4.3 C
Saturday, November 27, 2021

Manchester United homeowners, the Glazers, miss out on shopping for IPL workforce | Cricket Information

Must read

- Advertisement -

Manchester United homeowners The Glazers fail of their try to purchase one of many two new IPL cricket franchises; Glazers miss out a day after United had been crushed 5-0 by Liverpool at {Old} Trafford; New IPL franchises in Lucknow and Ahmedabad bought for a mixed £1.2bn

Final Up to date: 25/10/21 6:50pm

Avram Glazer (left) and Joel Glazer have missed out on shopping for an IPL cricket workforce

The Glazer household, homeowners of Manchester United and the NFL’s Tampa Bay Buccaneers, have missed out on shopping for an Indian Premier League cricket workforce.

After it was introduced the IPL could be increasing from eight groups to a ten-team format, the BCCI (Board of Management for Cricket in India) issued an Invitation to Tender (ITT) doc to permit events to register an curiosity in proudly owning one of many two new franchises.

- Advertisement -

However only a day after United’s humiliating 5-0 home defeat to rivals Liverpool in the Premier League, the Glazers have failed of their try to purchase a brand new IPL workforce.

The RP-Sanjiv Goenka Group, which owned the now-defunct Pune franchise for 2 IPL campaigns, gained the Lucknow franchise with a proposal in extra of £686m.

Sanjiv Goenka's RPSG group won the bid for the Lucknow franchise

Sanjiv Goenka’s RPSG group gained the bid for the Lucknow franchise

The Ahmedabad workforce was bought to personal fairness agency CVC Capital Companions, which additionally has shares in rugby’s Six Nations and Premiership in addition to Spanish soccer’s La Liga, after making a bid of round £541m.

It means the 2 new franchises bought for a mixed £1.2bn.

Each groups will compete within the 2022 version, which may have 10 groups and 74 matches the place either side will play seven house and 7 away video games.

BCCI President Sourav Ganguly mentioned: “It’s heartening to see the inclusion of two new groups at such a excessive valuation, and it reiterates the cricketing and monetary power of our cricket ecosystem.

BCCI president Sourav Ganguly believes it is 'heartening' to see two new teams in next year's IPL

BCCI president Sourav Ganguly believes it’s ‘heartening’ to see two new groups in subsequent 12 months’s IPL

“The ITT course of included two bidders from outdoors of India, which strongly emphasises the worldwide attraction of the IPL as a sports activities property.

“The IPL is proving to be a beautiful instrument in globalising the sport of cricket. I’m keenly trying ahead to IPL 2022.”

The BCCI had set the bottom value for the brand new groups at £194m.

The eight-team competitors was halted near its midway stage in Could after two franchises reported COVID-19 {cases}.

The second half was subsequently shifted to the United Arab Emirates, with Chennai Tremendous Kings led by former India captain MS Dhoni profitable their fourth IPL title by beating Kolkata Knight Riders within the last in Dubai.

Source link

More articles

- Advertisement -

Latest article