CRICKET
The chairman of the RPG Enterprises, Harsh Goenka revealed the bids which were made by all the business groups.
From eight teams to now 10 - the Indian Premier League (IPL) has got two new franchises added to the cash-rich tournament - Ahmedabad and Lucknow.
The 2022 season will see two of the new franchisees take part in the league after the cities were finalized after an intense bidding process that took place in Dubai on October 25, 2021. The bidders who won were RPSG Group and CVC Capitals.
While RPSG Groups previously had a team in the league and are back again, it is all-new for CVC Capitals. The former group, in the 2016 and 2017 editions, had bought Pune city's franchise.
Pune was added after there was a ban on Chennai Super Kings (CSK) and Rajasthan Royals (RR). Called Rising Pune Supergiant, they had even qualified for the final in 2017 but lost marginally against Mumbai Indians (MI). Now, the group will have access to the franchise based out of the city of Lucknow.
As for CVC Capitals, they bought the stakes for the city of Ahmedabad in Gujarat. The city is home to the largest cricket stadium in the world, the Narendra Modi stadium, which can hold up to 1,32,000 people.
Soon after the bidding war had come to an end, the chairman of the RPG Enterprises, Harsh Goenka revealed the bids which were made by all the business groups.
He uploaded a picture on his official Twitter handle of the final bids, which gave all an idea of what amounts all the businesses went ahead bid for. The RPSG ventures ltd. were in fact the highest bidders as they put forward an amount of INR 7090 crores for both Ahmedabad and Lucknow.
They had also bid for Indore with an amount of INR 4790 crores. Irelia Company Ptv Ltd, who bid under CVC Capital had put forward an amount of INR 5625 crores for Ahmedabad while also bidding INR 5166 for Lucknow.
The Adani group who were the frontrunners had put INR 5,1000 crores for both the cities, however, they fell short. The Glazers, owners of Premier League football club Manchester United, ended up falling short as well with their bids of slightly more than INR 4,000 crore.
SEE:
How the #IPL bids went! pic.twitter.com/nLjQb6djsB
— Harsh Goenka (@hvgoenka) October 25, 2021
As for the IPL 2022, there will be a mega auction for the new edition of the tournament and now the BCCI has said that only four players could be retained by every group, rest all players will be put out for auction.
DNA TV Show: Congress not to contest UP by-polls, lends 'unconditionally' support to SP
Venom The Last Dance movie review: Tom Hardy's final Marvel outing is a king-size disappointment
Pushpa, Stree 2 choreographer Jani Master gets bail in sexual assault case
Who is Justice Sanjiv Khanna, the next Chief Justice of India?
KL Rahul rejects retention offer from Lucknow Super Giants, set to enter IPL 2025 auction: Report
Mukesh Ambani's Reliance to give bonus share ahead of Diwali, check last date to apply
When Hollywood actress Natalie Portman insulted a BIG Bollywood megastar, he was asked to 'get lost'
J-K: 2 porters killed, 3 soldiers injured after Army vehicle attacked in Gulmarg
Shah Rukh Khan is back on small screen with legendary tale, it will lead up to…
Pre-Diwali Skincare: 5 quick tips to achieve flawless skin this festive season
Bomb threats to Indian planes continue: More than 80 flights receive fresh security alerts
Mumbai Police arrests vegetable seller from Jamshedpur for sending death threat to Salman Khan
'Dukh toh hota hi hai': Ex-India star blames MS Dhoni for dropping him at the 'peak of career'
Amitabh Bachchan defended Aishwarya Rai after she opted out of this film due to...
THIS company lost Rs 36430 crore in 6 hours, it's not Mukesh Ambani's Reliance, Tata Motors
Narak Chaturdashi 2024: Know the date, time, rituals, significance of Choti Diwali
'Attitude is...': Ex-Tesla employee shares experience working with Elon Musk
IND vs NZ: Washington Sundar scripts history in Pune, becomes first Indian to achieve big feat
Mukesh Ambani hails Meta CEO, says Mark Zuckerberg will go down in history for...
SC issues notice to Ajit Pawar on Sharad Pawar faction's plea over NCP 'clock' symbol
'UPSC hotspot': THIS college produces most IAS, IPS officers every year
Unlock the Power of Quick Recovery: Why every windows PC needs RestoreX360
Royal Enfield first electric bike spotted, it will be unveiled on…
'Dead' baby found alive during funeral in..., what happened next will SHOCK you!
Anil Ambani gets good news ahead of Diwali, his Rs 17016 crore company receives...
Apple iPhone 16 pro is now available for just Rs 52,930 on Amazon, how you can grab this deal
Diwali 2024: 5 vastu-friendly home decor tips to welcome wealth, prosperity this Deepawali
'Breasts, not oranges': Cancer awareness campaign by Yuvraj Singh's NGO draws flak, DMRC recalls it
Virat Kohli reveals being in tears while talking to Anushka Sharma following THIS incident
Man kidnapped from chaat stall, but there's a twist, watch viral video
IND vs NZ: R Ashwin goes past Australia's Nathan Lyon to set new World Test Championship record
Dhanteras 2024: Date, significance, shubh muhurat and more
Nvidia rolls out Hindi-language AI model in India: What is it and how will it work?
Netizens not happy with this billionaire's apartment in Bengaluru, says, 'you can afford better'
'Kejriwal, Atishi looted Rs 8,500 crore for...': BJP protests at Yamuna's Chhath Ghat
Cyclone Dana trains cancelled: Over 300 trains cancelled, check full list here
Bengaluru school's Rs 1.5 lakh fees for Nursery sparks controversy, parents' reaction goes viral
THIS rule will change from November 1, Airtel, Jio, Vi, BSNL users should pay attention, it will...
Video of man dancing around Russian woman at India Gate goes viral, sparks online debate
Innovating the Future: Aniruddh Tiwari's visionary advancements in AI and aata analytics
Revolutionising Enterprise Data Frameworks: How one lead data engineer is driving innovation
Pakistani model's BOLD move, walks Miss World ramp without...; watch video
What role did IAS officer Srushti Deshmukh's family play in her UPSC success? Details here
BIG allegation against Donald Trump, ex-model says former president groped her in front of...
THIS rule made by Ratan Tata won't allow Noel Tata to become Tata Sons chairman, it is...
JioHotstar domain acquired by Delhi-based app developer, he now wants Mukesh Ambani's Reliance to...
Alia Bhatt was totally smitten with Aishwarya Rai's dance videos because...
Ind vs NZ 2nd Test: When, where to watch India vs New Zealand 2nd Test match live
When Salman Khan broke his silence on blackbuck case: ‘Just because I cannot…’
Hyundai Motor India launches historic IPO, paves way for innovation and growth in automotive sector
BIG change in world's richest people list: Mukesh Ambani, Gautam Adani's fortunes now...
Ananya Panday gets trolled for her outfit, netizens say ‘she is getting Janhvi-fied’
Tom Holland confirms Spider-Man 4, reveals film will go on floors in...