More than 30 businesses are rumoured to be interested in buying franchises in Women's IPL tournament, including Gulf Giants (Adani Group) and Sharah Warriors (Capri Global).
When the brand-new competition makes its debut in early 2023, five teams will face off against one another for the coveted crown.
More than 30 businesses have submitted to the BCCI's invitation to tender (ITT) paperwork in order to buy the five franchises, claims a Cricbuzz report. It is important for supporters to understand that buying the tender does not ensure the buyer would make a bid for the team.
On the list of companies that are interested are the team owners of the 10 current IPL franchises. Both the Adani Group's Gulf Giants and Capri Global's Sharah Warriors have shown interest in acquiring WIPL clubs. ITT has also been acquired by the maker of sweets and snacks, Haldiram.
Those who have accepted the ITT include APL Apollo, Shriram Group, Nilgiri Group, Chettinad Cement, JK Cement, and AW Katkuri Group. The co-owners of the IPL team Delhi Capitals, GMR Sports and JSW Sports, each bought a separate tender.
Aside from Shah Rukh Khan, Juhi Chawla, and Preity Zinta, there are currently no other Bollywood celebs on the list of interested parties (current co-owners of IPL franchises).
According to Cricbuzz, Bollywood superstars have been discouraged from purchasing the franchise since the BCCI requires applicants to have a net worth of Rs 1,000 crore in order to submit a bid.
Which of the aforementioned companies is ultimately successful in acquiring the Women's IPL franchises will be an interesting development. Fans wouldn't be surprised if the current IPL franchise owners won the auction, as happened in South Africa's SA20, because all the franchises want to develop their brands in the women's division.