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Home » Cricket » BCCI Inducts Lucknow, Ahmedabad Teams Into IPL; Players’ auction In Bengaluru on February 12-13

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BCCI Inducts Lucknow, Ahmedabad Teams Into IPL; Players’ auction In Bengaluru on February 12-13

RPSG Group had won the right to own the Lucknow franchise for Rs 7,090 crore while CVC Capital Partners paid Rs 5,625 crore for Ahmedabad.

File Photo of IPL Trophy.(Photo Credit: PTI)

New Delhi: Lucknow and Ahmedabad teams have been formally inducted into the Indian Premier League (IPL) with the Board of Control for Cricket in India (BCCI) issuing the Letter Of Intent to them. Both the teams have been given time till January 26 to finalise and submit their list of three pre-auction players before the IPL auction scheduled for February 12 and 13 in Bengaluru.

The decision to formally induct the two new franchises was taken at the IPL governing council on Tuesday, confirmed T20 league’s chairman Brijesh Patel.

BCCI vice president Rajiv Shukla clarified that the decision was taken only after getting a clearance from a committee headed by a retired Supreme Court judge following allegations of involvement in sports betting by CVC Capital Partners, the owners of the Ahmedabad franchise.

“There were two important decisions made by IPL governing body today. First, the Ahmedabad franchise whose bid was won by CVC was awarded. After being the highest bidder, there were questions raised that they have some shares in the betting company outside of India,” Shukla told ANI.

ALSO READ: Tata Group To Be IPL Title Sponsor From 2023 Replacing Chinese Mobile Company Vivo

“BCCI then took all precautions immediately and they formed a committee whose head was a retired judge of Supreme Court and after looking at all the things the committee decided that their betting was correct and they should receive (the formal clearance),” he stated.

“However, BCCI again took additional precautions and asked them (CVC) to give an undertaking that you will not participate/be a partner in any (betting) company,” the BCCI vice president added.

Lucknow and Ahmedabad were confirmed as the two new IPL franchises on October 25, 2021. RPSG Group had won the right to own the Lucknow franchise for Rs 7,090 crore while CVC Capital Partners paid Rs 5,625 crore for Ahmedabad.

With the induction of Lucknow and Ahmedabad, IPL 2022 will see 10 teams in action. The league will have 74 matches, with each team playing seven home and the same number of away matches.

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