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#New IPL Teams : The Cash Rich league To Be 10 Team Affair In 2022 With Lucknow And Ahmedabad Joining The Bandwagon

Picture : Twitter / IPL

Kolkata-based business tycoon Sanjiv Goenka’s RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5625 crore offer as the eagerly-awaited two new IPL teams were unveiled in Dubai.

Goenka was one of the favourites to win a team after having been in the IPL for two years in 2016 and 2017, when he owned the Rising Pune Supergiants.

“BCCI is pleased to announce the following successful bidders (subject to definitive documentation and other formalities being completed):

1. RPSG Ventures Ltd. – Lucknow (for Rs 7090 crores)

2. Irelia Company Pte Ltd. (CVC Capital Partners) – Ahmedabad (for Rs 5625 crores),” BCCI said in a media release.

With the addition of the two new teams, the IPL 2022 season will comprise ten teams and will have 74 matches, wherein each team will play nine home and nine away matches, it further added.

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