Indiantelevision.com > News Headlines > MCC not bidding for IPL franchise
   


 


 
Indiantelevision.com's News Headlines
 
MCC not bidding for IPL franchise
 

Indiantelevision.com Team

(5 March 2010 11:55 pm)

 

MUMBAI: Putting an end to all speculations, MCC announced today that it has not bid for either of the two new Indian Premier League (IPL) franchises.

In a statement MCC noted that “its best position lies in a broader relationship with the IPL as a whole."

Earlier, MCC CEO Keith Bradshaw had said that the club is interested in taking a stake in one of the two upcoming IPL franchises.

Bradshaw had even travelled to India, with committee trustee Anthony Wreford, to talk with potential consortium members.

However, MCC cleared today that post its committee meeting at Lord's, they won't be linking up with IPL.

"After a healthy debate and a thorough investigation, MCC's Committee has decided to uphold the recommendation of our working party not to proceed as an equity stakeholder in a new IPL franchise," Bradshaw said. "Having said that, we will continue to discuss other ideas with the IPL and, through their support of the MCC spirit of cricket campaign, maintain a close working relationship with them.”

MCC president John Barclay and head of cricket John Stephenson are scheduled to attend IPL3 opening ceremony in Mumbai on 12 March.

Meanwhile, the winning bids will be announced by IPL on 7 March. Adani Enterprises, Sahara Group (in consortium with Amitabh Bachchan), ICICI Ventures and Sun TV are some of the names doing the rounds, an industry observer said.

 
Go to Top
Click for Headlines Archives
Also Read: