It is heartening to see that the Indian Premiere League or the Indian Paisa League is in its full fervor. Recently, we heard the news that most of the teams are yet to break even. The article left me perplexed. IPL is the biggest event in cricket universe and is one the biggest source of revenue for all stakeholders. To probe into the matter, I have started by preparing Chennai Super King’s balance sheet. Let us have a look into it :
Assets | Liabilities |
Current Assets 2,845,000Dwayne Bravo 200,000 Faf du Plessis 120,000 Mike Hussey 425,000 R Ashwin 850,000 Chris Morris 650,000 Dirk Nannes 600,000 Fixed Assets 3,600,000 MS Dhoni 1,800,000 Albie Morkel 500,000 Suresh Raina 1,300,000 Other Assets 850,000 Ben Hilfenhaus 100,000 Doug Bollinger 700,000 George Bailey 50,000
| Current Liabilities 1,780,000Joginder Sharma 150,000 Nuwan Kulasekara 100,000 S Badrinath 850,000 Scott Styris 200,000 Sudeep Tyagi 240,000 Suraj Randiv 80,000 Wriddhiman Saha 100,000 Akila Dananjaya 20,000 Ben Laughlin 20,000 Jason Holder 20,000 Long-term Liabilities 2,900,000 Ravindra Jadeja 2,000,000 M Vijay 900,000 Other Liabilities 2,615,000 Srikkanth Anirudh Baba Aparajith Imtiaz Ahmed Shadab Jakati R Karthikeyan Ronit More Ankit Rajpoot Mohit Sharma
|
Total Assets 7,295,000 | Total Liabilities 7,295,000 |
The balance sheet gives us insights into where things might have gone wrong. However, given their record, it seems like everything is perfect with them. CSK find themselves in an ideal position to reclaim the title they are used to.
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