Today is a big day in the history of the Indian Premier League (IPL). Bids have been submitted for two new IPL teams in Dubai. The Adani Group is said to be the front runner in the bid among business groups across the world.
In such a situation, everyone's eyes are on what those new teams will be. After doing the technical evaluation of the bids, the BCCI will announce the new franchise.
Two teams will be named after any two cities of the country. 6 cities are in the race for this. Although teams like Ahmedabad and Lucknow are said to be at the forefront of this race. This is because Ahmedabad has the largest cricket stadium in the world. At the same time, through Lucknow, the BCCI wants to take the IPL to the most populous state.
A total of 22 business houses have shown interest to buy the two teams. All of them have bought the bidding documents. The bidders include Adani Group, the Glazer family, owners of English football club Manchester United, Torrent Pharma, Aurobindo Pharma, RP-Sanjeev Goenka Group, Hindustan Times Media Group, former minister Naveen Jindal's Jindal Steel, Ronnie Screwvala and three private equity partners.
An investor can bid for more than one city. However, he\she will get ownership of only one city. With the decision of the winners of the bid, the names of both the cities will also be announced today.
After the inclusion of these teams, the number of teams in the IPL will increase to ten from the next season. The number of matches in IPL will also increase from 60 to 74. Talking in terms of players, with the increase of two teams, at least 45 to 50 new players will get a chance to play in the IPL. Among them, there will be 30 to 35 young Indian players.
