MUMBAI: After terminating the Deccan Chargers, the BCCI has invited tenders for a new IPL team.
The tender notice for a fresh franchise invites bids for 12 cities: Hyderabad, Ahmedabad, Cuttack, Dharamsala, Indore, Kanpur, Kochi, Nagpur, Noida, Rajkot, Ranchi and Visakhapatnam.
Earlier, after a month long legal battle, Deccan Chargers lost their status as an IPL team after the Bombay High Court stayed the order of Arbitrator for maintaining status quo on the matter till further hearing.
The last date for submission of the bids is 25 October. Bids can be collected from today. Under this invitation to tender, the winning bidder will be granted the right to own and operate a new team which will compete in the IPL from 2013 onwards.
The BCCI has said that it has reserved the right to cancel or amend the entire bidding process at any stage and to reject any and all bids without proving any reason. Merely buying the tender document for Rs 500,000 does not entitle the purchase to bid. The bidding parties need to fulfill the eligibility criteria and other requirements mentioned in the tender document.