Today will be a landmark day for the Indian Premier League as two new teams will be announced to join the existing eight in next year's edition of the tournament
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Rs 1,150 crore for an IPL team?
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Today will be a landmark day for the Indian Premier League as two new teams will be announced to join the existing eight in next year's edition of the tournament
The second team is expected to be owned by a consortium comprising of a politician and individuals who have strong political links.
Meanwhile, the Marylebone Cricket Club has pulled out of the race. "After a healthy debate and a thorough investigation, MCC's Committee has decided to uphold the recommendation of our working party not to proceed as an equity stakeholder in a new IPL franchise." Bradshaw said. "Having said that, we will continue to discuss other ideas with the IPL and, through their support of the MCC spirit of cricket campaign, maintain a close working relationship with them."
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