Women IPL 2023: Five Indian Premier League (IPL) franchises are very interested in buying teams in WIPL 2023. WIPL will have its maiden season later this year. Notably, on Tuesday, BCCI announced the publication of a tender for the right to own and run a franchise in the Women’s Indian Premier League. Chennai Super Kings, Rajasthan Royals, Delhi Capitals, Kolkata Knight Riders, and Punjab Kings have now confirmed their interest in investing in a team in WIPL. Follow InsideSport.IN for LIVE updates about Women Indian Premier League 2023 with InsideSport.IN
Women IPL 2023: CSK, RR, DC, KKR, PBKS very interested in buying Women’s IPL Teams, will pick WIPL Franchise Tender documents: Follow LIVE Updates
BCCI announces release of Invitation to Tender for the right to own and operate a team in Women’s Indian Premier League.
More details here – https://t.co/NamwGwjjDi
— IndianPremierLeague (@IPL) January 3, 2023
CSK have already started the process of buying the ITT document.
“We’ve applied to buy the bid document. Now we’ll have to find out about the economics of it. We are interested. If CSK doesn’t have a women’s team, it may not look good. We’d like to promote women’s cricket,” CSK CEO Kashi Viswanathan told TOI.
“We are picking the bid document,” confirmed Rajasthan Royals chairman Ranjit Barthakur.
According to a source, the BCCI has not set a base price for buying a team.
“It seems BCCI has not kept a base price to buy a team in WIPL, which is a wise decision. If you keep a very high base price, you will scare off potential investors,” a source told TOI.
“I think everyone is smart enough not to want to lose money. They may not mind some loss, but not heavy losses. If the base price is, say Rs 400 crores, teams would lose Rs 50-80 crores per year, and I can’t imagine anyone having the appetite for that,” said a source.
The first week of March is most likely when the WIPL’s debut season will take place, prior to the start of the IPL. There will be five teams. Although it couldn’t be verified, Mumbai, which has three excellent venues, may conceivably host the entire league.
How to pick the WIPL TENDER?
The detailed terms and conditions governing the tender process including eligibility requirements are contained in the ‘Invitation to Tender’ (“ITT”). The ITT can be bought with payment of a non-refundable fee of INR 5,00,000.
The process for submissions of bids, proposed team’s rights and obligations, etc. are contained in the ITT document. The ITT will be available for purchase till January 21, 2023.
Interested parties are requested to email the details of payment made for the purchase of the ITT to wipl.teams@bcci.tv , as per the procedure laid down in Annexure A. It is clarified that the ITT documents.
