 "IPL 2021, IPl trophy")
Business tycoon Sanjiv Goenka and international equity investment firm Irelia Company Pte Limited (CVC Capital) shelled out a combined Rs 12,715 crore (approx $1.7 billion) to win the bids for two new IPL teams, a windfall that far exceeded BCCI's expectations, here on Monday.
The BCCI was hoping for a cumulative bid in the range of Rs 10,000 crore but to their surprise, earned Rs 7,090 crore from Goenka's RPSG Group for the Lucknow franchise, while CVC capital forked out Rs 5,625 crore for the Ahmedabad team. The two new sides will take part in the 2022 IPL. The mega auction
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