<p>The IPL bidding process has gotten much more glamorous with Bollywood power couple Deepika Padukone and Ranveer Singh expected to bid for an IPL franchise, according to an Outlook <a href="https://www.outlookindia.com/website/story/sports-news-deepika-padukone-ranveer-singh-set-to-bid-for-new-ipl-team-alongside-adani-group-manchester-united/398353" target="_blank">report</a> quoting sources.</p>.<p>This latest development comes close on the heels of Manchester United's owners expressing their <a href="https://www.deccanherald.com/sports/manchester-united-owners-are-keen-on-buying-ipl-team-1042687.html" target="_blank">interest</a> to bid for one of the two new franchises, which are most likely to be set up in <a href="https://www.deccanherald.com/cricket/ipl/lucknow-frontrunner-to-get-new-ipl-franchise-adani-group-may-bid-for-ahmedabad-franchise-report-1042995.html" target="_blank">Lucknow and Ahmedabad</a>. According to a report, Adani Group will be bidding for the Ahmedabad-based franchise.</p>.<p>The BCCI expects to raise around Rs 7,000-10,000 crore from the team bidding process slated to take place on October 25.</p>.<p>While the IPL bid document costs just Rs 10 lakh, the league allows only firms and consortiums with an annual turnover of Rs 3,000 crore to bid for the teams.</p>.<p>The base price for new IPL teams is pegged at Rs 2,000 crore.</p>.<p> <strong>Check out latest DH videos here</strong></p>
<p>The IPL bidding process has gotten much more glamorous with Bollywood power couple Deepika Padukone and Ranveer Singh expected to bid for an IPL franchise, according to an Outlook <a href="https://www.outlookindia.com/website/story/sports-news-deepika-padukone-ranveer-singh-set-to-bid-for-new-ipl-team-alongside-adani-group-manchester-united/398353" target="_blank">report</a> quoting sources.</p>.<p>This latest development comes close on the heels of Manchester United's owners expressing their <a href="https://www.deccanherald.com/sports/manchester-united-owners-are-keen-on-buying-ipl-team-1042687.html" target="_blank">interest</a> to bid for one of the two new franchises, which are most likely to be set up in <a href="https://www.deccanherald.com/cricket/ipl/lucknow-frontrunner-to-get-new-ipl-franchise-adani-group-may-bid-for-ahmedabad-franchise-report-1042995.html" target="_blank">Lucknow and Ahmedabad</a>. According to a report, Adani Group will be bidding for the Ahmedabad-based franchise.</p>.<p>The BCCI expects to raise around Rs 7,000-10,000 crore from the team bidding process slated to take place on October 25.</p>.<p>While the IPL bid document costs just Rs 10 lakh, the league allows only firms and consortiums with an annual turnover of Rs 3,000 crore to bid for the teams.</p>.<p>The base price for new IPL teams is pegged at Rs 2,000 crore.</p>.<p> <strong>Check out latest DH videos here</strong></p>