History
Reliance Industries Limited purchased the rights for the Mumbai franchise of Indian Premier League for a total of 496 Cr during the auction on January 24, 2008. The franchise was eventually named the Mumbai Indians. The RIL bid made the Mumbai Indians the most expensive franchise in the 2007 IPL auction till 2010 edition. In 2011 team auction saw the Sahara Pune Warriors bought by Subroto Roy taking that title worth 1726 Cr ($ 375.2 m).
Read more about this topic: Mumbai Indians
Famous quotes containing the word history:
“It would be naive to think that peace and justice can be achieved easily. No set of rules or study of history will automatically resolve the problems.... However, with faith and perseverance,... complex problems in the past have been resolved in our search for justice and peace. They can be resolved in the future, provided, of course, that we can think of five new ways to measure the height of a tall building by using a barometer.”
—Jimmy Carter (James Earl Carter, Jr.)
“The greatest horrors in the history of mankind are not due to the ambition of the Napoleons or the vengeance of the Agamemnons, but to the doctrinaire philosophers. The theories of the sentimentalist Rousseau inspired the integrity of the passionless Robespierre. The cold-blooded calculations of Karl Marx led to the judicial and business-like operations of the Cheka.”
—Aleister Crowley (1875–1947)
“The view of Jerusalem is the history of the world; it is more, it is the history of earth and of heaven.”
—Benjamin Disraeli (1804–1881)