 "It must have to pay for an IPL team, which crore, Know Ditcail")
The 18th season of the Indian Premier League (IPL) is beginning on March 22. The first match of the IPL will be played between Kolkata Knight Riders and Royal Challengers Bangalore. Let you know that IPL is the largest and most expensive tournament in the world of cricket. This is the price of the participating teams in thousands of crore crore. Big companies bids to buy these teams. The question now is whether someone can buy auction teams in IPL? Where is auction and how much money and stake do you need to buy the team?
IPL teams are developed to buy bids: The most expensive tournament of cricket play 10 teams in IPL. These teams have an auction process to buy is a little special. Whenever the IPL is a new team or the owner of the team change, an auction is organized. This auction is often in Mumbai or Delhi. In it, large investors and companies bids the most bidding person or the company owned ownership rights.
BCCI has to get permission from
Let it tell you that investors need permission from BCCI to participate in the auction to purchase the team in IPL. Meanwhile, you will also have to show your financial situation, after which the BCCI decides to take part in auction. Let you know that a large amount is required to run an IPL team. Therefore, the initial investment of Rs. 1500 crore may be required. In addition, if you are bidding for the successful teams like Mumbai or Chennai, your pocket should be Rs 5,000 to Rs. 5000 crore.