The choice over including two new groups to the Indian Premier League (IPL) bandwagon is ready to be taken in the course of the Board of Management for Cricket in India’s (BCCI’s) Annual Common Assembly (AGM) on December 24.
Two new IPL teams in AGM
The IPL groups‘ challenge is listed within the discovering and agenda for the 89th AGM, which was circulated by secretary Jay Shah, late-night time on Wednesday.
“Approval on the inclusion of two (two) new group to the Indian Premier League
The style by which the merchandise has been phrased as one of many 23 factors on the agenda hints that it’s all however on condition that two new groups shall be added to the IPL fold forward of the 2021 version.
The BCCI hierarchy has been eager on including groups to the IPL combine for some time. A number of corporations have proven curiosity and the Board may even attempt to provide stake or a group to promoters of the now-defunct Kochi franchise as a compensatory measure.
The BCCI owes greater than Rs 5,000 crore to Kochi promoters after a court-appointed arbitrator dominated in opposition to the Board for wrongful termination.
An extended checklist of eligible venues was offered to the bidders in 2010. This time around, a pruned checklist shall be made accessible. A most of six venues – Ahmedabad, Kochi, Guwahati, Lucknow, Pune and Dehradun – are prone to be provided within the bid doc.
No less than three company giants – a Gujarat-based vitality agency, a Kolkata-based industrial conglomerate and an outstanding banker – are understood to be bracing themselves for getting into the bidding battle.
AGM venue unsure
The agenda doesn’t specify the venue of the AGM, thus implying that in case the venue is just not talked about, the assembly shall be held on the headquarters in Mumbai. However, if the federal government authorities in Maharashtra don’t give clearance for a congregation, the assembly could also be held at Ahemdabad, Kolkata or Chennai.