After suffering losses for 5 matches in the IPL 2018, Delhi Daredevils skipper Gautam Gambhir gives up captaincy. DD management respected Gambhir’s decision and have named Shreyas Iyer as the new skipper for the remaining matches.

Gautam Gambhir addressed the press a few minutes ago addressed the press with Ricky Pointing and the new captain Shreyas Iyer. He said, "As a leader of the ship, I take complete responsibility for where we are at the points table and seeing the points table and the performance, I have decided to step down and I have announced Shreyas Iyer as the next captain and that the way forward for the team. We feel he is the right guy to take the team forward. We need to win  7 out of 8 games which is absolutely possible. there have been teams who have done that in the past."

He took to Twitter to clarify that the team management has nothing to do with the decision. he wrote, "True, that I’ve stepped down from DD captaincy. Just to clarify it was my call, nothing from the management or coaching staff. I may not be leading from the front but I will be the last man standing for . No individual bigger than d team. Very much a

Ricky Ponting lauded Gautam Gambhir for putting the team interest ahead. "It is tough for anyone and it takes a lot of character to put up your hand and take the onus. I congratulate him for the decision."

Shreyas Iyer thanked the team management for appointing him as the skipper. He said, "I want to thank the management & my coaches for appointing me as the captain of the team. It is a great honour for me."

As of now, the team is grappling at the bottom of the IPL 2018 Points Table and the management still believes that there could be a turnaround and DD can still win matches. Delhi Daredevils will be facing the Kolkata Knight Riders on Friday in their home ground.

(The above story first appeared on LatestLY on Apr 25, 2018 04:09 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).