Over 30 companies interested in buying WIPL teams, CSK owners India Cements join the race


Get every cricket updates! Follow us on

More than 30 companies have reportedly expressed their interest in buying the Women’s Indian Premier League (WIPL) teams with just over a month to go for the commencement of the inaugural edition of the tournament. The companies have accepted the Invitation To Tender (ITT) document which makes them eligible to bid for a WIPL team.

However, what really stands out here is that some of these firms are new entrants who are looking to make a mark in the sporting league business. They include the Shriram Group, Nilgiri Group , AW Katkuri Group, etc. Some of the well-known companies who have shown interest in this bidding process are APL Apollo, Haldiram, etc.

According to Cricbuzz, there are no interests from any Bollywood stars since there is a condition of having an INR 1000 crore net worth for a candidate in order to bid for a WIPL franchise.

Who all have purchased the mandatory ITT?

The report further adds that the mandatory ITT has been purchased by Capri Global who own the Sharjah Warriors in the International League (ILT20) as well as the Adani Group who are the owners of the Gulf Giants in the UAE-based franchise league.

Meanwhile, there is also a tough competition between three cement companies for buying the ITT with two of them being renowned brands. They are India Cements (who already own Chennai Super Kings in the IPL), JK Cement and Chettinad Cement.

The WIPL auction to buy teams is scheduled to be held in Mumbai next Wednesday i.e. January 25. The media rights have already been bagged by Viacom 18 who have paid a staggering INR 951 crore for the five-year cycle from 2023-2027. Viacom18 overcame tough competition from other big players like Sony, Zee and Disney Star to win this lucrative deal. Reportedly, the inaugural season of WIPL is set to be held from March 4 to March 26.

For a better experience: Download the CricTracker app from the IOS App Store and Google Play Store



Source link

Add a Comment

Your email address will not be published. Required fields are marked *