E-bidding for new IPL teams planned on October 17 | Cricket News – Times of India

MUMBAI: The BCCI is planning to have an e-bidding for the 2 new IPL teams on October 17 and the bids to purchase the edges could be made until October 5.
“The Board is planning to have the bidding on 17th October and it will be an e-bidding,” sources within the know of issues informed PTI on Tuesday.
The BCCI had on August 31 invited bids to personal an IPL franchise with “Invitation to Tender” accessible for buy until October 5.
“The Governing Council of the IPL invitations bids to accumulate the best to personal and function 1 (one) of the two (two) new teams proposed to be launched to participate within the Indian Premier League from the IPL 2022 season, via a young course of,” the BCCI had stated in an announcement.
(*17*)However, solely these satisfying the eligibility standards set out within the ITT and topic to the opposite phrases and situations set out therein, shall be eligible to bid. It is clarified that merely buying this ITT doesn’t entitle any particular person to bid,” the cricket body had said.
Among the venues where the teams could be based include Ahmedabad, Lucknow and Pune.
The Narendra Modi Stadium in Ahmedabad and Ekana Stadium in Lucknow, with bigger capacities, could be the choice for the franchises.
Some of the business houses doing the rounds include the Adani group, RPG Sanjeev Goenka group, noted pharma company Torrent and a prominent banker who has shown active interest in buying teams.

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