The Board of Control for Cricket in India (BCCI) has announced the inclusion of 10 teams in the league in the next IPL season. According to media reports, the ‘Glazer family’, the owner of the Manchester United football team, has now shown interest in entering India’s T20 league.
Regarding the financial rules, BCCI has already made it clear that the total assets of the bidder should be 2500 crores and the turnover of the company should not exceed 3000 crores. According to the Times of India newspaper report, the owners of this English Premier League club have reportedly bought an ITT (Invitation to Tender). According to the report, the owners of Manchester United are showing keen interest in the world’s most valuable T20 league.
The Times of India report said that ‘technically, foreign investors can be eligible to participate in the bidding only if the BCCI conditions are met. We don’t really know whether the Manchester United owners will come across the table during the auction. But we know for sure that he has shown interest in it.
Adani Group, Torrent Pharma, Aurobindo Pharma, RP-Sanjeev Goenka Group, Hindustan Times Media, Jindal Steel, entrepreneur Ronnie Screwvala and three private companies are also among those who took ITT (Invitation to Tender). It is expected that BCCI will make its formal announcement on 26 October. Bids will be submitted in UAE, where T20 World Cup 2021 is going on.