BCCI Invites Bids For One Of Two New IPL Teams Debuting In 2022

The Board of Control for Cricket in India (BCCI) invited bids for one of two new IPL teams to be introduced from 2022 season.

The Governing Council of the Indian Premier League (IPL) on Tuesday invited bids to acquire the right to own and operate 1 (one) of the 2 (two) new teams proposed to be introduced from the 2022 season, through a tender process. "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 on receipt of payment of non-refundable fee of Rs 10,00,000 (Rupees Ten Lakhs Only) plus any applicable Goods and Services Tax," said the BCCI in an official release. The ITT will be available for purchase till October 5. Interested parties have been requested to send an email at ittipl2021@bcci.tv to get further details for purchasing it. The email requesting the ITT should have the subject line "ITT for the Right to Own and Operate One of Two Proposed New IPL Teams". Any interested party wishing to submit a bid is required to purchase the ITT.