The two new IPL teams will be based in Lucknow and Ahmedabad

IPL

Two New IPL teams arrived- Bids are announced following a six-hour bidding process; Two business houses – RP Sanjeev Goenka Group (RPSG) and CVC – have offered a startling sum of money for the two new IPL franchises, which will be considered as a watershed moment in the business of cricket. Adani and Glazers are among those famous businesses that did not receive a proposal for new teams in IPL. RPSG paid INR 7000 crore for the Lucknow franchise on Monday at a walk-in bidding event, while CVC, a private equity…

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