Chief executive officer
Image Source: IANS
Manchester Utd's Glazer Brothers Among Nine Bidders For RCB: Report
Indian Premier League: Reigning Women's Premier League and Indian Premier League (IPL) champions Royal Challengers Bengaluru (RCB) have reportedly received bids from nine parties, including a USD 1.8 billion offer from the Glazer family, which owns top England Premier League club Manchester United.
Lalit Modi, the former chief of the Indian Premier League, confirmed to IANS on Saturday that the bid from the Glazer family has already reached USD 1.75 billion.
"I assume this is based on the current scenario of 74 games and not 94 games, which I believe will become the norm, as the IPL was originally conceived as a full home-and-away format. Secondly, this will solidify the Board of Control for Cricket in India’s own revenue, especially at a time when the board’s central revenues are under tremendous pressure — firstly due to its share of International Cricket Council revenue, which could realistically decline by 50–60 per cent, and secondly because bilateral rights revenue may also fall by at least 50 per cent.
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- 06 Feb 2021 04:31
