The Videocon group, which was unsuccessful to own Pune IPL team in the recent auction, is expecting to buy a team next year in the Indian Premier League season four.

Videocon Group Chairman, Mr. Venugopal Dhoot has said that, the company is very much keen in buying an IPL team to reach out its customers. It may renew its bid to purchase the team in the subsequent year.

Mr. Dhoot was present at the launching of the Videocon mobile service in Gujurat. He has strongly denied of any kind of pressure either from Gujarat Chief Minister Narendra Modi or the IPL Commissioner Lalit Modi. He informed to the reporters that, as his company was bidding for Pune IPL team, Mr. Narendra Modi or Mr. Lalit Modi has nothing to do with that.

He has also said that the company entered the IPL bidding arena on its own because Videocon has become a part of the entertainment field in the country. It produces television sets and other electronic items which it wants relate with cricket and entertainment.