The homeowners of Manchester United Football Club have proven curiosity in shopping for an IPL franchise. Manchester United is likely one of the world’s hottest soccer golf equipment in England. The Glazer household that owns and runs the membership has proven curiosity in shopping for an IPL franchise.

Two extra groups are going to be a part of IPL 2022. BCCI has finalized a plan so as to add two extra groups to the Indian Premier League from subsequent yr and the match can be a 10-team occasion. BCCI has began the procedures of finalizing the 2 new franchises. As a outcome, a mega public sale may also happen subsequent yr forward of subsequent yr’s match.

IPL Trophy (Image Credit: Twitter)

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Manchester United Owners Show Interest In Two New IPL Franchises

The Manchester United homeowners have reportedly picked up the Invitation To Tender (ITT) floated by the BCCI. The membership homeowners are additionally monitoring the developments within the matter. BCCI floated the ITT for the brand new franchise not too long ago. The IIT asks for closed bids which should be submitted by the final week of October.

The bidders are anticipated to submit a median turnover of Rs. 3000 crore or a internet value of Rs. 2500 crore. Only the bidders with these standards can be eligible to bid. However, after some potential bidders urged BCCI to decrease the worth in eligibility standards, BCCI has reworked on the typical turnover clause.

BCCI, Sourav Ganguly, Jay Shah, Arun Dhumal
BCCI officers. (Photo: Twitter)

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BCCI has additionally allowed overseas entities to purchase the ITT and submit the bid. However, there’s a situation that in the event that they win the bid, they must arrange an organization in India. October 20 was the deadline to select up the tender paperwork from BCCI which have been accessible at a worth of Rs. 10 lakh.

Some teams which have picked up the ITT from BCCI are Adani Group, Torrent Pharma, Aurobindo Pharma, RP-Sanjiv Goenka Group, Hindustan Times Media, Jindal Steel, and entrepreneur Ronnie Screwvala.

Narendra Modi Stadium, Ahmedabad
Narendra Modi Stadium, Ahmedabad (Image Credit: BCCI)

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The topmost cities that can favorite for the buyers for the brand new franchise are Ahmedabad, Lucknow, Guwahati, Cuttack, Indore, and Dharamsala. Ahmedabad can be a high precedence because of the newly constructed Narendra Modi Cricket Stadium that has a capability of greater than 1 lakh spectators.

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