BCCI Releases Tender for Two New IPL Franchises from 2022 Season
The detailed terms and conditions governing the submission and evaluation of bids including eligibility requirements, process for submissions of bids, proposed new teams’ rights, and obligations, etc. are contained in the ‘Invitation to Tender’ (“ITT”) which will be made available for purchase till October 5, 2021
The Board of Control for Cricket in India (BCCI) has announced the release of tender for two new Indian Premier League (IPL) franchises. "The Governing Council of the IPL invites bids to acquire the right to own and operate 1 (one) of the 2 (two) new teams proposed to be introduced to take part in the Indian Premier League from the IPL 2022 season, through a tender process," BCCI said in a statement.
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