The IPL team of Ahmedabad will soon get the green signal and CVC Capitals will be the owner of the 10th team of the Indian Premier League. The BCCI, at its AGM this month, had constituted a committee headed by a former judge to probe allegations of links with betting companies on CVC Capital, the company that bought the Ahmedabad team, which is going to join the IPL next year. The team was bought by CVC Capital for Rs 5,625 crore. He was accused of having links with several foreign bookmakers. The committee has submitted its report to the BCCI.
Till last season eight teams played in IPL but this year two new teams Ahmedabad and Lucknow have been included in IPL through tender process in United Arab Emirates (UAE). The Lucknow team was bought by the RPGC Group for Rs 7090 crore. Apart from this, there was a discussion about this matter in the IPL GC as well. The BCCI source said that the committee has submitted its report to the board. According to the report, the team of Ahmedabad will continue to be of CVC. Soon the letter of intent will be issued to them. Had this decision gone against the CVC, the team from Ahmedabad would have gone to Adani Industries as they had submitted the second largest tender after CVC.
Players auction in February:
The mega auction of IPL players will be held in Bengaluru on February 7 and 8. This might be the last mega auction of IPL as most of the original IPL teams now want to call it off. A board official said that if the situation does not worsen due to the Corona epidemic, the IPL mega auction will be held in India. The two-day auction will be held in Bengaluru on February 7 and 8. Its preparations are going on. The two new teams will pick three players from the draft before the auction and inform the BCCI. The rest of the players will go to the auction.