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.
𝐁𝐂𝐂𝐈 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐬 𝐭𝐡𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐛𝐢𝐝𝐝𝐞𝐫𝐬 𝐟𝐨𝐫 𝐖𝐨𝐦𝐞𝐧’𝐬 𝐏𝐫𝐞𝐦𝐢𝐞𝐫 𝐋𝐞𝐚𝐠𝐮𝐞.The combined bid valuation is INR 4669.99 CrA… https://t.co/epRwcnGiLe
— 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)