BCCI richer by Rs 7000 crore thru IPL
The BCCI-powered Indian Premier League's franchises on Thursday sold out with Bollywood stars, entrepreneurs and business houses alike pumping in as much as Rs 7,000 crore for its eight teams.
Three groups — Future Group, ICICI Venture and Sahara Hospitality were disqualified, after which 11 companies remained in the race.
The BCCI earlier sold the IPL's media rights for over $1 billion.
The players will also be available in an EPL-style transfer window, enabling the teams to buy out players on their radar.
1 comment:
BCCI is minting money from every possible corner
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