INDIAN STREET PREMIER LEAGUE (ISPL) CO-OWNERS OFFER A RECORD INR 1165 CRORES FOR SIX CITY TEAMS

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INDIAN STREET PREMIER LEAGUE (ISPL) CO-OWNERS OFFER A RECORD INR 1165 CRORES FOR SIX CITY TEAMS


The Indian Street Premier League (ISPL), India’s pioneering T10 tennis ball cricket tournament to be played inside a stadium, today announced the results of the ‘Invitation to Bid’ for the co-owners of the six teams in the ISPL. city. The enthusiastic response from bidders reached a record high of INR 1165 cr. being bid for all six city teams with Akshay Kumar’s Srinagar team getting the highest bid of Rs.251 cr. of Mr. Sanjay Gupta and SG Sports Pvt. Ltd. of Mr. Rohan Gupta. Limited.

The other winning bids were 225 cr. from Mr. Venkat K Narayana’s KVN Enterprises LLP to Hrithik Roshan’s Bangalore team; 205.6 rupees. from Ms. Neeti Agrawal’s PATH India Ltd. to Amitabh Bachchan’s Mumbai team; 200 rupees. from Mr. Irfan Razack’s INR Holdings to Ram Charan’s Hyderabad team; 163.6 rupees. from Mr. Rajdipkumar Gupta and Mr. Sandipkumar Gupta for Suriya’s Chennai team; and Rs 120 cr. from Aspect Global Ventures Pvt. Ltd. by Ms. Aksha Kamboj. Ltd. for Saif Ali Khan and Kareena Kapoor’s Kolkata team.

Master Blaster Sachin Tendulkar, investor and central committee member of ISPL, said: “The co-owners will play an important role in realizing ISPL’s core vision of encouraging and finding emerging cricket talent through a professional league format with a tennis ball. I wish you all the best as you embark on this new partnership with the game!

ISPL Central Committee Member Ashish Shelar said, “It is a privilege for us to welcome the co-owners to the ISPL family. I am sure you will treasure the journey as together we transform the game of T10 cricket in India and take it to new heights!

Amol Kale, ISPL Central Committee Member, said: “The enthusiastic response to the ‘Invitation to Bid’ has given us confidence that the unique format of the ISPL T10 league, bringing together sports and entertainment, will attract a large audience. . We hope the new co-owners contribute to the success of the league!

ISPL Commissioner Suraj Samat said: “We are pleased to welcome the new co-owners on board the ISPL Cricket League. “I can promise that all stakeholders, along with the superstar celebrity owners, will enjoy a spectacular cricket experience that is the first of its kind in the country.”

The “Invitation to Bid” (ITB) had a base price of INR 10 Lakhs and the final bids stood at INR 1165.2 cr. They are a testament to the strength of the format and its potential to create an exciting new brand in world cricket.

The inaugural edition of ISPL will see the first matches of the series played between March 6-15, 2024 in Mumbai, adding a touch of entertainment to the game of cricket!