Mumbai: Bollywood superstars and star couple, Ranveer Singh and Deepika Padukone are all set to bid for one of the two new IPL teams for the upcoming season. The bidding process is scheduled to take place on October 25 in Dubai.
IPL has already witnessed the presence of stars from the Indian film industry. Preity Zinta and Shah Rukh Khan are associated with the Punjab Kings and Kolkata Knight Riders since the inception of the IPL back in 2008.
Both Deepika and Ranveer are associated with sports. Deepika has a sports background with her father Prakash Padukone being a former All England badminton champion. Ranveer, on the other hand, is the brand ambassador of the NBA, a popular basketball league. He has also been involved with EPL teams.
A number of companies from around the world are said to be taking part in the star-studded bidding process. Earlier, the Board of Control for Cricket in India extended the deadline for bidders to Wednesday, October 20.
According to media reports, a corporate giant in India has backed Manchester United, whose et debt increased to 455 million GBP during the COVID-19 pandemic.
“The BCCI is not keen to give the rights to an off-shore company and will prefer Indian buyers but power equations can change the script dramatically,” the source was quoted as saying, Outlook reported.
The results of the bidding will be declared a day after the T20 World Cup 2021 match between India and Pakistan at the Dubai International Cricket Stadium.
“Although it is a closed bid, we are expecting a fair and transparent process. The only hodgepodge could happen in the verification/elimination stage but it is unlikely BCCI will adopt unfair means to favour particular companies,” a bidder was quoted as saying on condition of anonymity.