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ipl: The IPL franchise attracts foreign investors.Manchester United owners choose bid documents

The Indian Premier League () is drawing the attention of foreign investors as it is ready to add two new franchises next season.

The Glazer family, which owns many sports facilities, including Manchester United, one of the world’s most famous football clubs, has shown interest in owning an IPL team and has obtained bidding documents.

The Glazer family, also owned by the renowned American football club Tampa Bay Buccaneers playing in the National Football League (NFL), has received an Invitation to Tender (ITT) document from the Cricket Management Board (BCCI) of India. According to a Times of India report, he bought one of the two teams for the next season of the Cash Rich League.

Obtaining the OTT documentation does not guarantee that the US-based Glazer family will formally bid on the franchise, but if you plan to do so, you will need to set up a company in India. The ITT document clarifies that a foreign company must set up a company in India in order for a successful bid.

The bid documents were obtained by Adani Group, Trent Pharma, Orobind Pharma, RP-Sanjib Goenka Group, Hindustan Times Media, Jindal Steel (led by Navin Jindal), entrepreneur Ronnie Screwbara, and three private equity funds. I’m a player. ..

BCCI recently issued a stakeholder bid request for plans to add two news franchises ahead of next year’s player mega-auction.

ipl: The IPL franchise attracts foreign investors.Manchester United owners choose bid documents

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