CSK, SRH Swap Four Stars: Livingstone Heads to Chennai in Major Trade
Chennai Super Kings and Sunrisers Hyderabad swap four players, including Liam Livingstone and Khaleel Ahmed, to reshape squads for IPL 2027.

In a massive shake-up ahead of the IPL 2027 season, the Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH) have finalized a four-player trade. The deal sees England's explosive all-rounder Liam Livingstone and Australian seam-bowling all-rounder Jack Edwards moving to the Chennai camp, while Sunrisers Hyderabad secure the services of left-arm pacer Khaleel Ahmed and Australian speedster Nathan Ellis.
The Financials: Livingstone's Price Cut
One of the most striking aspects of this trade is the revised valuation of Liam Livingstone. Having been acquired by SRH for Rs 13 crore prior to the IPL 2026 season, the English star will now join CSK at a significantly reduced fee of Rs 6 crore.
Meanwhile, Jack Edwards makes the move to Chennai at his existing contract value of Rs 3 crore. On the other side of the deal, SRH has brought in Khaleel Ahmed and Nathan Ellis at their current fees of Rs 4.8 crore and Rs 2 crore, respectively.
Strategic Shifts for Both Franchises
The trade reflects the differing needs of the two teams as they prepare for the next campaign. CSK is aggressively pursuing more all-round options to balance their squad, while SRH is focusing on bolstering its pace-bowling department.
Returning Faces and Injury Comebacks
For Khaleel Ahmed, this move marks a homecoming. The left-arm pacer previously played for SRH between 2018 and 2021. His recent stint with CSK was a mixed bag; while he claimed 15 wickets in 14 matches during IPL 2025, his 2026 season was cut short by a right quadriceps injury after just five appearances.
Jack Edwards also looks for a fresh start in Chennai. After being signed by SRH before his Australian international debut, Edwards was unable to feature in the IPL 2026 season due to a debilitating foot injury.
Joining them at SRH is Nathan Ellis, a bowler renowned for his deadly variations and precision during the death overs, providing the Hyderabad franchise with a potent weapon in the final stages of an innings.
Contrasting Fortunes and a New Era at CSK
The trade follows two very different trajectories for the teams in IPL 2026. Sunrisers Hyderabad had a strong run, finishing third in the league stage with nine wins and five losses (18 points), though they were eventually knocked out in the Eliminator by the Rajasthan Royals.
Conversely, the five-time champions Chennai Super Kings struggled significantly, ending the 2026 season in eighth place with 12 points and failing to qualify for the playoffs.
A Coaching Revolution in Chennai
Beyond the player trades, CSK is undergoing a total overhaul of its leadership. In a landmark move, former India pacer Zaheer Khan has been appointed as the head coach, replacing the long-serving Stephen Fleming.
The new coaching staff includes:
- Bowling Coach: Mohit Sharma
- Assistant Coaches: Albie Morkel, Gareth Batty, and Sridharan Sriram
- Fielding Coach: James Foster (Retained)