[2] The owners put the franchise up for sale in 2012 due to constant banning of team players in previous seasons but declined the sole bid.

[5] In July 2020, a Bombay High Court-appointed arbitration tribunal ruled that the termination of Deccan Chargers by BCCI was illegal.

The idea of starting a cricket team under the banner of Deccan Chronicle was first discussed on 11 November 2008 at a meeting with BCCI officials by K. K. Tiwari, Editor-in-chief of the newspaper and its owner T.Venkat Ram Reddy.

[9] However the auction for the franchise on 13 September 2012 ended with no results as the team's owners rejecting the sole bid they received from PVP Ventures.

[12] The franchise initially acquired star players Adam Gilchrist, Andrew Symonds, Shahid Afridi, Scott Styris and Herschelle Gibbs.

In this 14 match period, the team went on a losing streak at home and only managed 2 wins overall, one against the Mumbai Indians and one against the Chennai Super Kings and as a result they finished at the bottom of the table.

Among the other members of the support staff, their physio Sean Slattery and performance analyst Unni Krishnan were retained and were part of the team to win the IPL second edition in 2009 which was held in South Africa.

In low key trading of players, the Deccan Chargers management had placed Shahid Afridi and Herschelle Gibbs up for sale, a direct result of their below par performance during the 2008 season.

Before the second player auction took place the management signed Queensland all-rounder Ryan Harris owing to a strong recommendation from coach Darren Lehmann.

In the resulting auction the Deccan Chargers franchise acquired two West Indian players, Fidel Edwards for a fee of $150,000, and Dwayne Smith for $100,000.

But the return of Andrew Symonds, Rohit Sharma regaining form and the continuing exuberance of captain Adam Gilchrist bolstered the side.

But against the odds, Gilchrist scored a sensational 85 off just 35 balls to put the Daredevils out of the competition and give the Chargers their first IPL final against the Royal Challengers Bangalore.

The Chargers came out with all guns blazing right from the first ball, and this spirited effort ensured that they successfully defended the total, winning the game by 6 runs and lifting the prized IPL trophy.

Chargers got to play IPL matches at Hyderabad after almost 3 years, but dismal performance at their home ground continued with a win against RCB being the only exception.

However, in the away matches, Chargers did manage to beat Delhi Daredevils, Mumbai Indians, Knight Riders, Pune Warriors and Kings XI Punjab.

During player auctions, Chargers had tried to bid Ravindra Jadeja for entire $2m but eventually lost to the Super Kings in tie breaker.

Michael Lumb, Jaydev Shah, Ishan Malhotra The Chargers failed to deliver on a consistent basis in 2012 with narrow and consecutive defeats.

Team weakness was the bowling and fielding department, with fast bowler Ishant Sharma being ruled out due to injury and spinner Pragyan Ojha traded to Mumbai Indians.

The Twenty20 Champions League was an international Twenty20 cricket competition between clubs from India, Australia, England, South Africa, Sri Lanka, New Zealand and West Indies.