IMG to Open Sports School in India (New York Times)
IMG is licensing its name and providing expertise, coaching and staff members for 10 years to IMG Academies Bharata, a sports instruction and resort complex in Hyderabad. IMG Academies includes the Nick Bollettieri Tennis Academy and the David Leadbetter Golf Academy.
The chairman of IMG Academies Bharata is Andrew Krieger a hedge fund manager who is an Indophile.
Without a fundamental change in the mindset towards professional sports, such academies won't be of much use.
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