Reports: Manchester United eyeing to buy one IPL team during the mega auctions

The BCCI also extended its deadline of October 5 tender auctions for Manchester United owners

Chennai Super Kings
Chennai Super Kings (Image Credit BCCI/IPL)

The Indian Premier League(IPL) 2022 will be a 10 team event. The Board of Control for Cricket in India (BCCI) had earlier announced the auction of two new IPL teams. It had also set an average turnover of 3000 crores for the buyers to purchase it. The auction of these two new teams will take place soon but if reports are to be believed then Manchester United, one of the most popular football clubs in the English Premier League (EPL) is eyeing to buy one of the IPL teams.

If a report in Times of India is to go by, then the Glazer family, the US-based owners of the Manchester United have picked up the Invitation To Tender (ITT) proposed by the BCCI through a private firm. Also, the sources in the know said it is because of the interest shown by Manchester United owners that BCCI pushed tender date from October 5.

Initially, the BCCI were keen with a set cap of 2500 to 3000 crores for the potential bidders, but few of the prospective buyers didn’t like this high budget and have requested to BCCI lower the amount. The board recently reworked the average turnaround clause.
“So, technically, overseas investors are eligible to submit a bid if they meet these conditions. We don’t really know whether Manchester United owners will come to the bidding table. What we certainly know is that they’ve shown interest,” the Times of India report added.

Earlier, the BCCI also hinted that the two new IPL teams will be from the Northern part of India as it wanted to expand those regions. Reports also emerged that Kolkata-based RP-Sanjiv Goenka Group and Hyderabad-based and Aurobindo Pharma Ltd are showing an interest to by one of two new IPL teams.

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