Team Kochi is back in the news. Information filtering through its ownership circle is that the Indian Premier League (IPL) team could be up for sale. The team with a multiple ownership has suffered a loss of over Rs125 crore in its first year in the IPL. More than Kochi Tuskers’s poor performance, the cash flow to run the second-most costliest side seems to have hurt them. The team was bought for $333 million (approximately Rs1,500 crore).

Conflicting signals were emanating from the team on Monday. One of the owners confirmed that the team is up for sale, while another said the news was not true. “I can confirm that the team is going for sale,” said one of the owners refusing to divulge more information. Mehul Shah of Anchor Switches, which holds the largest stake in the team, said the team is not up for sale. “We are not selling the team,” he said.

Indian team first International assignment after the World Cup 2011 will be the tour of West Indies where they will play one twenty20 internationals, five match ODI series and three match test series against West Indies.