Judicious spending helps strike right balance: IPL team owners
Bangalore: IPL team owners appear to have realised that success does not come along by spending more in IPL auction and made judicious decisions to pick right players to strike right balance in their teams.
Speaking to reporters at the end of the IPL-7 auctions here, Kings XI Punjab owner Ness Wadia said spending more money does not bring success but judicious spending helps strike right balance in the team.
With their judicious buying Rajasthan Royals and Punjab were in the position to save Rs 5.55 ctore and Rs 4.10 crore, respectively.
Sunrisers Hyderabad and Kolkata Knight Riders saved Rs one crore each.
"Penny saved is penny earned. Every rupee saved is rupee earned. We have realised over the years that we need balanced team. We have seen money does not bring success. It is not all about taking the stars. It is about building the future," Wadia said.
Commenting in support of Wadia`s views on judicious buying, Kolkata Knight Riders (KKR) MD and CEO Venky Mysore said he did not go berserk on single player and their idea was to judiciously spend on right kind of players.
"When we went for auction. Our idea was to spend right on every player. So we never went berserk on any single player. Before we entered the auctions, we knew what is the kind of amount we are going to spend," he said.
Wadia said his team management could take dynamic decisions with flexibility because of Coach Sanjay Bangar who has immense knowledge about domestic players.
Unlike Tom Moody and Micheal Beven, Bangar was always available with the team management for developing strategies to pick players, Wadia said.
"Bevan and Moody were not always available with us due to various reasons. But this time, we had Bangar who was available," he said adding that they started strategising in November last soon after signing Bangar for the job.
Asked why there was no bidding from KKR for a player like Virendar Sehwag`s calibre, Venky said, "It was a part of our team strategy."
Asked whether they picked the team considering uncertainty over IPL venues, Wadia said they did not look at the issue from that perspective, but were fortunate to get players who could play in any given condition.
Replying to a query, Rajasthan Royals CEO Raghu Iyer said many of the players including Pravin Tambe were picked up because of their potential.
The team has also set up an off-field crack team which will work with these potential domestic players to elicit results from them, Iyer added.
Asked was Sehwag picked for leading the KXIP side, Wadia said they would take a decision on the issue after discussing it with team management.
"We did not go into the auction picking players keeping in mind that he would be a captain of our team," he said.
"It would be incorrect to say who can and who cannot be a captain. We have to discuss with them if they are willing to take it. It is not that we impose it," Wadia added.