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    Franchise owners send joint letter objecting to new IPL play-off reward, staging fee

    Owners of all eight franchises have signed a letter and sent it to the Indian Premier League and asked the body to put on hold the proposed changes regarding the league standing money and the hosting fee payable to the state associations that provide venues. The letter which was sent last weekend, was signed by Shah Rukh Khan (co-owner at Kolkata Knight Riders), Akash Ambani (Mumbai Indians), Kasi Viswanathan (CEO of Chennai Super Kings) and Parth Jindal (majority owner at Delhi Capitals).

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