Monday, March 22, 2010

5 Bidders for 2 New IPL teams,Result on Sunday

Two weeks after the tender process was cancelled due to poor response,the race to own two new IPL teams has well and truth heated up..
five bidder has lined up by 5PM on friday,the cut off time for submission of bid,to qualify for auction which takes place on sunday morning,top BCCI source said...
the source said among the intersted parties,WHO HAD SUBMITTED THE PRE-QUALIFICATION DEMAND OF DRAFT RS 46 CRORE WERE VIDEOCON,SAHARA INDIA,THE ADANI GROUP AND A PUNE CONSORTIUM OF CYRUS POONAWALA AND AJAY SHRIKE..
some of these corporates may be participating through other holding companies..
The bid will be opened in chennai on sunday morning and the afternoon,the winners will be announced,sources said,the new owners will join the IPL bandwagon in the 2011 season...

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