IPL 2022: Lucknow, Ahmedabad are the two new favorites: Sources

IPL 2022

IPL 2022

The cities of Ahmedabad and Lucknow are the two new front-runners who are going to have their new IPL teams to represent them, says the sources who are close to the bidding processes. Furthermore, the two new IPL teams are likely to be announced on the 25th of October. Hence the IPL 2022 is going to be a 10 team tournament. The Indian multinational conglomerate “Adani Group”, is going to be tipped to bid for a franchise, from Ahmedabad while on the other hand the Glazer Family, who is the owner of the Premier League giants Manchester United, are amongst the ones who have also picked up the biding papers a top BCCI official said.

This bidding process is further going to take place on the 25th of October along with the two height bidders who are all set to take up the franchise rights, and with that, the two new teams are likely going to be announced. The BCCI had extended the last date for the interested parties to pick up the bidding papers, on 20th October. "Pursuant to requests from various interested parties, BCCI has now decided to further extend the date for purchasing the ITT document till October 20, 2021," a BCCI release had said.

The interested parties who have picked up the bidding papers are, Sanjeev Kumar - RPSG. Glazer Family - Manchester United Owners. Adani Group. Naveen Jindal - Jindal Power & Steel. Torrent Pharma. Ronnie Screwvala. Aurobindo Pharma. Kotak Group. CVC Partners. Singapore Based PE Firm. Hindustan Times Media. Broadcast & Sports Consulting Agencies ITW, Group M. Even the reports confirm that The BCCI is expecting anything between Rs. 7000 crore to 10,000 crores from the team bidding of IPL.

The bidding papers are presented in the form of the “Invitation to Tender”, and can be bought by any interested party at the cost of 10 Lakhs. The cricket council had earlier shortlisted six teams, which were: Ahmedabad, Lucknow, Cuttack, Guwahati, Ranchi, and Dharamshala, for the addition of the two new teams. The addition of new IPL teams is not a new experiment, in 2010 the two new teams which were Pune Warriors India and Kochi Tuskers Kerala were added to the league.   

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