00:00 IPL 2024 has started.
00:08 The franchise cricket league organized by BCCI, IPL is a popular league.
00:14 You must have seen that big businessmen and actor-actresses own IPL teams.
00:20 If you have a question in your mind that can you also buy an IPL team,
00:25 then we will answer that question in this video.
00:28 If someone wants to own an IPL team, how much investment and how much expense will he have to make?
00:35 IPL is the biggest and second biggest league in the world of cricket.
00:39 The popularity of IPL which started in 2008 is increasing every year.
00:43 And this is the reason why it is a main source of earning Rs. 56,000 for BCCI every year.
00:50 Now let's know who can buy.
00:53 Anyone can buy a team in IPL, provided you have enough money.
00:58 There are 10 franchises in IPL.
01:01 The owner of the franchise is chosen through auction.
01:05 The company that bets the highest gets the right to own the franchise.
01:09 Here one thing to keep in mind is that only those companies can participate in the franchise auction whose valuation is more than Rs. 3000 crores.
01:19 Earlier, when AASH teams used to participate in the league and when BCCI decided to expand this league,
01:26 they had issued an invitation tender to include two more teams.
01:31 In 2022, two teams were added to the list, Gujarat Titans and Lucknow Supergiants.
01:36 This brought Rs. 12,500 crores to the pocket of BCCI.
01:40 Lucknow Supergiants were bought by RSPG Group for Rs. 7,070 crores.
01:46 Gujarat Titans were bought by CVC Capital Partners for Rs. 5,625 crores.
01:52 Many big names are included in the list of IPL franchise owners.
01:56 Like Mukesh and Neeta Ambani's Mumbai Indians,
01:58 actor Priti Jinta's Punjab Kings,
02:01 and King Khan's Kolkata Knight Riders.
02:05 Shah Rukh Khan bought the franchise for Rs. 75.09 million, i.e. more than Rs. 570 crores.
02:13 Similarly, Mumbai Indians have 100% shareholder Neeta Ambani and Mukesh Ambani.
02:18 Neeta Ambani bought this team for Rs. 916 crores in 2008.
02:23 If we talk about IPL analysts and experts,
02:26 they hope that the base price for the new IPL teams starts from Rs. 17-19 crores.
02:32 And the last price can go from Rs. 2200 crores to Rs. 3000 crores.
02:38 BCCI has said that the base price is definitely above Rs. 1500 crores.
02:43 If the team is wanted by 5-6 people,
02:47 then its value can reach from Rs. 4000 to Rs. 5000 crores.
02:53 The ownership of the IPL team can be an attractive investment.
02:57 The report shows that the team's owners can earn up to Rs. 150-200 crores in the first 10 years.
03:04 So this was some investment and some expenses that we told you that
03:09 if you want to start an IPL team, how much expense can you have to do.
03:14 That's all in the video, how did you like the information, do tell by commenting.
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03:26 [MUSIC]
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