Rhiti Sports Enters Race For New IPL Team, 10 Bidders Left In Fray: Sources

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The Indian Premier League will flip right into a 10-team occasion from 2022 season© BCCI/IPL

The bids for the 2 new Indian Premier League (IPL) groups have been opened in Dubai earlier on Monday and sources near the bidding course of have knowledgeable NDTV that Rhiti Sports activities, a sports activities advertising and marketing and administration firm that represented former India captain MS Dhoni, has additionally entered the race to bag the rights for one of many two new franchises.

NDTV has additional learnt that 10 of the 22 bidders at the moment are within the race to purchase the 2 new IPL groups, which is able to enter the league from the upcoming 2022 season, turning the IPL right into a 10-team occasion.

The BCCI had earlier prolonged the final date for events to choose up the bidding papers to October 20.

“Pursuant to requests from varied events, BCCI has now determined to additional lengthen the date for buying the ITT doc until October 20, 2021,” a BCCI launch had stated.

The BCCI is anticipating something between Rs. 7000 crore to 10,000 crore from the group bidding of IPL, in response to a report by information company PTI.

The bidding papers, within the type of the ‘Invitation to Tender’ doc, could possibly be purchased by any occasion for a value of Rs. 10 lakh.

The BCCI had earlier shortlisted six cities — Ahmedabad, Lucknow, Cuttack, Guwahati, Ranchi and Dharamshala — as bases for the 2 new groups.

Growth of the IPL will not be a brand new experiment. Pune Warriors India and Kochi Tuskers Kerala had joined the league in 2010 earlier than each franchises have been terminated.

Throughout Chennai Tremendous Kings and Rajasthan Royals’ suspension from the league, Rising Pune Supergiant and Gujarat Lions joined the league as momentary individuals.

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