Sep 14, 2021, 23:09 IST

BCCI most likely to hold the auction for the two new IPL teams on October 17

Indian Premier League

The second leg of the 14th edition of Indian Premier League will kick start in the UAE and Oman on 19 September. With just four days left for the big tournament, all the players of the eight teams have reached the UAE and are either training or completing their mandatory quarantine period. 

On the other hand, according to sources, The Board of Control for Cricket in India (BCCI) will “most likely” hold the auction for the two new Indian Premier League (IPL) teams on October 17.

“Yeah, the auction will be held, most likely, on October 17 and clarifications on the same can be sought up to September 21, the ITT (Invitation To Tender) document will also be available for purchase till October 5,” said a BCCI official. “However, the confirmed date and venue will be intimated to the bidders later.” 

It is worth noting that the IPL Governing Council had started the tender process for the auction of the two new teams on 31 August 2021. The two new teams will be included in the mega auction to be held in 2022, after which the number of franchises in the league will increase to 10.

A bidder can bid for two to six cities, and currently, Ahmedabad, Lucknow, Indore, Cuttack, Guwahati and Dharamsala are available for bidding. The BCCI had already made it clear that each bidder would have a net worth of Rs 2500 crore and the company has to have a turnover of Rs 3000 crore.

Currently, there are eight teams playing in the IPL while each team plays seven home and as many away games. However, in the revised scenario, there could be nine home and nine away games.