IPL 2022: The BCCI is expected to make a decision on the Ahmedabad franchise soon.

IPL 2022: The BCCI is expected to make a decision on the Ahmedabad franchise soon.

CVC Sports, which has assets in UK betting organizations, is yet to receive BCCI approval to buy the Ahmedabad franchise.

Despite the excitement around the two new IPL teams. The status of the Ahmedabad franchise, which was purchased by CVC Sports, remains uncertain.

While there have been numerous rumors about the matter. The BCCI has yet to make a decision on the Gujrat-based franchise.

In reality, they have been deafeningly mum on the subject.

Legal problems arose just 48 hours after CVC Sports purchased the Ahmedabad squad for Rs 5,625 crores. CVCCP was investigated for doing business with foreign betting companies. Lalit Modi, a former IPL commissioner, had even tweeted about it. “I suppose betting companies can own a team in the @ipl.” It’s got to be a new regulation. One of the qualifying bidders appears to be the owner of a large betting organization. @BCCI does not do homework. In such a circumstance, what can anti-corruption do?”

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Decision on the Ahmedabad franchise.

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CVC’s Asian funds does not have links to any betting firms: BCCI official

Regardless all the uncertainty, there appears to be a confident air of things being resolved. According to the Indian Express, the BCCI appears to have no objections about the IPL’s Ahmedabad franchise being purchased.

This is due to the fact that the Asian fund of the transnational corporation, which purchased the franchise, has no ties to any betting companies.

“There are two types of CVC funds: European funds and Asian funds. They also put money into their Asian fund. That is the agreement. Still, a Board member who attended the AGM informed The Sunday Express that the BCCI is likely to appoint a committee in a few days to be very sure.

This could, cause a delay in the 15th edition of the IPL’s planned schedule.

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