Fans React After The Addition of Lucknow And Ahmedabad Franchises In IPL
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Fans React After The Addition of Lucknow And Ahmedabad Franchises In IPL

IPL

The Indian Premier League (IPL) is now a 10-team tournament. The BCCI has officially announced the addition of two new franchises — Ahmedabad and Lucknow.

Well, on 25th October, closed bidding was held by the BCCI for the new IPL 2022 teams. Two corporate giants – RP Sanjiv Goenka Group (RPSG) and CVC Capital Partners (Irelia Company Pte Ltd) – have bid a staggering sum of money, running over 12,715 crores (approx USD 1.7 billion), to buy the two new IPL franchises.

While RPSG paid INR 7090 crore to buy the Lucknow franchise with CVC, on the other hand, CVC bought the Ahmedabad franchise for INR 5625 crore (USD 750 million approx).

Announcing the arrival of two new teams, the BCCI made an official statement, that read: “BCCI is pleased to announce the following successful bidders (subject to definitive documentation and other formalities being completed): RPSG Ventures Ltd. – Lucknow (for INR 7090 crores), Irelia Company Pte Ltd. (CVC Capital Partners) – Ahmedabad (for INR 5625 crores).”

The statement continued:

The new franchises will participate in IPL from 2022 season onwards subject to the bidders completing the post-bid formalities as specified in the ITT document. The IPL 2022 season will comprise of ten teams and will have 74 matches, wherein each team will play 7 home and 7 away matches.”

Meanwhile, fans on social media were left stunned by the intense bidding that took place for new IPL teams and took to Twitter to express their thoughts regarding the same. People from Ahmedabad and Uttar Pradesh were thrilled to get their own teams for the first time in IPL history and expressed their feelings on social media. There were many who came up with hilarious memes and jokes while reacting to the news.

Here, check out the reactions of Twitterati on this:

 

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