Ricky Ponting: Shreyas Iyer is Ready to Take on the Captaincy Role

Iyer's Rs 26.75-crore bid made him the most expensive IPL player in history at least until his India teammate Rishabh Pant breached that with a staggering Rs 27-crore deal with Lucknow Super Giants.

Punjab Kings head coach Ricky Ponting on Sunday rated Shreyaas Iyer, whom they have bought for Rs 26.75 crore in the mega auction, as the ideal choice to lead the team in IPL 2025 as the Indian batter has the experience of guiding Kolkata Knight Riders to tile earlier this year.

Iyer's Rs 26.75-crore bid made him the most expensive IPL player in history at least until his India teammate Rishabh Pant breached that with a staggering Rs 27-crore deal with Lucknow Super Giants.

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 "I've worked with him in the past in Delhi (Capitals); he's been a successful captain in the IPL before," said Ponting in a mid-auction press meet.

"Clearly, he's a championship-winning captain from last season. We have someone there who can get the job done if that's how we want to do it," he said.

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Another player to shine, adding to his reputation - is World Cup-winning Australian skipper who has praised Iyer's stellar unbeaten 130 for Mumbai in the Syed Mushtaq Ali Trophy on Saturday.

"I am happy to have him back and play with him. He also got a good 57-ball 130 not out in the Syed Mushtaq Ali Trophy yesterday. If he can do that for us in the IPL, I think we all will be happy," added Ponting.

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Having bought the Indian trio of Iyer, left-arm quick Arshdeep Singh and veteran leg-spinner Yuzvendra Chahal from the auction room, Ponting said they have "hit their targets".

"The thing with the auction is that you just have to be flexible and move with the way the auction goes. We had some targets coming in and hit those three targets so far."

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Pant slightly over budget: Goenka

Delhi used RTM card for the flamboyant keeper Pant at Rs 20.75, but LSG owner Sanjiv Goenka signed "seven crore" to seal the bid at Rs 27 crore.

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Goenka however said they "slightly" overpaid for Pant.

"This was part of our plan, he was on our list. We had kept about Rs 26-crore for him. So, 27 was slightly up but we're happy to have him.

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"He's an outstanding player, a team-man, a match-winner. All our fans should be very, very happy to have him as a member of LSG."

Asked how they arrived at the magic figure, Goenka's son Saswat said, "Like Ricky was saying, what happens at the auction table happens at the auction table, no matter how much you planned for it. Things don't work that way.".

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"It wasn't really a magic number; it was just what we felt at that moment would have been the right number for us to ensure that the RTM doesn't get exercised," he added.

Read also| IPL 2025 Auction: Pant, Rahul, Iyer Set to Raise the Stakes on Opening Day in Jeddah

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Read also| IPL Mega Auction: Record Bids for Rishabh Pant and Shreyas Iyer, Venkatesh Iyer Strikes Big

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