5 big ‘players’ in the running | cricket | Hindustan Times
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5 big ‘players’ in the running

Had it not been for the infighting in the Board of Control for Cricket in India (BCCI), Ahmedabad and Pune, owned by the Adani Group and a consortium led by Videocon, respectively, would have been added as the two new Indian Premier League (IPL) franchises two weeks ago.

cricket Updated: Mar 20, 2010 23:20 IST
HT Correspondent

Had it not been for the infighting in the Board of Control for Cricket in India (BCCI), Ahmedabad and Pune, owned by the Adani Group and a consortium led by Videocon, respectively, would have been added as the two new Indian Premier League (IPL) franchises two weeks ago.

But that was not to be. As a result, the wait is on for the tenders, for the two new franchises, to be opened in Chennai on Sunday.

After contemplating on whether to file a fresh tender, the Videocon consortium, which also includes actors Saif Ali Khan, Kareena Kapoor and Panchshil Realty’s Atul Chordia, have decided to be a part of the process. And this time, HT has learnt that the consortium will not just bid for Pune, its first preference, but will also submit a bid for Ahmedabad along with a "secret partner".

Videocon and Co won’t be the only ones bidding for Pune. City Corporation Limited, a Pune-based real estate group led by Anirudhha Deshpande, has submitted its bid.

It is expected that Deshpande is likely to be joined by a family member of Union Minister Sharad Pawar and industrialist Cyrus Poonawalla and Civil Aviation Minster Praful Patel in the consortium.

As expected, the Sahara and Jaypee Groups are also expected to submit their bids on Sunday morning. The Adanis are expected to present a bid, much higher than the base price of $225 million, for the Ahmedabad franchise.

It was learnt that in all, 14 bid documents, priced at Rs five lakh each, were purchased.

In short, the Adani Group, Videocon, Jaypee Group, Sahara, a consortium led by City Corporation are the frontrunners.