Bharti Airtel and United Breweries have expressed interest in acquiring, respectively, the Delhi and Bangalore or Mumbai teams in the impending Indian Premier League (IPL) for Twenty20 cricket matches. |
A leading Indian private bank and another mobile operator that recently went public are also considering acquiring IPL teams, Board of Control for Cricket in India (BCCI) sources confirmed. |
Bharti executives confirmed the mobile service provider's interest in acquiring an IPL team. Vijay Mallya of United Breweries was not available for comment. |
Bharti executives are working on the details of the bids, which are likely to be invited through the BCCI's normal process of tendering. |
"Everything will be done through tenders. Those buying the teams will have a right to make their own teams," said Lalit Modi, chairman, IPL, and BCCI vice-president, adding, "There will be an auction for international players and a separate auction system for Indian players." |
The Indian Premier League, the BCCI's answer to Subhash Chandra's breakaway Indian Cricket League, is slated to have eight teams. |
It has already signed on 49 international players including Shane Warne, Glenn McGrath, Shoaib Akhtar, Shaun Pollock, Graeme Smith and Herschelle Gibbs. |
The Indian Cricket league, also a Twenty20 competition, initially comprises six teams. |
The eight franchise teams of the IPL will participate in a 56-game season. The four top teams will then play the semifinals, and the winners will contest in the championship match. |