Ahmedabad and Lucknow are front-runners to have a new IPL franchise according to the source’s version. Adani Group is reportedly going to bid for a franchise from Ahmedabad while the Manchester United owners are the second party to bid in the cash-rich IPL.
The bidding process for two new IPL franchises is likely to take place on October 25. A BCCI release had said, “Pursuant to requests from various interested parties, BCCI has now decided to further extend the date for purchasing the ITT document till October 20, 2021,” a BCCI release had said.
The interested parties who have picked up bidding papers are:
Sanjeev Kumar – RPSG.
Glazer Family – Manchester United Owners.
Naveen Jindal – Jindal Power & Steel.
Singapore Based PE Firm.
Hindustan Times Media.
Six cities were earlier shortlisted by the board which are Ahmedabad, Lucknow, Cuttack, Guwahati, Ranchi and Dharamshala — as bases for the two new teams.