Mumbai Cricket Association (MCA) will conduct the inaugural Mumbai Premier League (MPL) in the first week of January next year. MCA's managing committee took a final call on organising the T20 tournament after receiving proposals from four firms to run the six-team league. "Four interested firms were invited today for their final offer and IIFL Group/Associates and Wizcraft presented a proposal of R16 crore for five years to run this league. It is a very good offer and there was a vast financial difference as compared to the other proposals. Hence, we decided to go with them [IIFL Group/Associates and Wizcraft]," said MCA sources.

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