IPL Trophy
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Irelia company pte limited cvc capital, IPL

Ex-Australian spinner SHane Warne said looking at the amount spent on two Indian Premier League (IPL) teams should make you realize why cricket has become the second most popular sport in the world. Shane Warne said the sale of two new Indian Premier League teams is just a testament to the growing popularity of cricket around the world. Shane Warne also celebrated BCCI after a windfall on Monday.

Irelia company pte ltd

BCCI announced the following winning bidders for two new teams on Monday (approval documents and other procedures to be completed): RPSG Ventures Ltd. – Lucknow (INR 7,090 crore) and Irelia Company Pte Ltd (CVC Capital Partners) – Ahmedabad (INR 5,625 million).

The new franchise will participate in the IPL from 2022, and bidders must complete the post-bid process as specified in the ITT documentation. The IPL 2022 season consists of 10 teams and has 74 matches. Here each team plays 7 home matches and 7 away matches. Shane Warne had a good time after the two new teams in the IPL ended up paying a hefty price.

“Wow! Congrats to the two new franchise owners. A huge sum for each team and why cricket has become the second most popular and largest sport on the planet. $932 million and $692 million. (USA). @SGanguly99 Well done & everyone at @BCCI in @IPL” tweeted Shane Warne.
Business mogul Sanjiv Goenka and international equity investment firm Irelia Company Pte Limited (CVC Capital) have won a total of Rs 12,215 million (about $1.7 billion) in bids for two new IPL teams, which far exceed BCCI’s expectations on Monday. said.

BCCI expected a cumulative bid in the range of Rs 10,000 crore, but surprisingly, RP-SG Group in Sanjiv Goenka won Rs 7090 crore for the Lucknow franchise and CVC Capital paid Rs 5625 crore for the Ahmedabad team. As a result, both new aspects will enter the 2022 IPL.

Sourav Ganguly: We are excited to include two new franchises from India that will bring more domestic cricketers to the world stage.
Sanjiv Goenka was delighted to return to the IPL this time around as a full-time owner rather than a temporary owner as when he ran the Pune franchise (Rising Pune Supergiant(s) in IPL 2016 and 2017). Spot fixing related suspensions from CSK and Rajasthan Royals. Sourav Ganguly said BCCI is not surprised by the amount of bids from two new IPL teams: Lucknow and Ahmedabad.

Companies that have passed the final round of technical screening to participate in the tender include RP-SG, Adani Group, HT Media Private Limited, Torrent Pharma, Aurobindo Pharma, All Cargo, CVC, and Kotak Group as a consortium, and their joint stock companies Through the Glazers of Manchester United.