some of
them.
The following players should be there in the team:
Should be Divested Hold
Shivnarine Chanderpaul Jacques Kallis
Reason: Since he plays at No.3 this
spot can be filled up by either Kallis
or Ross Taylor
Abdur Razzak Cameron White
Reason: Less scope for spinner.

Another reason is Anil Kumble’s
presence & experience.
Mark Boucher Nathan Bracken
Reason: Too many wicket keepers.
Ashley Noffke Dale Steyn
Reason: He was selected as all-
rounder. But this place can be
replaced by White or Misbah.
Misbah-ul-Haq
Ross Taylor
After restructuring the RCB team will look like this.

Foreign Players Catchment Area Under- 22
1. Jacques Kallis 1. Rahul Dravid 1. Virat Kohli
2. Cameron White 2. Anil Kumble 2. Shreevats Goswami
3. Nathan Bracken 3. Zaheer Khan 3. Praveen Kumar
4. Dale Steyn 4. Balachandra Akhil 4. K.P. Appanna
5. Misbah-ul-Haq 5. Ranganath Vinay
Kumar
6. Ross Taylor 6. Bharat Chipli
6 (Foreign players) + 6 (Catchment area) + 4 (Under-22) = 16 players.

The final eleven playing will be:
Batsmen Bowlers Wkt/Batsmen All-rounder

Rahul Dravid Anil Kumble Shreevats Virat Kohli
Goswami
Ross Taylor Zaheer Khan Praveen Kumar
Misbah-ul-Haq Dale Steyn
Ranganath Vinay Nathan Bracken
Kumar
Players on Bench
Bench
Players
Jacques Kallis
Cameron
White
Balachandra
Akhil
Bharat Chipli
K.P. Appanna
Strategy for Revenue restructuring

After seeing the balance sheet we can improve the revenue from three sources:
1. Team sponsor: First find somebody to sponsor the team. It helps to reduce
the losses.
2. Gate receipts: Improve the stadium occupancy efficiently.

3. Marketing: Market the players like Shah Rukh Khan did to his team.
4. Strategic divestitures: Sell some the foreign players. Ex Abdul Razzak of
Bangladesh, Mark Boucher of SA. If you can find a buyer to sell some of your
International players then sell.
By selling the players we will be fetching around
US $ 200,000+ 120,000 + 450,000 + 62,500 = US $ 832,500 or (Rs.
3.663 Crores/year)
Appendix 1
Most runs scored in the whole Tournament by RCB players
I Ru
Player Mat HS Ave BF SR 4s 6s
nns ns
28.5
R Dravid 14 14 371 75* 3 298 124.49 35 11
32.1
MV Boucher 10 10 225 50* 4 177 127.11 24 6
18.0
JH Kallis 11 11 199 54 9 183 108.74 23 4
V Kohli 13 12 165 38 15 157 105.09 18 4
37.2
LRPL Taylor 4 4 149 53 5 81 183.95 13 10
Misbah-ul- 16.7
Haq 8 8 117 47* 1 81 144.44 10 6
19.1
W Jaffer 6 6 115 50 6 104 110.57 12 3
16.2
CL White 8 8 114 31* 8 102 111.76 8 4
P Kumar 13 12 112 34 11.2 98 114.28 10 6
27.3
SP Goswami 4 3 82 52 3 85 96.47 9 1
15.3
B Akhil 7 7 46 27* 3 31 148.38 4 3
Z Khan 11 8 34 17* 8.5 43 79.06 4 0
S
Chanderpaul 3 3 25 16 8.33 31 80.64 4 0
R Vinay
Kumar 8 4 25 23 8.33 22 113.63 2 1
J Arunkumar 3 3 23 22 7.66 23 100 5 0
B Chipli 3 3 20 10 6.66 28 71.42 3 0
DT Patil 2 2 13 9 6.5 13 100 1 0
A Kumble 10 5 13 8 6.5 17 76.47 1 0
AA Noffke 1 1 9 9 9 10 90 1 0
SB Joshi 4 2 6 3 3 14 42.85 0 0
DW Steyn 10 2 2 1* 2 5 40 0 0
Abdur Razzak 1 1 0 0* - 2 0 0 0
Appendix 2
Bowling Figures
O
Ru Wk
Player Mat ver’ Mdns BBI Ave Econ SR
ns ts
s
27.4
Z Khan 11 42 0 357 13 3/38 6 8.5 19.3
33.2
P Kumar 13 44.4 1 366 11 3/23 7 8.19 24.3
DW Steyn 10 38 0 252 10 3/27 25.2 6.63 22.8
43.4
A Kumble 10 38.2 0 304 7 3/14 2 7.93 32.8
R Vinay
Kumar 8 23 0 182 5 3/27 36.4 7.91 27.6
77.7
JH Kallis 11 34.2 0 311 4 2/39 5 9.05 51.5
V Kohli 13 7.4 0 61 2 2/25 30.5 7.95 23
B Akhil 7 17.2 0 134 2 2/17 67 7.73 52
AA Noffke 1 4 0 40 1 1/40 40 10 24
SB Joshi 4 9.1 0 82 1 1/27 82 8.94 55
CL White 8 1 0 24 0 - - 24 -
Abdur Razzak 1 2 0 29 0 - - 14.5 -
Appendix 3
Royal Challengers Bangalore 2008 Season
Royal Challengers Bangalore IPL Fixtures
No Date Opponent Venue Result

1 18-Apr Kolkata Knight Riders Bangalore Lost by 140runs
2 20-Apr Mumbai Indians Mumbai Won by five wickets, MoM – Mark Boucher – 39* (19)
3 26-Apr Rajasthan Royals Bangalore Lost by 7wickets
4 28-Apr Chennai Super Kings Bangalore Lost by 13runs
5 30-Apr Delhi Daredevils Delhi Lost by 10runs
6 3-May Deccan Chargers Bangalore Won by 3runs, MoM – Praveen Kumar – 3/23(4overs)
7 5-May Kings XI Punjab Bangalore Lost by 6wickets
8 8-May Kolkata Knight Riders Kolkata Lost by 5runs
9 12-May Kings XI Punjab Mohali Lost by 9Wickets
10 17-May Rajasthan Royals Jaipur Lost by 65runs
11 19-May Delhi Daredevils Bangalore Lost by 5wickets, MoM – Shreevats Goswami – 52(42)
12 21-May Chennai Super Kings Chennai Won by 14runs, MoM – Anil Kumble - 3/14(4overs)
13 25-May Deccan Chargers Hyderabad Won by 5wickets, MoM - Vinay Kumar - 3/27(4overs)
14 28-May Mumbai Indians Bangalore Lost by 9wickets

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1 | Page Corporate Restructuring

Criteria for selecting International Players:...........................................................20

Appendix 3: Royal Challengers Bangalore matches Results.

This document is contains four parts:

The aim of this Document is to “improve my own understanding” on the subject

In between I have used the dialogues of one of the greatest tragedy of

The people who matter

The Revenues & Expense details

• English Auction for Players(Around 80 Players Participated)

Sealed-Bid First Price Auction

Sealed bid-auctions have these characteristics:

From a Seller’s Perspective

From a Bidder's Perspective

• A Member of Parliament from Karnataka.

The auction is for single item, which is Bangalore franchise.

Remain IPL Remaini Franchi

Vijay Mallay Calculated Franchise Fees based only on Revenues, Media

I.e. US $ 12 Mn (Franchise Fee) + 5(Player’s Cost) + 5(assuming Admin+ event Mgmt+

Player’s cost will be increasing every 3 years.

1. Revenue(Rs in Crore) 2. Expenses Total

The Lessons to be learnt from Vijay Mallay is:

Auction Type is Open type (English Auction5)

1. Each player has an annual "base player fee"6.

Bidding increments will be as follows:

An advantage to English auctions is that a bidder gains information.

Quote of Vijay Mallay after winning the Franchise & players:

Bangalore, the team Mallya owns, will be holding the opening

Wicket Keepers & All-rounder

Kumar hande medium-fast 0

Administration and coaching staff

* Owner - Vijay Mallya

* Head Coach- Venkatesh Prasad

Quote by Vijay Mallay

Shakespeare to Mallay, after giving responsibility to Charu

He was a gentleman on whom I built an absolute trust.

Shakespeare’s Macbeth, Act 1, Scene 4

Quote by Dravid on Team Quote by Dravid on Team

Solution given by Martin Crowe

Analysis of Team Composition

5(Batsmen’s) +5(Blowers) +1(Wk/Batsmen) =11 Playing Team Members.

This is general format of the game.

Applying the above format to the RCB team, it consists of:

5(All-rounder’s) +9(Batsman’s) +3(Wk/Batsman) +8(Bowlers) =25 Players.

i.e. 4(Foreign Players) +4(Catchment area) +4(Below 22 yrs) =IPL team.

This is the minimum requirement for selecting the team.

9(Foreign Players) +12(Catchment Area) +4(Below 22 Yrs) = RCB

1. Names of famous players.

Names of Famous players

Criteria for selecting International Players:

1. Check his National, County & local commitments.

3. Should have represented his National One-day & 20-20 team.

6. Should not hire a Pakistan & Bangladesh Player.

Applying the above Criteria to the RCB team:

Criteria 6: This criterion was misunderstood by RCB team.

Criteria for selecting Catchment area & Under-22

1. Should have played T20 cricket for the National team.

3. Burning desire to make it into National team, if he is a Ranji player.

Applying the above criteria to the RCB team:

Money ball Concept

In more direct Cricket terms:

Shakespeare to players who have not played T-20 Format game

Rules of Thumb for Batsmen

Rules of Thumb for Bowlers