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SBD Global/October 15, 2012/Franchises
Deccan Chargers Lose Court Ruling, Cricket Board Seeks Buyers
Published October 15, 2012
NEW BEGINNINGS: The PTI reported the BCCI "has floated a tender" that states the eligibility criteria and other requirements. The board began the process "of finding a new team by floating tender notices for a fresh franchise." The BCCI said in newspaper advertisements: "Under this invitation to tender, the winning bidder will be granted the right to own and operate a new team, which will compete in the IPL in each year from and including 2013 onwards and will have the opportunity (if applicable and subject to qualification) to compete in each and any CLT20, which is staged from 2013 onwards." The bids have been invited in respect of 12 cities: Ahmedabad, Cuttack, Dharamsala, Indore, Hyderabad, Kanpur, Kochi, Nagpur, Noida, Rajkot, Ranchi and Vizag (PTI, 10/14).