The Board of Control for Cricket in India (BCCI) on Saturday announced the release of Request for Proposal for Title Sponsorship Rights for Women’s Premier League Seasons 2023-2027. “The BCCI is inviting bids from reputable entities to acquire the title sponsorship rights for Women’s Premier League Seasons 2023-2027,” said a statement from the sport’s governing body in the country.
The detailed terms of the tender process, including eligibility requirements, a process for submitting bids, rights and obligations of the main sponsor, etc. are contained in the ‘Request for Proposal’ (RFP) which will be made available upon receipt of payment of a non-refundable fee of INR 1,00,000 (Indian Rupees One Lakh Only) plus any applicable Goods and Services Tax. The procedure for obtaining the RFP documents is set out in Annex A to this notice. The RFP is on sale until February 9, 2023.
Interested parties are requested to email the details of the payment for the purchase of the RFP to [email protected], following the procedure set out in Annex A. It is clarified that the RFP documents will only be shared upon confirmation of payment of the non-refundable RFP fee.
Any interested party wishing to make a bid must purchase the RFP. Only those who meet the eligibility criteria set out in the RFP and are subject to the other conditions set out therein are eligible to bid. It is clarified that just buying the RFP does not entitle anyone to bid.
BCCI reserves the right to cancel or change the bidding process at any stage and in any way without giving reasons.
Earlier on Wednesday, BCCI announced the successful bidders of the Women’s Premier League.
BCCI received a total bid of Rs 4669.99 crore for women’s IPL in 2008, which is more than men’s IPL.
The Adani Group, Capri Global and the owners of the men’s IPL teams Mumbai Indians, Delhi Capitals and Royal Challengers Bangalore have won bids to buy the five women’s IPL teams following the auction held ahead of the debut season of the tournament, which will be held in March this year.
The teams’ respective home bases are Mumbai, Delhi, Bangalore, Ahmedabad and Lucknow. No women’s IPL teams from Chennai and Kolkata.
The auction, which took place in Mumbai earlier today in which the winners were announced after opening sealed bids, raised a record Rs 466.99 crore for the BCCI.
BCCI’s secretary Jay Shah confirmed the news and shared a tweet about the announcement.
“Today is a historic day in cricket as the bidding for teams from the inaugural #WPL broke the records set in the inaugural men’s IPL in 2008! Congratulations to the winners as we collected a total of Rs 4669.99 cr.
This marks the beginning of a revolution in women’s cricket and paves the way for a transformative journey ahead, not just for our female cricketers, but for the entire sporting association. The #WPL would bring needed reforms to women’s cricket and would ensure an all-encompassing ecosystem that benefits every stakeholder. The @BCCI has named the league as Women’s Premier League (WPL). Let the journey begin,” tweeted Jay Shah.
The player auction will be held in the first week of February and the auction price will be Rs 12 crore (approximately USD 1.46 million) per franchise.
(This story has not been edited by DailyExpertNews staff and is auto-generated from a syndicated feed.)
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