The Indian Cricket Management Board (BCCI) will complete two new Indian Premier League (IPL) franchises on Monday and will participate in competitions from next season onwards.in the meantime The RP-Sanjiv Goenka Group has acquired the Lucknow IPL team for Rs 7090. Private equity firm CVC has won the bid for Ahmedabad. CVC Capital has paid about 5200 rupees to the Ahmedabad franchise.
Previously, Closed Bid was submitted in front of the Secretary-General of the Dubai Board of Directors. We have found that Adani Group, RP-Sanjiv Goenka Group, Hindustan Times Media, Glazer Family and Aurobindo have submitted the highest bids for the new franchise.
As a record, Goenka owns the Pune Franchise Rising Pune Super Giants (RPS) for two years and is also the owner of the ISL Franchise ATK Mohun Bagan.
Other notable companies in conflict are the Kotak Group, the pharmaceutical giant Aurovind Pharma, and the Trent Group.
Two cities considered favorite in terms of stadium capacity were the Narendra Modi Stadium in Motera, Ahmedabad, which has a capacity of over 100,000. The other was the Ekana Stadium with a capacity of 70,000 in Lucknow.
Other cities that participated in the hunt were Indore, Guwahati, Kathak, Dharamsala and Pune.
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RP-Sanjiv Goenka Group and CVC Capital form two new IPL teams.Lucknow and Ahmedabad host cities
Source link RP-Sanjiv Goenka Group and CVC Capital form two new IPL teams.Lucknow and Ahmedabad host cities