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5 IPL Franchisees are most likely to buy Women’s IPL Teams

5 IPL Franchisees are most likely to buy Women’s IPL Teams

A day once the BCCI invited bids to have and operate IPL groups within the inaugural 5-team Women’s Indian Premier League (WIPL), regular for March this year, five of the ten IPL franchises confirmed to TOI that they’re “very keen” on buying a team in the league. (Read Also: Shivam Mavi debutant performance gives India a win in T20 against Sri Lanka at Wankhede)

Chennai Super Kings, Rajasthan Royals, Old Delhi Capitals, Kolkata Knight Riders, and Punjab Kings are all fascinated by investment in a very team in WIPL.

CSK has already started the method of shopping for the ITT document.

“We’ve applied to shop for the bid document. Currently, we’ll need to determine its political economy of it. we tend to be interested. If CSK does not have a women’s team, it’s going not to look good. We’d prefer to promote women’s cricket,” CSK corporate executive Kashi Viswanathan told TOI.

Massive crowds for the India-Oz T20 series triggered interest

“We are choosing the bid document,” confirmed Rajasthan Royals chairman Ranjit Bar Thakur.

According to a supply, the BCCI has not set a base value for getting a team. “It appears BCCI has not unbroken a base price to shop for a team in WIPL. That could be a wise decision. If you retain a high base price, you may scare potential investors,” a source told TOI.

“I assume most are sensible enough not to require to lose money. They’ll not mind some loss, however not serious losses. If the bottom value is, say Rs 400 crores, groups would lose Rs 50-80 crores per year, and that I cannot imagine anyone having the appetite for that,”  a source.

What appears to possess triggered the interest of the IPL franchisees and potential investors in WIPL is the large turnout in Bombay for the India-Australia T20I series in Dec — a record 47,000 fans turned up for the second game at the metal Patil sports stadium in Navi Mumbai.

In addition, the inaugural independent agency Women’s Under-19 tourney, which can pop out on Jan 14, followed by the Women’s T20 World Cup in February. That will build fans’ appetency for quality women’s cricket, besides providing teams with lots of players to choose from.

The opening season of Women’s IPL is probably going to strive in the primary week of March. It’ll have 5 teams and will start before IPL kicks off.

There’s a chance that the complete league is going to be played in Mumbai, which has 3 foremost grounds — Wankhede sports stadium, metal Patil Stadium, and Brabourne Stadium. However, this might not be confirmed.

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