Sports

Manchester United owners are interested in buying a new IPL team: Report

The Indian Premier League (IPL) is one of the most popular sports leagues in the world, and its popularity attracts owners of Manchester United football club Glazerfamaiy. The US-based Glazers are reportedly interested in buying one of two new IPL teams.

Two new teams will join the Cash Rich League after the same auction in Dubai on October 25, the day after the long-awaited India-Pakistan match.

According to the report by Indian eraThe Glazer family has picked up a bid guide (ITT) document from the Cricket Management Board (BCCI) of India. However, you must set up a company in India according to the bidding rules. This allows a foreign company to formally bid on an IPL team and own that team.

“Many people usually choose these bidding documents to research and collect information that tends to be very useful in other ways from a larger industry perspective. For example, when you buy a bidding document, BCCI next: You can find out more about what you are planning for. For example, if Disney buys a bid document to buy a franchise, that does not mean that Disney is interested in owning the franchise. We will investigate the documentation as we need to plan the status of media rights. “Sources who know the development told the TOI.

One source told ANI that the interest of Manchester United owners was one of the reasons BCCI extended the bid date to October 10 for another five days.

With two new teams set to play in the league, many star players are set to participate in the auction four years later, so a mega action will take place before IPL2022.

Manchester United owners are interested in buying a new IPL team: Report

Source link Manchester United owners are interested in buying a new IPL team: Report

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