BCCI announces release of tender to own and operate an Indian Premier League team from next season

The Board of Control for Cricket in India (BCCI) has announced the release of a tender to own and operate an Indian Premier League team.

The Board of Control for Cricket in India (BCCI) on Wednesday announced the release of a tender to own and operate an Indian Premier League (IPL) team. The Governing Council of the IPL has issued the ‘Invitation to Tender’ (“ITT”) document available on payment of the non-refundable tender fees on August 31, 2021.

The invitation to purchase the ITT document (“Invitation”), issued on August 31, 2021, is attached as Annexure A. Subsequently, the BCCI had extended the date for purchasing the ITT document till October 10, 2021 (Extension Notice I”). The Extension Notice I is attached as Annexure B.