Ownership continues to be a hot topic with regard to Hardik Pandya and the IPL 27 season, with various franchises being linked to the all-rounder. Chennai Super Kings, Rajasthan Royals, Kolkata Knight Riders and Delhi Capitals are just some of the other teams thought to be interested in Pandya as a candidate for next season. But the Mumbai Indians have stated that no negotiations are happening for player trades at this stage. The franchise is currently in the process of a complete end-of-season review of the team after an inconsistent IPL 2026. Officials have clarified to the owners that all such decisions and negotiations can happen once the review process is out of the way. Hardik returned to Mumbai Indians before IPL 2024, having played for Gujarat Titans. He also took over as captain, taking over from Rohit Sharma. His return was one of the biggest storylines leading up to IPL 2024, but his performances have been inconsistent over the last three seasons. Mumbai 2024 8th, 2025 Qualified for playoffs, 2026 8th. With the result, the franchise has begun addressing their leadership group, coaching staff, and overall cricket set-up before concluding to make the big decision for the IPL 2027. Also Read | Why is Test Cricket Missing During Peak English Summer? ECB's Schedule Sparks Debate Mumbai Indians Focus on Post-Season Review An official from Mumbai Indians has rubbished the rumours that the franchise is already talking about trade options on Hardik Pandya. The official has said that the management is right now busy checking every aspect of the team before chalking out plans for the next season. A franchise official told Sportstar: "The post-season review has already begun, and we are reviewing all aspects regarding the team. There is no truth in the reports, as we are not in negotiations for player trading; it can only be done once the review is over. Several options and ideas are being considered, and they will take time. No such decision can be taken at this point." The statement clearly indicates that nothing has been decided regarding Pandya's future by the franchise and that there was no point in reporting any ongoing trade talks. Also Read | Should India Pick Bhuvneshwar Kumar for 2027 World Cup? South Africa Record Raises Concern Trade Market Yet to Pick Up Pace Since separating from the Mumbai Indians' talent management wing, speculation about Pandya's future has intensified. However, this has not necessarily been interpreted as a sign the all-rounder is set to walk away from the franchise. Mumbai Indians are keeping all options in mind as their review takes place. The IPL trade market is still in its infancy. Most franchises have carried out similar reflections after the season and will probably start serious negotiations only after finalising their own internal reports and plans for the IPL 2027 season. Hardik Pandya is a Mumbai Indians player for the moment. His fate should become a little clearer once the franchise wraps up its review and the IPL trade window picks up speed.