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Cricket

Staggering Amount Of Money: Shane Warne On IPL 2022 Bidding

BCCI announced the successful bidders for two new teams on Monday, Lucknow (for INR 7,090 crores) and Ahmedabad (for INR 5,625 crores).

Shane Warne-IPL 2022 Mega Auction

New Delhi: Former Australia spinner Shane Warne took to twitter to express his surprise after seeing the amount spent for two Indian Premier League (IPL) teams. Warne said that the massive amount of money proves why cricket is the second most popular sport in the world.

Shane Warne in his tweet wrote: “Wow! Congratulations to both of the new franchise owners. Staggering amounts of money for each team & shows why cricket has become the 2nd most popular & biggest sport on the planet. $932 & $692 million dollars (USA). Well done to @SGanguly99 & everyone at the @BCCI on the @IPL.”

BCCI announced the successful bidders for two new teams on Monday, the RPSG Ventures Ltd. for Lucknow (for INR 7,090 crores) and Irelia Company Pte Ltd (CVC Capital Partners) for Ahmedabad (for INR 5,625 crores). The new franchises will participate in IPL from the 2022 season onwards and the season will comprise of ten teams and a total of 74 matches, wherein each team will play seven home and seven away matches.

BCCI President, Sourav Ganguly said: “The BCCI is happy to welcome two new teams from the next season of the Indian Premier League. I would like to congratulate RPSG Ventures Ltd & Irelia Company Pte Ltd for being successful bidders. The IPL will now go to two new cities in India viz in Lucknow and Ahmedabad. It is heartening to see the inclusion of two new teams at such a high valuation, and it reiterates the cricketing and financial strength of our cricket ecosystem.”

“True to IPL’s motto of ‘Where Talent Meets Opportunity’, the inclusion of two new teams will bring more domestic cricketers from our country to the global stage. The ITT process included two interested bidders from outside of India, which strongly emphasises the global appeal of the IPL as a sports property. The IPL is proving to be a wonderful instrument in globalising the game of cricket. I am keenly looking forward to IPL 2022,” he added.

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