The Delhi Daredevils have an understanding with Nashua Titans of South Africa regarding player exchanges and commercial
tie-ins. Kolkata Knight Riders have been in the UK county market exploring various alliances and business opportunities," a senior executive of a leading IPL team said requesting anonymity. However, when contacted, Amrit Mathur, COO of Delhi Daredevil, said: "We do not have any such plans currently."ti
But sports marketing experts say, once executed, the overseas franchise Twenty20 tournaments will
unlock a big commercial opportunity for the IPL teams. "Some of the IPL teams are looking at raising funds from the UK among other countries. Unless they have local presence, it will be difficult to attract investors from overseas. This is why several IPL teams have been looking at local associations and local tournaments," a top executive of a leading investment banking firm said. A significant presence of non-resident Asians in England, South Africa, the UAE and Australia is also
throwing up business opportunities for the IPL teams.
Source :
http://in.news.yahoo.com/241/20100210/1268/tsp-ipl-bats-for-foreign-pitches-to-net.html Could you please explain to me the emboldened parts?