Deccan Chargers

Owner Deccan Chronicle Founded 2008 CEO J Krishnan Head Coach Greg Shipperd President TBA Captian VVS Laxman Home Ground Rajiv Gandhi Stadium Icon Player None Capacity 55,000 Team Value US$107 million

Team Profile

Deccan Chargers is the franchise that will represent the city of Hyderabad in the Indian Premier League. The team will be led by V.V.S. Laxman and coached by Robin Singh, presently the fielding coach of the Indian cricket team. There is no Icon Player for the team.

Franchise History

The Deccan Chargers franchise is owned by Deccan Chronicle. The media group acquired the franchise from IPL for $107 million on January 24, 2008. Group M later picked a 20 percent stake in Hyderabad IPL team.

Players

The Chargers were among the most aggressive bidders during the first Indian Premier League player auction. The franchise added a lot of explosive power in batting by acquiring some renowned big hitters like Adam Gilchrist, Andrew Symonds, Shahid Afridi, Scott Styris and Herschelle Gibbs.

In addition to all these players, the franchise also includes the Indian test player V.V.S. Laxman, who is a Hyderabad local. They are also employing the services of well-known pacers R.P. Singh, Nuwan Zoysa and Chaminda Vaas. It's been announced by the franchise that Laxman will captain the side during the tournament.

V.V.S. Laxman was supposed to be the Icon Player for the Deccan Chargers, but this meant that the players mentioned above could not be bought as Icon Player's earn 15% more than the next highest earner in the team. However, VVS Laxman relinquished his Icon Player Status, and instead of earning $1 million like other Icon players he earns $375,000, which allows the team to buy the big names and still remain under the salary cap.

Current Squad