There are two English entities who may be interested in buying out the new franchises that may be up for grabs for the next season’s IPL. Currently, the IPL has eight teams vying for the top honours, but from the next season, there will be two more sides, and the bidding for the two will happen this year.
According to the chief of the IPL, Lalit Modi, the Marylebone Cricket Club is one of those who had expressed their interest of getting into a consortium and buying out the side. MCC chief Keith Bradshaw, however, did not confirm the same by saying that their efforts were now focussed on their ground redevelopment.
Apart from the MCC, according to Modi, the other entity interested in the ownership is a soccer club from UK. Later, Modi ruled out Chelsea, and Manchester United have also ruled themselves out. With Liverpool already in a lot of debts, it means that the one soccer club who could be showing their interest in the same could be Manchester City. However, the same has yet to be confirmed.
The base price for both the sides will be $225 million, which is more than two times the current price of the costliest franchise in the IPL. In fact, this is just the base price, which means that the cost of the franchise may go up if the bidders decided to.