IPL New Teams: RPSG, CVC make winning bids for Lucknow & Ahmedabad
Business tycoon Sanjiv Goenka and international equity investment firm Irelia Company Pte Limited (CVC Capital) shelled out a combined Rs 12,715 crore (approx $1.7 billion) to win the bids for two new IPL teams, a windfall that far exceeded BCCI’s expectations.
Source: Cricket News: Latest Cricket News, Live Scores, Results, Upcoming match Schedules | Times of India
