BCCI ANNOUNCES THE SUCCESSFUL BIDDERS FOR TWO NEW INDIAN PREMIER LEAGUE FRANCHISES
The Governing Council of the IPL had issued an Invitation to Tender (“ITT”) to acquire the right to own and operate 2 (two) new franchises. Pursuant to the tender process, various interested parties submitted their bids for the new franchises. The bids were submitted by the authorised representatives of the interested parties at Dubai today.
BCCI is pleased to announce the following successful bidders (subject to definitive documentation and other formalities being completed):
The new franchises will participate in IPL from 2022 season onwards subject to the bidders completing the post-bid formalities as specified in the ITT document. The IPL 2022 season will comprise ten teams and will have 74 matches, wherein each team will play 7 home and 7 away matches.