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Business News/ Consumer / We want fans to have a royal experience
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We want fans to have a royal experience

We want fans to have a royal experience

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Mumbai: Given the additional teams joining the competition (next year) and the re-auctioning of players, there will be a huge incentive for players to perform in season 3 to maximize their earning potential," says Manoj Badale, chairman and co-founder of Rajasthan Royals. The franchise is open to new partnerships, he says in an interview. Edited excerpts:

Also ReadIPL to repeat bidding process for new teams

How is this season critical, given that IPL (Indian Premier League) is returning to India?

Investors welcome: Manoj Badale, chairman, co-founder of the team.

What would it mean to have two more teams from the next season?

Given the additional teams joining the competition and the re-auctioning of players, there will be a huge incentive for players to perform in season 3 to maximize their earning potential. For the existing teams, I am not sure that it really changes anything—everyone is going to compete as hard as they can to win.

The business of IPL will definitely grow with more teams joining the tournament. IPL 4 will open doors for more players across the world, and it will further spread the tournament’s influence. In terms of its economic impact, we expect that to be positive, given the increase in the television and sponsorship income from which franchises share.

With nearly 100 matches in season 4 over 45 days, will it lead to spectator fatigue?

What are your plans for investments or diluting holdings?

If there are investors that can add strategic value, then we would always welcome them into the family.

The first season created a whole new audience, essentially housewives, etc. How do you plan to engage with and sustain this audience?

We have planned multiple marketing programmes to connect with our fans in Rajasthan, Gujarat and (the) rest of India. Recently, we launched a number of marketing initiatives with our partners UltraTech, Moov, among others. We are working closely with all our partners to launch below-the-line activities as a build-up to IPL season 3. Shilpa (Shetty, actor and co-owner of Rajasthan Royals) has also been an integral part of all our campaigns so far and will continue to be so. Now that IPL is back in India, we wanted our fans to have a royal experience and have introduced our hospitality programme called ‘Blue Carpet’.

This is the fourth in a series of interviews of IPL team owners and executives. On Tuesday: Rakesh Singh, head, marketing, of Chennai Super Kings.

gouri.s@livemint.com

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Published: 07 Mar 2010, 09:09 PM IST
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