The Board of Management for Cricket in India (BCCI) will attain out to giant corporates, together with the Tatas, Adanis and the Sanjiv Goenka group, to gauge their curiosity in taking possession of recent groups being thought of for the Indian Premier League’s (IPL) subsequent version, in 2021.
A prime BCCI official advised BusinessLine that a choice on whether or not to have new groups or not shall be taken subsequent week. Now, there are eight IPL groups. The plan is so as to add one or two extra, the official stated.
“A ultimate choice is but to be taken because it additionally includes broadcasters and current groups. There shall be extra matches if new groups are introduced in and we might should go for contemporary auctions in order that the brand new groups have a chance to accumulate gamers,” the official added. The BCCI will float a young searching for bids from entities that wish to personal a brand new staff. Film stars from Bollywood and South India may be roped in to take fairness stakes much like a few of the current IPL groups.
The Tata, Adani and Sanjiv Goenka teams didn’t reply to e-mail queries from BusinessLine. Goenka had earlier owned Rising Pune Supergiant, which performed its final IPL match in 2017.
However a few of the current franchisees aren’t in favour of opening up the sphere to a brand new staff as they worry shedding their key gamers within the occasion of a contemporary public sale.
“It will probably erode the worth of a profitable franchisee if a few of their prime gamers are purchased out by one other staff throughout the public sale,” stated the proprietor of an current franchisee.