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#ENGLAND CRICKETER IPL 5 CRORE TORRENT#

The other cities in the hunt are Indore, Guwahati, Cuttack, Dharamsala and Pune.ДЇormer India cricketer may join one of the consortiumДЄ former India opener may join one of the consortiums which is expected to be serious bidders for the new franchises. The two cities that are favourites in terms of stadium capacity are Narendra Modi Stadium in Motera with more than 100,000 capacity while the other is Ekana Stadium in Lucknow with 70,000 capacity.

#ENGLAND CRICKETER IPL 5 CRORE TORRENT#

The other notable companies which are in fray comprise Kotak group, pharmaceutical majors Aurobindo Pharma and Torrent group. There has been buzz that Lancer group, which is owned by Manchester United owner Avram Glazer, has also picked up the bid document.

#ENGLAND CRICKETER IPL 5 CRORE TV#

'So the economics will work accordingly as franchises get the TV revenue share equally,' a BCCI insider tracking the developments told PTI on conditions of anonymity.ДЇor the record, Goenka owned the Pune Franchise Rising Pune Supergiants (RPS) for two years and is also the owner of ISL franchise ATK Mohun Bagan. Don't forget that IPL broadcast rights is projected around USD 5 billion (Rs 36,000 Crore).

Expect a minimum bid of INR 3500 crore from the potential bidders.

'Gautam Adani and Sanjiv Goenka are the biggest names in the Indian industry. Whether RPSG would have any individual or other company as a part of consortium is still not known. Similarly, RPSG group which is headlined by billionaire Sanjiv Goenka are also considered to be serious bidders for a new franchise. Adani Group, if they finally put up a bid, are the favourites to own a new franchise. In this scenario, one of India's richest business tycoon Gautam Adani and his Adani Group are expected to bid for the Ahmedabad franchise. However, in case of an individual or company, that particular entity's annual turnover should be minimum INR 3000 crore and in case of consortium, each of the three entities should have an annual turnover of INR 2500 crore. The BCCI is also allowing a consortium of up to three companies or individuals to bid for a franchise. There are 22 companies which have picked up tender documentsВ worth Rs 10 lakh but with base price for new teams pegged at INR 2000 crore, there is expected to be only five to six serious bidders in the fray. Decision on Dhoni's future will be taken only after knowing rules: CSK

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