Explained Why The Ahmedabad New IPL Franchise Might Not Play In IPL 2022, News, Team Price, Owner, Expected Players And Captain

Explained Why The Ahmedabad New IPL Franchise Might Not Play In IPL 2022, News, Team Price, Owner, Expected Players And Captain

Season 15 of IPL could see the Ahmedabad Franchise owned by CVC Capitals not feature in 2022, know why, the latest news, team price, owner, expected player list, coach, captain

The league officially started by the Board Of Control For Cricket In India (BCCI) in 2007 is the most attended cricket league in the world. The leagues success could be counted by the fact that there has been continuous seasons of the championship since 2007, and all of them resulting profitable for BCCI and even contributing to India’s G.D.P.

BCCI early shortlisted 6 cities namely Ahmedabad, Lucknow, Cuttack, Guwahati, Ranchi and Dharamshala for competing at the Auction and this not the first time that IPL has announced its extension. Earlier the experiment has been done with Kochi Tuskar Kerala and Pune Warriors India but both of them were terminated later. So below here we discuss about the Ahmedabad New IPL Franchise Team Price Value and other details:

Explained What Is The Latest News Of The Ahmedabad Team And Will The BCCI Allow It To Play In IPL 2021

The BCCI are set to reveal the status of the Gujarat based team which was bought by the CVC Group to partake in the showpiece league starting IPL 2022.

Although the group ended p paying a staggering Rs.6,000 for the side, the team could end up never seeing the face of the Indian Premier League. The CVC Group has a string of investments in betting based companies in the UK, something the BCCI has approached a retired Supreme Court judge to seek advice over.

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Just 48 hours after CVC Sports had bought the Ahmedabad team for ₹5,625 crores, legal questions rose with CVCCP questioned for business with international betting firms. However, with CVC Asia which bought the franchise not having link to betting companies, the BCCI is set to give the go ahead to the side.

“CVC has two funds, European funds and Asian funds. While its European funds have links with (sports) betting companies, where betting is legal, its Asian fund is clean. And they invested from their Asian fund. That’s the understanding. Still, the BCCI is likely to form a committee in a few days to be doubly sure,” a BCCI board member who had attended the AGM said.

Incase, the BCCI decides against having the CVC Group as the owner, rebidding is set to take place with the governing council set to reject the tradition of handing over the team to the second highest bidder.

Ahmedabad New IPL Franchise Team Price Value

IPL is just not another cricket league so it was pre-determined that the team auction is going to set some heights and so did happened . The Ahmedabad Franchise owned by the CVC Capital , a private equity and investment advisory firm won the bid at Rs.5,625cr (over $692 Million) which is Rs.3,625cr more than what was the base price at the auction.

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Owner Name Of The Franchise

CVC Capital is a world leader in private equity and credit with around $125 Billion assets and $165 Billion of funds with in it, established in 1981. The company is not only limited to India but has established itself all across the globe with 16 of its offices in Europe and America region and 9 across the Asian area. Not only this but also the company owns a credit platform named as CVC Credit Partners which is itself worth $29 Billion.

Expected Captain Of The Ahmedabad Team In IPL 2022 And Coaching Staff

The team is likely to be under the coaching of Ravi Shastri, Bharat Arun and R Sridhar for the 15th season of IPL. With new rules allowing each team only 4 to be allowed to retain, many big names have moved out of the teams giving each team to build a strong team from their grassroots. Here is a probable list of Captain for the Ahmedabad Franchise :

  • K.L Rahul
  • Shreyas Iyer
  • Dinesh Kartik
  • Ben Stokes
  • Aaron Finch

The team is expected to name its captain after the mega auction, stay tune for the latest updates.

Also Read : IPL 2022 Mega Auction Date, Time, Schedule, All Retained Players List, Salary Purse, Rules, Format

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