Sahara, Rendezvous Sports win bid for new IPL teams
Mumbai:The Sahara Group run by businessman Subrata Roy purchased
the Pune team and Rendezvous Sports bought the Kochi team on Sunday for the fourth edition of the cash-rich Indian Premier League (IPL) tournament. Five bidders took part in the bid for these two teams today. Indian Premier League Commissioner
Lalit Modi made the announcement that the Sahara Group has purchased the Pune
team and Rendezvous Sports purchased the Kochi team. It is reported that Sahara
Group purchased the Pune team for Rs 1702 crores, while Rendezvous Sports
bought
the Kochi team for Rs 1533 crores. Five bidders had lined up on Friday for
submission
of bids, to qualify for the auction, which took place today morning, a top BCCI
official said.
