Adani Sportsline, the sports activities arm of Adani Group splurged Rs 1289 crore to purchase the costliest group of the Women’s Premier League.
The group purchased the Ahmedabad franchise whereas IPL group house owners Mumbai Indians, Royal Challengers Bangalore and Delhi Capitals profitable bid Rs 912.99 crore, Rs 901 crore and Rs 810 crore respectively for the opposite three franchises to enter the WPL.
The Lucknow franchise went to Capri Global Holdings for Rs 757 crore.
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— BCCI (@BCCI) 1674639518000
Earlier this month, the BCCI bought the media rights to Viacom18 for Rs 951 crore, getting a Rs 7.09 crore per match worth for 5 years.
“Today is a historic day in cricket as the bidding for teams of inaugural #WPL broke the records of the inaugural Men’s IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid.
“This marks the start of a revolution in girls’s cricket and paves the best way for a transformative journey forward not just for our girls cricketers however for the whole sports activities fraternity. The #WPL would carry essential reforms in girls’s cricket and would guarantee an all-encompassing ecosystem that advantages every stakeholder.
“The BCCI has named the league – Women’s Premier League (WPL). Let the journey begin….,” mentioned BCCI secretary Jay Shah.
The eight franchisees within the males’s IPL had been bought for USD 723.59 million earlier than the maiden version in 2008.
The WPL participant public sale will happen subsequent month with the primary version to be performed in March.
The BCCI on Monday had cleared 17 technical bids for the closed door bidding that was held in a 5 star resort right here on Wednesday.
As many as seven IPL franchisees had been within the race and those to overlook out had been Punjab Kings, Kolkata Knight Riders, Rajasthan Royals and Sunrisers Hyderabad.
Among the outsides, multinational sweets and snacks firm Haldiram’s too had submitted its bid on Monday. The BCCI had not set any base value for the sale of groups.
A complete of twenty-two video games can be performed within the inaugural season with the top-ranked group within the league stage qualifying immediately for the ultimate. The second and third positioned groups will battle out for a spot within the title conflict.
Each group may have a handbag of Rs 12 crore on the gamers’ public sale subsequent month and might want to purchase a minimal of 15 gamers and most of 18. Up to 5 abroad gamers, together with one from affiliate, can be allowed within the enjoying eleven.
“India’s women cricketers have always made the nation proud in the global sporting arena – be it the World Cup, Asian Cup or the recent Commonwealth Games!
“This new Women’s League will as soon as once more shine a world highlight on the expertise, energy, and potential of our women. I’m certain our Women’s MI group will take the Mumbai Indians model of fearless and entertaining cricket to a brand new degree altogether,” said Mumbai Indians owner Nita Ambani.
Mumbai Indians also have their presence in the ongoing ILT20 in UAE and SA20 in South Africa.
The Diageo-owned RCB franchise said it was patiently waiting to become part of women’s cricket.
“At the core of Diageo, is the worth of gender inclusivity that embraces range within the broadest potential sense and this enterprise champions us to welcome and have fun girls’s cricket for who they’re and the worth they convey within the journey of this sport, Cricket.
“Therefore, it is a fitting asset in the right direction for Diageo India owned franchise.
“We held again all our investments in abroad groups to personal a group that aligns with this philosophy and core worth, and it provides us immense pleasure to have marked this accomplishment positively,” said RCB chairman Prathmesh Mishra in a statement.
(With inputs from PTI)