The BCCI (Board of Control for Cricket in India) invited bids for a new IPL team following the termination of the Deccan Chargers franchise. The bids have been invited with respect to 12 cities, including Hyderabad where the owners of the Deccan Chargers franchise were based. The others are Ahmedabad, Cuttack, Dharamsala, Indore, Kanpur, Kochi, Nagpur, Noida, Rajkot, Ranchi and Vizag.
The termination of the Deccan Chargers franchise was confirmed on Saturday when the Bombay High Court rejected its independent arbitrator’s ruling that the BCCI’s decision to dissolve the franchise be stayed.
Deccan Chargers was shown the door last month for several reasons, including non-payment of fees and other issues but Deccan Chronicle Holdings challenged the decision in Bombay High Court to get temporary relief before the termination was confirmed on Saturday. Sri Lankan stumper-batsman Kumar Sangakkara captained the team in the 2012 edition of the IPL.
The Board of Control for Cricket in India (BCCI) invited bids for a replacement.
“Under this invitation to tender, the winning bidder will be granted the right to own and operate a new team which will compete in the IPL in each year from and including 2013 onwards and will have the opportunity (if applicable and subject to qualification) to compete in each and any CLT20 which is staged from 2013 onwards.” The deadline for submitting the bids is noon on October 25.
The bids must be submitted at 12.00 noon on October 24.
The winning bidder will be granted the right to own and operate a new team which will compete in the IPL in each year from 2013 onwards and will also have the opportunity to compete in any Champions League T20 tournament staged from 2013 onwards, said BCCI in a release, said the release quoting Sanjay Jagdale, Honorary Secretary, BCCI.