The BCCI intends to hold a bidding session for the two new Indian Premier League franchises on October 17. With this, there will be a total of 10 teams in the IPL.
It is known that in IPL 2022, two teams are going to be added to the IPL. Earlier, the IPL Governing Council had announced tenders for the two teams, with offers accepted till October 5.
Now, based on sources, the BCCI is planning to hold an auction for the two teams. The ICC T20 World Cup is also starting on October 17, so the bidding will happen in Dubai or Mascot.
Ahmedabad, Lucknow, and Pune are among the possible venues for the teams.
The franchisees may choose between the Narendra Modi Stadium in Ahmedabad and the Ekana Stadium in Lucknow, both of which have larger capacities.
Based on sources, the Adani group, RPG Sanjeev Goenka group, Torrent, a well-known pharmaceutical firm, and a major banker have all expressed an interest in purchasing teams.