BCCI to announce two new IPL teams on October 25

0
BCCI to announce two new IPL teams on October 25

Mumbai: The Board of Control for Cricket in India on Tuesday announced that Indian Premier League (IPL) is going to have two more new teams soon. It will be officially announced on October 25.

IPL 2021 is currently being held in Dubai and eight teams participated in this season. However, from the next season, 10 teams will be seen battling for the IPL trophy.

“The IPL  Media Rights tender for the cycle 2023-2027 will be released immediately after the appointment of two new IPL teams which is scheduled to be announced on October 25 2021,” said BCCI in an official statement.

The BCCI had earlier informed they have decided to extend the date for purchasing the Invitation to Tender (ITT) for the right to own and operate one of two proposed new IPL teams document till October 10 from the initial deadline of October 5.

There are quite a few stakeholders for the new IPL teams. Some of the big business houses such as the Adani group and the RPG Sanjeev Goenka group had shown interest earlier.

“Pursuant to request from interested parties, the BCCI has now decided to extend the date for purchasing the ITT document till October 10, 2021,” Jay Shah said in a statement.

The ITT will be available to interested parties on receipt of payment of the non-refundable tender fee of Rs 10,00,000 plus any applicable Goods and Services Tax. All other terms contained in the Invitation document shall be applicable.
“Interested parties are requested to email at ittipl2021@bcci.tv to get further details for purchasing the ITT,” the statement added.