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WIPL Teams Auction: Official announcement coming soon, MI, RCB & DC bag WIPL teams, Adani & Capri Global enter Indian cricket: Follow Women’s IPL LIVE

WIPL Teams Auction – Women’s IPL 2023: The stage is set for WIPL. The bidding process is over and…

WIPL Team Auction – IPL Women 2023: The stage is set for WIPL. The bidding process has ended and the BCCI is opening the bidding and will announce the five founding teams of the Women’s Indian Premier League. It is a mini IPL where seven IPL team owners submit financial bids to own WIPL teams. With Chennai Super Kings (CSK), defending IPL champions Gujarat Titans (GT) and Lucknow Super Giants (LSG) out of the running, the most successful IPL team is Mumbai Indians (MI) leading the way to bring in a team. KKR, PBKS, SRH, RR, SRH and RCB will also compete to get the rights to a WIPL team. Follow WIPL 2023 LIVE updates on InsideSport.IN.

Women’s IPL Teams Auction – Here we go, here are the new teams for WIPL

  • Ahmedabad–Adani (Rs 1289 Cr)

  • Mumbai – Confidence (MI) – Rs 912 Cr

  • Bangalore – Diageo (RCB) – 901 Cr

  • Lucknow – Capri Global – 757 Cr

  • Delhi – DC Franchise – 810 Cr

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WIPL Teams Auction: BCCI Gets Richer With Rs 4669 Cr As MI, RCB And DC Win WIPL Teams, Adani And Capri Global For Indian Cricket: Follow LIVE Updates

Of the 7 teams, 6 teams already have teams in other leagues. Only Royal Challengers Bangalore are without a team in foreign competitions. They will all now aim to add a women’s team to their growing portfolio. However, only 5 of them can own a team and they will also face tough competition from big players like Adani Group.

On Monday, BCCI received 17 technical bids. Of them, 10 are non-IPL team owners. Among them, Adani Group will be eyeing an entry after missing an IPL team last time.

WIPL Teams Auction: BCCI Gets Richer With Rs 4669 Cr As MI, RCB And DC Win WIPL Teams, Adani And Capri Global For Indian Cricket: Follow LIVE Updates

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Why don’t CSK, LSG, GT bid on WIPL Teams? According to a report from Cricbuzz, the Chennai Super Kings official confirmed the decision and said it was a strategic business call. However, InsideSport understands that CSK was not eligible as the BCCI had set Rs 1,000 Cr valuation for the parent company. In the case of Lucknow Super Giants and Gujarat Titans, they are still in loss after their successful bids for men’s IPL teams. Therefore, it was a business decision not to bid for WIPL teams.When will the Financial BID be submitted? The deadline for submitting the financial bids for the five teams is Wednesday morning. Following this, the BCCI will announce the owners of the five franchises in WIPL. It’s a close bidding affair. It means that the BIDDERS will have to put their BEST FOOT FORWARD at WORD-G0.

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Another windfall for BCCI – After bagging Rs 941 Cr from Viacom18 for WIPL Media Rights, BCCI will get richer with another Rs 4,000 Cr. Just to remind everyone, BCCI sold IPL media rights for Rs 48,390 Cr and two new IPL teams for Rs 12,715 Cr. BCCI expects about Rs 500-800 Cr for each WIPL team. Therefore, BCCI can get richer with another Rs 4,000 Cr.

For Gujarat Titans, the team representative wants to focus on the men’s team. The team is owned by US-based private equity firm CVC Capital.

WIPL Teams Auction: BCCI Gets Richer With Rs 4669 Cr As MI, RCB And DC Win WIPL Teams, Adani And Capri Global For Indian Cricket: Follow LIVE Updates

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