Franchise History
The Hyderabad franchise was bought by Deccan Chronicle Holdings Ltd. The media group acquired the franchise for an amount of USD 107 million on 24 January 2008. The Chargers logo is a charging bull. From the 2009 season, the team changed the colour of the jersey (from beige and black to sparkling silver and blue) and the logo (from gold and red to white and blue). There wass no Icon Player for the team as the former captain V.V.S. Laxman rejected the offer to be an icon player in order to free funds and enable the franchise to buy and encourage younger players.
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