BCCI announces the operation of the IPL team from the 2022 season. The Governing Council of the IPL invites offers to secure. The proper to claim and work one of the two new teams proposed. Also, to be introduced to require part within the Indian Premier League from the 2022 season.
The Board of Control for Cricket in India on Tuesday reported. The discharge of delicate to possess and work. Also, for the Indian Premier League group from the 2022 season. Interested parties have time till October 5 to purchase the “Invitation to delicate” for Rs 10 lakh.
Board of Control for Cricket in India
The BCCI stands to earn at least Rs 5000 crore. Also, with the addition of two new franchises from IPL 2022. If the bids go as per plan with plenty of large businesses. Also, the combination showing active interest in bidding.
The Council of the IPL invites bids. Also, to acquire the right to own and operate 1 of the 2 new teams proposed. It is to be introduced to take part in the IPL from the IPL 2022 season. Moreover, through a dedication process in the next season of the Indian Premier League.
“Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid,” the Indian cricket board said in a statement.
Indian Premier League
It is learned that only companies with an annual fee. Also, a turnover of 3000 crores will be permitted to offer for the groups. Among the settings where the groups might be based incorporate Ahmedabad, Lucknow, and Pune.
A few of the names belong to the rounds of IPL. Including the Adani group, RPG Sanjeev Goenka group noted pharma company Torrent, and a prominent banker. They have shown active interest in buying teams.