Abhishek Bachchan Will Launch Sports Venture Firm

Having ownership stakes in both the Pro Kabaddi League and the Indian Super League, Abhishek Bachchan is clearly taking the investment into Indian sports very seriously. He announced that he is planning to set up a company to handle all his sports business ventures. It is expected to be set up by the time the following PKL tournament starts up.

“Chennai is a great city with people excited about sports," said Bachchan. "I wanted to invest in football and when the opportunity came along, I was glad to be part of the league. Getting Mahi on board made perfect sense, given how popular he is with the people of Chennai, thanks to his stint with the Chennai Super Kings in the Indian Premier League."

"In the case of the PKL, I factored a waiting period of at least three years to a maximum of five years before I could break even. Given the way the league and the game clicked with the audiences and the performance of the team, I am now looking at reaching break-even point as early as the March 2015 season of the PKL and maybe even pull in some profits in the one after that," he explained

Does this mean Abhishek Bachchan is saying bye to the Bollywood world, one in which he and his father, Amitabh, are so closely connected to?

“I am and will always be an actor first," Bachchan said. "But sports is a passion and I am glad to be involved in it. Luckily, I have so far been able to handle both and hope to continue doing so."