When the IPL auction will be held, said Brijesh Patel, chairman of the tournament. He told that the IPL cricketers’ auction will be held in Bangalore on February 12th and 13th. He also said that the Lucknow and Ahmadabad franchises have been officially approved by the Board of Control for Cricket in India (BCCI). Both teams have two weeks to finalize the draft.
Meanwhile, Tata, one of India’s largest industrial conglomerates, is the new sponsor of the IPL, replacing the Chinese mobile phone company Vivo. The decision was taken at a meeting of the IPL’s governing council today. Tata has been the sponsor of IPL since this year. IPL chairman Brijesh Patel said, “Tata Group is title sponsor of the next IPL.”
BCCI has given formal clearance to Lucknow and Ahmedabad franchises of IPL. Both teams have been given two weeks to finalise their draft picks. IPL auction will be held in Bengaluru on Feb 12 and Feb 13: IPL Chairman Brijesh Patel to ANI pic.twitter.com/nVUSiEbXTy
— ANI (@ANI) January 11, 2022
Vivo has agreed to be the title sponsor of the IPL from 2018 to 2022 for Rs 2,200 crore. But Vivo was not retained as the title sponsor of the IPL for a year after the Indo-Chinese military clash in Galwan in 2020. However, in the last IPL, the Chinese company was seen as the title sponsor again. Although this time they are moving away.
Today, the IPL chairman further said, “So far, CVC Capital has not been given clearance for the acquisition of Ahmedabad, the new franchise of the IPL.” Complications were created in this regard. However, the Governing Council meeting today approved the acquisition of CVC Capital’s Ahmedabad franchise. Letter of intent will be given today. ‘
