Its official now that the IPL Team, Deccan Charges is up for sale, as the Franchisee had put up an Tender notice in the newspaper.



Notice was: "Deccan Chronicle Holdings Limited, under the aegis of the BCCI, invites bids in respect to its IPL franchise, The Deccan Chargers."

It was issued by Venkattram Reddy, Chairman, DCHL.

According to the notice, the bidder will acquire the team "as is where is" basis, means the franchisee will have to stay back in Hyderabad and will continue as Deccan Chargers.

Still, the salaries of the IPL5 for the Team players have to be paid, and they will be settled  by the new franchisee, who buys them.

It is known that, Deccan Chargers were the IPL Champions for the 2nd Edition, and since then, they could not show up the performance, which may have turned the franchisee's minds down.