The news which everyone had been waiting for a few days had finally arrived. Two new IPL franchises have been picked for the coming IPL season by BCCI. Many rumors were circulating about the bidding, huge names were revealed eyeing for an IPL team. Finally, it was announced that Ahmadabad & Lucknow are the two new teams.
Lucknow franchise had been claimed by RPSG group owned by Sanjiv Goenka with a bid of Rs 7090 crore. Ahmedabad franchise was acquired by CVC Capital for a bid of Rs 5625 crores. As per our reports, there were a total of 10 parties involved in the bidding.
With the arrival of 2 new teams, the entire landmark of the IPL will change. The mega auction will see huge jumps and marquee signings.
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