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HomeSports NewsBCCI Extends Deadline For Purchasing Tender Document For New IPL Teams

BCCI Extends Deadline For Purchasing Tender Document For New IPL Teams


The brand new groups are anticipated to be unveiled on October 25 in Dubai.© Twitter

The BCCI on Wednesday prolonged the deadline for buying the tender doc for the brand new Indian Premier League (IPL) groups by one other 10 days until October 20 and dependable sources stated that the 2 new franchisees wouldn’t value lower than Rs 3500 crore every. The Governing Council of the IPL had issued the ‘Invitation to Tender’ (ITT) doc on cost of the non-refundable tender price of Rs 10 lakh on August 31. It had earlier prolonged the date until October 10. “Pursuant to requests from varied events, BCCI has now determined to additional prolong the date for buying the ITT doc until October 20, 2021,” a BCCI launch stated.

The BCCI plans so as to add two groups for the 2022 version and it’s anticipated that they may very well be primarily based in Ahmedabad, Lucknow or Pune.

It has been learnt that main enterprise homes similar to Kotak Group, Aurobindo Pharma, Torrent Pharma, RP-Sanjiv Goenka Group, Birla Group and Adani Group are fascinated with becoming a member of the IPL bandwagon, which is an eight-team affair as of now.

The BCCI is hoping to earn a minimal Rs 7000 crore although the bottom worth for every crew has been set at Rs 2000 crore.

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The Indian cricket board is permitting three-party consortiums to current the bids.

The brand new groups are anticipated to be unveiled on October 25 in Dubai, a day after India’s clash against arch-rivals Pakistan within the T20 World Cup.

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