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Reports Disclose Ahmedabad Franchise Not Getting a Letter Of Intent By The BCCI Yet
The Board of Control for Cricket in India (BCCI) has still not given the Letter of Intent to American company Irelia Co Pvt Ltd (CVC Capital Partners), who were awarded the franchise rights of the newly inducted Ahmedabad team for the next season of the Indian Premier League.
IPL will be a ten-team affair from the 2022 season with the introduction of two new teams based at Ahmedabad and Lucknow. RPSG, made the winning bid of Rs 7,090 crore to acquire the Lucknow franchise while CVC Capital Partners was awarded the Ahmedabad franchise for a bid of Rs. 5,625 crore.
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- 06 Feb 2021 04:31