Amitabh Bachchan refutes rumours of buying IPL stake

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Bollywood megastar Amitabh Bachchan has denied that his family was interested in picking equity stake in any of the franchises of the cash-rich Indian Premier League (IPL).

"This news is incorrect," Bachchan told a leading media agency when asked about reports on the issue.

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Earlier, there were reports that the Bachchans had approached the Chennai Super Kings and Rajasthan Royals with proposals to buy stakes in the franchises.

[caption id="attachment_201705" align="alignnone" width="647"] Logo of Chennai Super Kings[/caption]

While the talks with three-time champions CSK were reportedly unsuccessful, discussions with the Royals did not progress beyond the first round.

[caption id="attachment_201710" align="alignnone" width="647"] Logo of Rajasthan Royals[/caption]

Interestingly, the Bachchan family already has stakes in Indian Super League (ISL) Franchise Chennaiyin FC and Pro Kabaddi League (PKL) franchise Jaipur Pink Panthers.

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