IPL 2022 mega-auction to take place on THESE dates, confirms IPL chairman Brijesh Patel
Zee News
IPL Governing Council also gave formal clearance to both new franchises - Ahmedabad and Lucknow.
Indian Premier League's (IPL) two new teams -- Sanjiv Goenka's RPSG Group for the Lucknow franchise and CVC Capital's Ahmedabad team on Tuesday received the formal clearance from the Board of Control for Cricket in India (BCCI).
The formal clearance was given after a meeting of the Indian Premier League (IPL) Governing Council on Tuesday and both Ahmedabad and Lucknow have also been given a time frame for player signing before the mega auction takes place.
RPSG Group and private investment firm CVC had successfully bid for the Lucknow and Ahmedabad franchise, respectively, last October. However, the LOI got delayed after it emerged that CVC had links with betting companies outside India.
