Shah Rukh Khan’s journey into IPL was widely loved and appreciated when he purchased the cricket team, Kolkata Knight Riders, in 2007. However, he wasn’t the sole owner of the team. The actor had invested in the IPL team with his co-star, Juhi Chawla and her husband, Jai Mehta. The trio’s team had gained a lot of limelight, despite the poor performance. The golden and black jersey, which has now been changed into purple, was the highlight of every IPL season.
Juhi Chawla’s husband, Jay Mehta, talked about the debt and purchasing KKR in the team
In an interview shared on the Institute For Management Development’s YouTube channel, Jay Mehta shared wise advice from his years of business experience. He stated that one should not take a lot of debt. The star husband revealed that once he landed in a huge debt trap, which almost destroyed him. Sharing his thoughts, Jay revealed:
“First of all, don’t take on too much debt because we got into a debt trap and it almost destroyed us. Secondly, you have to build a great team, try and hire the best people and going forward… I think, again curiosity, reading a lot, learning about business practices, things like that. Keeping yourself informed about what’s going on and keeping yourself ahead of the curve. I think those are important things.”
