New Delhi. The BCCI is working fast on the plan for the proposed Women’s IPL in March next year. The first season can be played between 5 teams. However, who will these five teams or franchises be, what will be their names? It is not clear yet. But, a big information about Women’s IPL is definitely coming out. According to the report of News 18, the BCCI has decided to keep the base price of Rs 400 crore to buy the franchise. Indian Cricket Board will issue tender for five teams.
Let us tell you that the BCCI has fixed the base price of the women’s IPL franchise keeping in mind the price of the most expensive franchise sold in the first season of Men’s IPL in 2007-08. Mumbai Indians was the most expensive franchise in the first season of IPL in 2008. Then this franchise was auctioned for US $ 111.9 million (about Rs 446 crore).
BCCI expects that one thousand to 1500 crore rupees or even more can be obtained from a franchise of Women’s IPL. That is, through the auction of 5 franchises, the Indian Cricket Board can get 6 to 8 thousand crores. A source close to this development told News18 that the highest bidder in the franchise auction will buy the team. She will pay the ownership fee (ownership fee) to BCCI in equal installments in 5 years and like Men’s IPL, the ownership of the team will be hers forever.
The base price of the franchise is lower than the men’s IPL
If the US dollar price 15 years ago is taken into account, the base price of Rs 400 crore fixed by the BCCI to buy a women’s IPL franchise is slightly less than in 2008. Because in the 2008 IPL, the most expensive franchise Mumbai Indians was auctioned for Rs 446 crore.
No preference for existing franchise owner
BCCI has asked the owners of the Men’s IPL team to participate in the auction. But the tender process is open to all investors who fulfill the minimum eligibility criteria of BCCI. They can enter the auction to buy the women’s IPL franchise. That is, BCCI has not given any preference to the owners of the Men’s IPL franchise.
The BCCI has not given any guarantee that what will happen if the bid of the current IPL franchise owner and the new investor remain the same. Will BCCI give any preference to the existing franchise owner? However, if BCCI is not giving preference to the existing franchise owner, then it will not be a very profitable deal for him. this is due to.
Running a Women’s IPL franchise will definitely be a loss-making deal for some time
If the existing IPL franchise owners were given preference in the auction of the Women’s IPL franchise, then in that case they could spend the profits from the Men’s IPL team on the infrastructure, facilities of the women’s IPL team. But, for a new investor, running the Women’s IPL franchise will definitely be a loss-making deal for some time.
Let us tell you that women’s cricket league is already played in Australia and England. The Women’s Big Bash League was started in Australia 6 years ago. Women’s Hendred League (100 ball matches) was also started in England last season.