On Tuesday, the Indian Premier League (IPL) chairman Brijesh Patel confirmed that TATA would replace VIVO as the main sponsor for the tournament’s upcoming edition (2022).
”Yes, TATA will replace Vivo as the title sponsor,” Patel said to the media.
Vivo even has 2-years left in its sponsorship deal with the league, and accordingly, during this period, Tata will continue as the main sponsor.
TATA to replace VIVO as IPL title sponsor next year: IPL Chairman Brijesh Patel to ANI pic.twitter.com/n0NVLTqjjG
— ANI (@ANI) January 11, 2022
Today’s bidding for ownership of the 2 new Indian Premier League (IPL) suffrages and the new teams and their buyer were published.
Owner Sanjiv Goenka’s RPSG group has acquired the rights for one franchise, while private equity fund CVC Capital has won the bid for the additional.
Two teams will be part of the IPL beginning from the 2022 season.
What is the name of 2 new teams in IPL 2022?
Of the two new teams that will play from IPL 2022, the first will be from Lucknow, while the other will be from Ahmedabad.
The Lucknow team will be the prime from Uttar Pradesh, while Gujarat has had the previous description in the IPL in the form of Gujarat Lions, who performed for 2-years in the lack of Chennai Super Kings (CSK) and Rajasthan Royals (RR).
Name of the owners of the two new teams in IPL 2022?
The RPSG Group has acquired the Lucknow team. RP-Sanjiv Goenka Group, more generally known as RPSG Group, had before owned Rising Pune Supergiant for the two years of its living.
RPSG Group is an Indian manufacturing and services conglomerate based in Kolkata.
CVC Capital Partners is a private equity and investment report firm with $125 billion of assets under control and $165 billion invested funds. This won’t be the initial time they will tinker in sport, having made a meaningful investment in the Formula One Group.
What prices are decided for two new teams in IPL 2022?
The RPSG group has reportedly gained the Lucknow franchise with a declaration(bid) of Rs 7,100 crore. At the same time, CVC money bid Rs 5166 crore for the Ahmedabad franchise.
What is the date the Mega Auction starts of IPL 2022?
The IPL 2022 Mega Auction begins to take place in December. Each team will be allotted four retentions, although the specific rules have not been officially declared yet.
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