BCCI Extends Deadline For Purchasing Tender Document For New IPL Teams

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New Delhi: The BCCI on Wednesday extended the deadline for purchasing the tender document for the new Indian Premier League (IPL) teams by another 10 days till October 20 and reliable sources said that the two new franchisees would not cost less than Rs 3500 crore each.Also Read – LIVE IPL 2021 DC vs KKR Live Cricket Score, IPL Live Match Qualifier 2 Latest Updates: Shikhar Dhawan, Prithvi Shaw Lead Delhi Capitals’ Cautious Start vs Kolkata Knight Riders in Sharjah; Stoinis Returns For DC

The Governing Council of the IPL had issued the ‘Invitation to Tender’ (ITT) document on payment of the non-refundable tender fee of Rs 10 lakh on August 31. It had earlier extended the date till October 10. Also Read – IPL 2021 DC vs KKR Head to Head, Fantasy Tips, Weather Forecast: Delhi Capitals vs Kolkata Knight Riders- Probable Playing 11s, Prediction, Pitch Report For Qualifier 2 at Sharjah Cricket Stadium

“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 said. Also Read – DC vs KKR Dream11 Team Prediction, Fantasy Hints VIVO IPL 2021 Qualifier 2: Captain, Vice-Captain – Delhi Capitals vs Kolkata Knight Riders, Playing 11s, Team News For Today’s T20 Match at Sharjah Cricket Stadium 7.30 PM IST October 13 Wednesday

The BCCI plans to add two teams for the 2022 edition and it is expected that they could be based in Ahmedabad, Lucknow or Pune.

It has been learnt that major business houses such as Kotak Group, Aurobindo Pharma, Torrent Pharma, RP-Sanjiv Goenka Group, Birla Group and Adani Group are interested in joining the IPL bandwagon, which is an eight-team affair as of now.

The BCCI is hoping to earn a minimum Rs 7000 crore though the base price for each team has been set at Rs 2000 crore.

The Indian cricket board is allowing three-party consortiums to present the bids.

The new teams are expected to be unveiled on October 25 in Dubai, a day after India’s clash against arch-rivals Pakistan in the T20 World Cup.

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