Women’s Premier League receives massive Rs. 4669.99 Cr in total bid

The 25th of January, rightly as expected turned out to be a big day for women’s cricket and not just in India, but worldwide. The moving day got us a few major developments from the launch of the Women’s Indian Premier (W-IPL) which are detailed them below.

 

Women's Premier League receives massive Rs. 4669.99 Cr in total bid
Women’s Premier League receives massive Rs. 4669.99 Cr in total bid

 

The Board of Control for Cricket in India (BCCI) after rolled our Invitation to Tender (ITT) to “own and operate” teams in the Women’s IPL, over 30 interested parties picked up bid documents, and around 17-odd turned up with technical bids on the 23rd of January.

Heading into the auction day, the 25th of January, the words out on the 5 bidders who’ve gone wild to desperately own a franchise in the highly awaited tournament.

Starting with the tournament’s name, the Women’s Indian Premier League (W-IPL) was officially declared and Mr. Secretary’s Tweet too confirmed the development. Mr. Jay Shah’s Tweet read, “The @BCCI has named the league – Women’s Premier League (WPL). Let the journey begin….”.

For the city base, Ahmadabad, Adani Sportsline Private Limited, cashed in the day’s highest bid (1289 crores) to land in the Indian Premier League (IPL) market. This successful bid comes on the back off an unsuccessful bid for the Ahmadabad base in the Men’s Indian Premier League (M-IPL). The Ambani’s backed, Indiawin Sports Private Limited, which owns the Mumbai Indians franchise in the Men’s IPL, cashed in the 2nd highest bid of 912.99 crores to own the Mumbai base.

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The Royal Challengers Sports Private Limited, bid big for the Bangalore base and acquired it for the 3rd highest bid of the day, 901 crores. JSW GMR Cricket Private Limited, who own the Delhi base franchise, Delhi Capitals, in the Men’s IPL, went on to make a successful bid of 810 crores for the Delhi base to acquire a team in the Women’s Premier League.

The Mumbai, Maharashtra registered, Capri Global Holdings Private Limited, who own teams in overseas T20 leagues and domestically a team in the Ultimate Kho Kho League, acquired the Lucknow base for 757 crores. The total sum of bids is a whopping count of 4669.99 crores which is more than what had come out of the Men’s IPL in 2008.

BCCI secretary, Mr. Jay Shah’s Tweet read, “Today is a historic day in cricket as the bidding for teams of inaugural #WPL broke the records of the inaugural Men’s IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid. This marks the beginning of a revolution in women’s cricket and paves the (1/2)

“way for a transformative journey ahead not only for our women cricketers but for the entire sports fraternity. The #WPL would bring necessary reforms in women’s cricket and would ensure an all-encompassing ecosystem that benefits each and every stakeholder.”

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