Lancer Capital, Avram Glazer’s Principal Is One Of 22 Entities To Have Picked Up Bid Documents For 2 New IPL Franchises
BCCI Set A Base Price Of Rs. 2000 Crores For Each Of The Two New Franchises
Ahmedabad and Lucknow cities are front-runners to have a new IPL franchise represent them in the cash-rich T20 league, sources close to the bidding process have said. Indian multinational conglomerate Adani Group is tipped to bid for a franchise from Ahmedabad. At the same time, the Glazer Family, owners of Premier League giants Manchester United, have also picked up bidding papers, a top BCCI official in the know of developments said.