On Monday, BCCI announced the two successful bidders to acquire a team in IPL 2022- RPSG Ventures Ltd. – Lucknow (for INR 7,090 crores) and Irelia Company Pte Ltd (CVC Capital Partners) – Ahmedabad (for INR 5,625 crores).
All the money goes back to the Indian cricket: Sourav Ganguly
This deal means a huge reward for not only the Indian board but also for the development of Indian cricket at the grass-root level as well.
The BCCI president said this money will be used to prosper Indian cricket, and they were not surprised because of the brand of IPL sparks in the globe.
“We were not surprised actually, this (IPL) is a big brand and we are extremely happy that Indian cricket is moving growing forward. That is what is important for us. Congratulations to Sanjeev (Goenka) and CVC for being number one and number two but we look at Indian cricket and that’s what our job is. The more Indian cricket prospers, the better it is,” Ganguly said in a virtual press conference.
“All the money goes back to the Indian cricket. That’s what we are here for, we want Indian cricket to go forward and it has gone long way forward in the few years. This is the 14th season of IPL and the brand has grown and I think it is a great sign for us,” the BCCI President added.
Goenka group were highest bidders for both Ahmedabad and Lucknow: Sourav Ganguly
“CVC group quoted 5,625 crores for Ahemadabad and 5,116 crores for Lucknow. RP Goenka ventures quoted 7,090 crores for Ahemadabad, For Indore 4,790 and for Lucknow 7,090 crores,” Ganguly said.