IPL’s Deccan Chargers team will be sold to NRI businessman Vikas Rambal.

Sources have said that Rambal has offered $250 million to buy 80 per cent stake in Deccan Chargers. He already owns the Warriors team from Australian Domestic Pura Cup.

Consultancy firm KPMG is facilitating the sale of 80 per cent stake in the IPL team.

The sources have also said that the deal is likely to signed in 2-3 days.