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Women IPL 2023 Franchises: MI, CSK, KKR, SRH, PBKS, GT, DC, RR pick WIPL Team Tenders, bid submission on 23rd January: Follow LIVE Updates

Women IPL 2023 Franchises: MI, CSK, KKR, SRH, PBKS, GT, DC, RR pick WIPL Team Tenders, bid submission on 23rd January: Follow LIVE Updates

Women IPL 2023 Franchises – WIPL 2023 Teams Tender: As expected, the Indian Premier League teams will be the frontrunners to own the Women Indian Premier League (WIPL) teams. Not one but at this stage 8 IPL teams have picked tender to own and operate WIPL Franchise. Defending IPL champions Gujarat Titans, Delhi Capitals Chennai […]

Women IPL 2023 Franchises – WIPL 2023 Teams Tender: As expected, the Indian Premier League teams will be the frontrunners to own the Women Indian Premier League (WIPL) teams. Not one but at this stage 8 IPL teams have picked tender to own and operate WIPL Franchise. Defending IPL champions Gujarat Titans, Delhi Capitals Chennai Super Kings, Kolkata Knight Riders, Rajasthan Royals, Sunrisers Hyderabad, Punjab Kings all will be bidding for the WIPL Teams: Follow WIPL 2023 LIVE Updates & Indian Cricket LIVE Updates with InsideSport.IN

The remaining two teams, i.e Royal Challengers Bangalore & RPSG owned Lucknow Super Giants are also expected to join the race. The competition won’t end there. Their is a BUMPER interest in ownership of the WIPL Franchise. According to informed sources in BCCI, so far 15 companies have picked the TENDER DOCUMENT.

“Their is better than expected interest for the ownership of WIPL Team. 15 companies have already picked the tender, we now expect the figure to cross two dozen”, informed a source involved in the tender process.

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Women IPL 2023 Franchises: MI, CSK, KKR, SRH, PBKS, GT, DC, RR pick WIPL Team Tenders, bid submission on 23rd January: Follow LIVE Updates

WIPL 2023 Teams Tender: The BCCI will open the sealed bids on January 25 and will announce the winner of the franchises. Interested bidders have until January 13 to submit questions. January 23 is the deadline to submit the technical bids for evaluation, which the BCCI will conduct along with the Mumbai-based law firm Argus Partners.

The BCCI has listed 10 Indian cities and the venues in the tender, which allows a single party to bid for more than one city. There is no base price set, and bids will be accepted for a 10-year period (2023-32).

Manchester United Owners also interested: Manchester United football club owners Glazer Family is desperate to enter Indian cricket market. After failing to acquire IPL franchise last time, they are now determined to land a Women’s IPL team. The Glazer family has made its foray into cricket after acquiring Desert Vipers franchise in ILT20 league.

However, they refused to reveal whether they have picked up bid documents for WIPL franchise. BCCI will make the official announcement on January 25 following WIPL team auction. 

“Having bought into the ILT20, it is natural for us to look into other cricket opportunities around the world, including Women’s IPL,” Phil Oliver, CEO of Desert Vipers, told Cricbuzz.

WIPL 2023: BCCI offers LUCRATIVE 80% revenue share to WIPL teams for first five years, CSK, PBKS, RR all show interest in Women’s IPL franchise: Check out

Insidesport

Purchasing a bid document or Invitation to Tender is a must for purchasing a side in IPL or WIPL. However, InsideSport can confirm that Chennai Super Kings and multiple IPL teams have purchased bid documents for WIPL teams. January 21 is the last day to purchase ITT for WIPL.

“I can’t reveal the details of how far we are in that process but I am happy to say that we are looking into all opportunities, including the WIPL. The India market is of interest to us. A lot of Indian cricket fans will be watching this tournament and will see what the Desert Vipers will bring to that. If anything, we want to bring an exciting brand of cricket to the Indian fans, just as to our fans all around the world,” Oliver said.

Glazer Family unsuccessfully bid for both Lucknow and Ahmedabad franchises in 2021. However, they lost out to eventual winners CVC Capitals (Ahmedabad) and RPSG Group (Lucknow).

How will the bids be evaluated?

Among the eligibility criteria listed in the tender document, the BCCI has said the audited net worth of the bidder must be at least INR 1000 crore as of March 31, 2022.

Consortiums or joint-ventures companies, the BCCI has said, are not eligible.

The BCCI has included a key clause in the selection of the winning bid, saying it would not be “obliged to accept highest monetary offer”. This is similar to the clause the ICC had laid down when it sold media rights for women’s global events for the 2023-27 period last year.

The BCCI has stated it will look at the vision bidders have towards enhancing the profile and accelerating the growth of women’s cricket in India.

Listing the objectives it desired in a potential successful bidder, the BCCI said:

“establishing a stable, successful, financially secure, long-term Franchise to participate in the League; ensuring the widest coverage and the widest possible audience for the League; assisting in the development of the game of women’s cricket in India at all levels; maximizing and enhancing exposure, wherever possible, for each of the official sponsors of the League; increasing and enhancing exposure for women’s cricket in India both within India and the rest of the world.”

The BCCI has earmarked March as the window for the WIPL in the tender. While the BCCI has not formally announced the dates for the inaugural season, it is expected to start around March 5 and finish around March 23.

Base Price and WIPL Player Auction Rules

  1. The starting point for bidding will be among three “reverse pricing” categories (INR 50 lakh, INR 40 lakh, and INR 30 lakh) among the capped players.
  2. The hammer price at the conclusion of the bidding process will indicate the player’s agreed-upon rate for the contest.
  3. For uncapped players, the base fee comes in two varieties: INR 20 lakh and INR 10 lakh.
  4. The “Auction Register” will then be edited by the five yet-to-be-established franchises in accordance with the IPL’s present procedure to produce a “Auction List,” which will then be put up for bids.
  5. Those who don’t get chosen at the auction but are in the “Registered Available Player Pool” will have another opportunity to be chosen as replacement player (s).

WIPL Teams and Media Rights

Five Indian Premier League (IPL) franchises are keen to acquire WIPL 2023 teams. Punjab Kings, Kolkata Knight Riders, Chennai Super Kings, Rajasthan Royals, and Delhi Capitals have all expressed interest in funding a WIPL team.

Follow InsideSport on GOOGLE NEWS / Follow IPL 2023 & WIPL 2023 LIVE Updates with InsideSport.IN

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