Essel Group to enter global sports biz; focus on cricket

Thakur

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MUMBAI: Essel Group has rubbished media reports stating that the Subhash Chandra owned company was registering entity with names that appear to be rival national cricket boards.
 
It may be recalled that way back in 2007, Essel Group had launched the Indian Cricket League, which did not meet with success.
 
In an official statement, Essel Group pooh-poohed reports, which said that Ten Sports Network was registering certain entities pertaining to cricket as a sport.
 
“We would like to clarify that the same is not true, since Ten Sports Network has no connection to this initiative, it being a sports network owned by Zee Entertainment Enterprises Ltd., a publicly listed company on Indian stock exchanges. Ten Sports Network holds the broadcast rights for five major cricketing boards namely South Africa (CSA), Zimbabwe (ZC), West Indies (WICB), Sri Lanka (SLC) and Pakistan (PCB) and many other premier sporting events like UEFA Champions League, US Open and WWE. It is a dominant player in the cricket broadcasting and production arena,” the company said.
 
That said, Essel Group, however has been analysing the sports market and is looking at entering the sports business at a global level, with a focus on cricket.

http://www.indiantelevision.com/television/tv-channels/sports/essel-group-to-enter-global-sports-biz-focus-on-cricket-150427
 
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