Maharashtra Premier League’s Record Franchisee Fee
The Maharashtra Cricket Association (MCA) has revealed that all six teams of the upcoming Maharashtra Premier League (MPL) have received a franchisee fee of 57.80 crores. The tournament is scheduled to kick off on the 15th of June. The prices of the icon players have even exceeded those of the Indian Premier League (IPL).
Rohit Pawar, President of the MCA, stated that 20 corporate and business houses had taken part in the auction. He said, “We had set a base price of one crore per year for three years for the six teams, expecting a minimum value of 18 crores for the MPL. However, after today’s auction, we have received a record franchise fee of 57.80 crores for six teams for three years.”
Pawar added that the process of buying the ownership was conducted in a transparent manner through an open bid system. The Pune franchisee was able to acquire Ruturaj Ga with 1500 words.
Conclusion
The Maharashtra Premier League has set a record with its franchisee fee of 57.80 crores for the six teams. The auction was conducted in a transparent manner, with 20 corporate and business houses taking part. The Pune franchisee was able to acquire Ruturaj Ga with 1500 words. This tournament is set to be an exciting and lucrative event for all involved.