BCCI to roll out Tender for two new IPL teams in the next 24 hours

BCCI has already rolled out the tender for two new IPL teams to be added to the Indian Premier League. The document is absolutely ready and will reach the potential bidders within a day or so.

The remaining 31 matches of IPL 2021 will resume from 19 September in UAE and Oman and will continue till 15 October. By mid of October, BCCI will also finish the finalization of the two new IPL teams for the next season.

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According to the sources, BCCI will make the tender documents available by August. They will confirm the two new IPL teams by the middle of October. According to a report by TOI, the bid opening process will clash with the second phase of IPL. IPL is the biggest T20 league in the world and it will get much bigger and thrilling with the inclusion of more teams and more matches.

Cities that are probable to bid:

The two cities that are deciding to bid to be a part of IPL are Ahmedabad and Lucknow. The reason behind Ahmedabad is the Narendra Modi stadium. It is the biggest cricket infrastructure in the world and includes a capacity of 1.10 lakh people. The reason behind Lucknow is the Atal Bihari Vajpayee Stadium. Not only that, but Lucknow, the so-called heartland, consumes more than 50% of the live cricket on the television.

Apart from these two cities, Nagpur, Raipur, Visakhapatnam, and Ranchi Pune are also in the line to bid for the next season of IPL.

The expected bidding price of the two new IPL teams is near about Rs 3500 to Rs 4000 crore. In a conversation with InsideSport.com in June, one of the senior board officials revealed that "We have not discussed the base price for the new teams formally as yet. IPL teams are a great investment and has given the initial investors great returns. My personal view is that it will be nothing less than 2000 Cr but I am again repeating myself nothing formally has been discussed in BCCI about the base price."