The Women’s IPL bids, which were eagerly anticipated, generated a lot of noise when Adani Sportsline Pvt. Ltd. won the Ahmedabad franchise for the highest bid of Rs. 1289 crores. Indiawin Sports Pvt. Ltd., the sports division of Reliance Industries Limited, placed the second-highest bid of Rs 919.99 crore for the Mumbai franchise. For Rs 901 crore, Royal Challengers Sports Pvt. Ltd. acquired the Bengaluru franchise. For the Delhi franchise, JSW GMR Cricket Pvt Ltd made an offer of Rs 810 crore. For Rs 757 crore, Capri Global Holdings Pvt. Ltd. obtained the franchise in Lucknow.
As a result, BCCI is now richer by INR 4669 Crore.
Jay Shah acknowledged on social media that it was a historic day and that BCCI had profited greatly from the five bids. Shah also affirmed that the Women’s Premier League will replace the Women’s IPL.
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Adani extends his sports investments
“The Indian women’s cricket team has been doing exceptionally well — and a cricket league for women is a significant step in creating more opportunities for women through sports,” said Pranav Adani, Director, Adani Enterprises.
The Gujarat Giants cricket squad in the future Women’s Premier League joins the family of successful teams owned by Adani Sportsline, including the Gujarat Giants in the Pro Kabaddi League and the Gulf Giants in the ongoing ILT20 in the UAE.
“Cricket is an inseparable part of the country’s fabric and Adani Sportsline was keen to begin their association with the sport with the inaugural edition of the Women’s Premier League. While I wish every other franchise the very best, I look forward to the Gujarat Giants standing out as the top team in this new, exciting league,” Pranav Adani added.
RCB held back foreign investments for Women’s IPL
While majority of the IPL teams invested in foreigns ventures like ILT20 and SA 20, RCB held back capital to invest in Women’s IPL team.
“We have been following women’s leagues very closely and our scouting team has set their eyes on women cricketers for some time now, as part of RCB Hinterland scouting system, and it gives us immense joy to see it all coming together for a team that sets to play for the inaugural edition of women’s IPL in the country.” Rajesh V Menon, RCB’s vice-president, said in a statement.