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Adani Sportsline, the sports arm of Adani Group splurged Rs 1289 crore to buy the most expensive team of the Women’s Premier League.
The group bought the Ahmedabad franchise while IPL team owners Mumbai Indians, Royal Challengers Bangalore and Delhi Capitals successful bid Rs 912.99 crore, Rs 901 crore and Rs 810 crore respectively for the other three franchises to enter the WPL.
The Lucknow franchise went to Capri Global Holdings for Rs 757 crore.
๐๐๐๐ ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐ฌ ๐ญ๐ก๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ๐๐ฎ๐ฅ ๐๐ข๐๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐จ๐ฆ๐๐งโ๐ฌ ๐๐ซ๐๐ฆ๐ข๐๐ซ ๐๐๐๐ ๐ฎ๐.The combined bid valuation is INR 4669.99 CrAโฆ https://t.co/epRwcnGiLe
โ BCCI (@BCCI) 1674639518000
Earlier this month, the BCCI sold the media rights to Viacom18 for Rs 951 crore, getting a Rs 7.09 crore per match value for five years.
“Today is a historic day in cricket as the bidding for teams of inaugural #WPL broke the records of the inaugural Men’s IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid.
“This marks the beginning of a revolution in women’s cricket and paves the way for a transformative journey ahead not only for our women cricketers but for the entire sports fraternity. The #WPL would bring necessary reforms in women’s cricket and would ensure an all-encompassing ecosystem that benefits each and every stakeholder.
“The @BCCI has named the league – Women’s Premier League (WPL). Let the journey begin….,” said BCCI secretary Jay Shah.
(With inputs from PTI)
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