A lot of our hopes for a Kochi IPL team rested on Mohanlal’s and Priyadarshan’s shoulders. And that dont look too good. Well, its looking bad as the duo have backed out of the auction. They backed out after IPL changed the conditions and asked for Rs. 5000 crores as security deposit instead of the initial Rs. 300 crores. This did not go down well not only the filmy duo but also with the investors who was backing them. The status of the billionaire sheik from Abu Dhabi is not confirmed.
Experts predict that Ahmedabad will be picked up by the Adani group and either Nagpur or Pune by Videocon. Screw them all. If Kochivibe makes billions and trillions of dollars we promise to get Kochi a ‘Kochivibe’ team! 
5000cr. is way too much. Will there be enough players to get back what is invested. I think all the good players have been taken by other. Without intl. players there won’t be sponsers => no money.
This is all a marketing trik. Also there are rumors that IPL prefers Ahmedabad and Pune. Thre foremost players in the race are Anil Ambani, Adani Group, The Owner of Manchester City (EPL Club) and Videocon.
It’s really unfair on the part of IPL to change the conditions all of a sudden, seems like they wanna make sure Kochi is never part of IPL, at least for this bid.
Good Luck to Kochivibe Team