KSCA will ascertain bidders' credentials

KSCA will ascertain bidders' credentials

The bid document, which is likely to be made available on Saturday, apparently has a clause which states that individuals with a criminal background cannot bid for the teams, revealed an official while emphasising the KSCA’s discretion to deny an individual or a corporate house the right to own a team if the association is not convinced about the credentials of the bidder.

Meanwhile, somewhat caught unawares by the overwhelming response to the workshop for potential buyers of the eight teams, KSCA officials are making it clear at their workshop to educate the corporates and individuals that the KPL is not quite the BCCI-backed Indian Premier League, either in terms of scale or expected revenue.

The official disclosed that the number of potential buyers of the eight zonal teams has shot up to close to 50, with 31 individuals/companies having already paid the non-refundable fee of Rs 10,000 for the bid document.

The official also admitted that all those who attended the franchise-awareness programme might not be genuine bidders as some of them might be there just to get an idea about the intended revenue. The bids for eight teams will be opened on August 3.

The KSCA is also busy listing the elite pool of the top 40 players in the State who will be auctioned on August 8.

The officials are waiting for the last round of the Safi Darashah Trophy matches next week to end before finalising the players.

DH Newsletter Privacy Policy Get top news in your inbox daily
Comments (+)