(Image source from: Jindal confirms 'idea to acquire' IPL team})

JSW Steel chairman, Sajjan Jindal, has confirmed that his group is going to acquire an IPL team without naming it, amid speculation that it could be Royal Challengers Bangalore, owned by liquor baron Vijay Mallya. “Cricket is the number one sport in our country, so there is an idea to acquire a team an IPL team. But I cannot comment which team it would be,” said Jindal.

“Moneywise, I don’t think that is the issue (because) the idea is that we want to take some credible team so that we can promote sports,” he told reporters. When pin-pointedly asked whether the steel giant will indeed buy RCB. “That depends on them (RCB),” Jindal just said.

The group’s sports wing, JSW Sports, owns I-League club, Bengaluru FC, the Sunil Chhetri-led side which won the title in 2014.

Jindal said that his group is building a village for sports in Karnataka and would also focus on other sports like kabaddi and hockey. “We are looking at kabaddi and hockey, we also want to go pan-India in various sports through JSW Sports.”

By Premji