BCCI invites bids IPL team

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The BCCI has floated a tender, inviting bidders for a new IPL team following the termination of the Deccan Chargers franchise.

The BCCI will be keen on finalising a new, ninth team before the next edition of the IPL in 2013, as it will, otherwise, result in reduced franchise fees and TV rights payments. Following a ten-team IPL in 2011, the Kochi Tuskers Kerala franchise was terminated last year in September.Leading Indian newspapers on Sunday carried an advertisement from the BCCI which read, “Under this invitation to tender, the winning bidder will be granted the right to own and operate a new team which will compete in the IPL in each year from and including 2013 onwards and will have the opportunity (if applicable and subject to qualification) to compete in each and any CLT20 which is staged from 2013 onwards.” The deadline for submitting the bids is noon on October 25.

The bids have been invited with respect to 12 cities, including Hyderabad where the owners of the Deccan Chargers franchise were based. The others are Ahmedabad, Cuttack, Dharamsala, Indore, Kanpur, Kochi, Nagpur, Noida, Rajkot, Ranchi and Vizag.

News Source: banglanews24.com

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