Mumbai: Even when BCCI has decided to encourage the submission date of the final offer to have two new franchises in the Indian Premier League (IPL) from 17 to 25, competition between prospective investors to have this franchise has narrowed.
Every day passed.
Disclusing the delivery date related to BCCI replied to several questions they received from prospective bidders and industrial holders who might also involve cleaning certain legalities.
First, a little about who bid now.
After weeks of speculation whether the Adani Group will come to the table, it can be said by a certain level of guarantee that the company will address the effect.
“The torrent group in Ahmedabad also wants to bid, but through strength and not pharma.
The Goenka group RPG-Sanjeev will be a certain bidder.
Another company that is very interested in the offer is Aurobindo Pharma.
But they are still working on some feasibility clauses which are part of the BCCI query Being searched, “Those who know the development to Tithis Week.
Aditya Birla companies and financial services companies have shown interest but may not cross certain expenditure thresholds.
Given that IPL becomes a flower-free business in India – considering the bidders who won the BCCI number of franchises in the same 10 parts for 10 years – many private equity players and investment funds must be demanded.
However, that hasn’t happened yet.
The reason for this is located in the bidding document clause.
BCCI has requested that the average turnover of the company’s offer for franchises must be at least Rs 3,000 CR or the average net value of each bidder at least Rs 2,500 Crore.
“Which is fine, but the problem is, BCCI also says there must be a consortium of three bidders, the average of each bidder is worth the RS 2,500 Crore according to the last three audited accounts.
That’s where the problem arises,” said the source.
Cricket boards have done this, said, to avoid controversy as in the past when the consortium bid franchise but bent from the IPL quickly.
However, potential midwives have written to BCCI seek clarification at the front of this.
Outside Ahmedabad, Lucknow is the place where the second franchise is most likely based on industrial executives, “the Heartland Priverbial India has obtained its own IPL team”.
“If 100 people watch TV in India, almost 75% watch it in Hindi and almost 22% of the 75% are Uttar Pradesh only.
Now, if India accounts for more than 70% of the global TV view, Uttar Pradesh can be seen as among fanbases The most dense for cricket anywhere in the world, “said the tracking number.
With the sale of new media rights to emerge later this year, and a collection of IPL’s central income is expected to fall up to 80%, the industry sets the value of every franchise at Rs 4,000 Crore.
“Two franchises are put together can bring BCCI income more than a billion dollars,” said people who knew.
Clarification of the IPL bid document made the submission of BCCI delays
