The Indian Premier League (IPL) could soon see some Manchester United flavour as the Red Devil owners’Glazer family are reportedly keen to buy one of the two new teams IPL teams that will take part in the tournament in 2022.
According to a reports,
the Glazer family have picked up the Invitation to Tender (ITT) document from the Board of Control for Cricket in India (BCCI) for the procurement of the two new teams for the upcoming season of the cash-rich league.
The ITT does allow foreign companies to own a team however they must to set up a company in India if their bid is successful.
It is not known yet whether the US-based Glazers will make a formal bid to own a franchise.
“A lot of people usually pick these tender documents to study and gather information that tends to be otherwise very useful from a larger industry perspective.
For instance, buying a bid document will tell me more about what the BCCI is planning next,
in terms of the league expansion, etc.
For instance, if Disney has bought the tender document to buy the franchise,
it doesn’t mean Disney is interested in owning a franchise.
It will study the document because it has to plan its own media rights landscape,”
said an official.
Alongside Manchester United, the Glazers also own the Tampa Bay Buccaneers in the US-based National Football League (NFL).
Amongst others to have picked up the invitation are Adani Group, Torrent Pharma,
Aurobindo Pharma, RP-Sanjiv Goenka Group, Hindustan Times Media,
Jindal Steel (led by Naveen Jindal),
entrepreneur Ronnie Screwvala and three private equity players.
The deadline to obtain the ITT document was 20th October and teams are bid submissions are said to be made on the 25h October.