Do you know Kolkata Knight Riders (IPL) is making profit? Last year, they made $ 5 million or so... thanks to Shah Rukh Khan, Juhi Chawla and sundry investors.
As per the latest news, from Economic Times, read a few minutes ago...
They are going to take the initial investment of $15 million out, selling a 20% stake.
A British sports investor is buying the stake.
Win or lose, it makes biz sense!
They won only 3 matches, with one being washed out! ;-)