Adani Groups enters Indian cricket, gets Ahmedabad franchise for women’s IPL for Rs 1,289 cr

The BCCI on Wednesday earned a Rs 4,669.99 crore windfall for the sale of five teams in the inaugural Women's Premier League (WPL) with Adani Sportsline shelling out a massive Rs 1,289 crore for the Ahmedabad team, which emerged the most expensive franchise.

IPL team owners Mumbai Indians, Royal Challengers Bangalore and Delhi Capitals made successful bids of Rs 912.99 crore, Rs 901 crore and Rs 810 crore respectively to enter the WPL.

Capri Global Holdings got the Lucknow franchise for Rs 757 crore.

"Today is a historic day in cricket as



the bidding for teams of inaugural #WPL broke the records of the inaugural Men's IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid," BCCI secretary Jay Shah tweeted.

Earlier this month, the BCCI sold the media rights of the Women's Premier League to Viacom18 for Rs 951 crore, getting a Rs 7.09 crore per match value for five years.

Adani Group, which had failed to buy an IPL team when the Lucknow and Ahmedabad franchises were up for sale in 2021, has made its official entry into Indian cricket by securing a women's team for WPL.