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The Board of Control for Cricket in India (BCCI) on Monday announced that RPSG Ventures Ltd. and Irelia Company Pte Ltd. (CVC Capital Partners) have won the ownership rights of Lucknow and Ahmedabad teams in the Indian Premier League (IPL). The RPSG Ventures Ltd. were awarded Lucknow as their home base with a winning bid of a whopping Rs 7,090 crore. CVC Capital Partners took Ahmedabad as its home base with a second-highest bid of Rs 5,625 crore.

RPSG and CVC Capitals win Lucknow, Ahmedabad bids for new IPL teams

On Wednesday, BCCI treasurer-elect Arun Dhumal had said that the matches of the IPL will be according to schedule. The league will be played from..

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RPSG and CVC Capitals win Lucknow, Ahmedabad bids for new IPL teams

IPL 2020: After Suresh Raina, Harbhajan Singh pulls out of IPL , hints not everything is fine in CSK camp