vIndianz.com ( 18 feb, 2010) — New Delhi: Two new Indian Premier League franchisees will be unveiled on March 8, IPL Commissioner Lalit Modi said on Wednesday.
Modi said on his ‘Twitter’ page that tender forms could be collected from the BCCI/IPL office from February 21 and the bids would be opened on March 8 in Mumbai.
He said Ahmedabad, Nagpur, Kanpur, Dharamshala, Indore, Cuttack, Gwalior and Visakhapatnam are the current cities with stadia that can have bids.
“Rajkot, Pune, Baroda and Cochin (Kochi), which have new stadia going under construction, are also eligible to be bid for,” he said.
The base price for the new teams would be $225 million each, he added.
Modi said the new team owners and management would have access to IPL III so that they can prepare accordingly for the next edition of the cash-awash league.
Further Reading- Cricket-Valthaty hits ton, Punjab and Pune record home victories
- Cricket-Sehwag powers Delhi to victory with 47-ball 80
- Cricket-Sharma’s last-ball six hands Mumbai victory
- U.S. home construction quickens in March – MarketWatch
- Cricket-McCullum leads Kochi to home victory over Chennai
- Bombay HC rejects Lalit Modi’s appeal – Hindustan Times
- Report: Nine MLB teams out of debt compliance – ESPN
- Report: Nine MLB teams out of debt compliance – ESPN
- Report: Nine MLB teams out of debt compliance – ESPN
- US housing starts, building permits drop sharply – International Business Times
Stay updated! Follow us on twitter and subscribe to our feed via Feedburner.
No Comments