BCCI invites IPL owners for informal meet in Ahmedabad on April 16

BCCI invites IPL team owners for informal meeting in Ahmedabad to discuss potential auction purse increase and player retention.

The BCCI has invited owners of the 10 IPL teams for an informal meeting in Ahmedabad on April 16 and there could be discussions on potential increase in auction purse for the franchises and player retention.

The meeting will take place on the sidelines of the game between Delhi Capitals and Gujarat Titans at the Narendra Modi Stadium.

"The IPL owners have been invited for an informal meeting. There is no set agenda. Since IPL will be into its second month, it will be a good time for all stake-holders to get together," a BCCI official told PTI.

Likely discussions could be around the mega auction due later this year, covering player retention and potential increase in the auction purse which currently stands at Rs 100 crore.

BCCI secretary Jay Shah, president Roger Binny and IPL chairman Arun Dhumal will attend the meeting.

Currently, teams are allowed to retain four players ahead of every mega auction, which is conducted once in three years and was last held in 2022. The next mega auction will be held ahead of the 2025 edition of the league.

The two-month IPL began on March 22 and will end with the final in Chennai on May 26.