IPL 2022: Lucknow And Ahmedabad Franchises Given Formal Clearance, Auction on February 12 And 13

The suspense over new franchise Ahmedabad has been lifted with IPL chairman Brijesh Patel confirming that the owners of the two new teams (Lucknow being the other) have received a formal clearance from the BCCI,  chairman, confirmed IPL chairman Brijesh Patel on Tuesday.

Patel also announced that the IPL mega auction will be held in Bengaluru on February 12 and 13 and the two new teams have been given a deadline of two weeks to finalise their draft picks.

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BCCI has given formal clearance to Lucknow and Ahmedabad franchises of IPL. Both teams have been given two weeks to finalise their draft picks. IPL auction will be held in Bengaluru on Feb 12 and Feb 13: IPL Chairman Brijesh Patel to ANI.

There was a controversy over the CVC Capital, who won the bid for the Ahmedabad franchise last year. It emerged that the European arm of the investment firm had links to betting companies. However, it later emerged that the firm has invested through its Asian funds which doesn’t have any links to betting companies.