MS Dhoni © Getty Images
It was reported earlier that MS Dhoni has a 15 per cent stake in Rhiti Sports © Getty Images

 

Feb 10, 2014

 

Justice Mukul Mudgal said on Monday that India captain Mahendra Singh Dhoni has no stake in the sports management company Rhiti Sports.

 

“MS Dhoni said he has no stake in Rhiti Sports,” told Justice Mudgal to CNN IBN in an interview.

 

The Indian captain courted controversy recently following reports that he held 15 per cent stake in Rhiti Sports Management, which manages cricketers Suresh Raina, Ravindra Jadeja and Pragyan Ojha, besides the Indian captain.

 

The company claimed that Dhoni held the shares for a brief while, and those were transferred back to the company in April this year after the payments to the India captain were cleared.

 

“As on date, Dhoni has no shares in Rhiti Sports Management. However, some shares were allotted to Dhoni on March 22, only to secure certain old outstandings that were due for more than a year,” Arun Pandey, chairman and managing director of Rhiti Sports, has said in a statement.

 

(With inputs from IANS)