U Mumba will sell their team – Ronnie Screwvala’s shocking statement
Star India has a 74% stake in Mashal Sports. That’s why they say Star was able to buy the media rights. Along with Star, Sony, Dream 11, Repliance, Cartmedia and ITV had procured the tender documents for the auction process. However, no one except Star India has bid for the auction.
Speaking on the occasion, Roni Screwwala, owner of U Mumba, said, “U Mumba will now look for an option to sell its ownership in the Pro Kabaddi League. Nepotism turned the auction process into a folly. It is a shame.”
Screwwala also said that. “The complaints lodged by the bidders for the auction process have not been disclosed by Mashal Sports. The auction process was set up as if it was meant only for Star India. If I get sued for these comments I will be happy.”