IPL franchise owners have always been interested in buying new teams in the different T20 leagues of the world and in their quest to go global, IPL franchise owners set to buy all six teams in South Africa's new T20 league.
According to a report in ESPNcricinfo, Mumbai Indians, Chennai Super Kings, Lucknow Super Giants, Sunrisers Hyderabad, Rajasthan Royals and Delhi Capitals have successfully bid for the franchises. The league will be run by Cricket South Africa in partnership with television broadcaster SuperSport.
The report further states that Chennai Super Kings Sports Limited made the highest bid at an informal auction to buy the Johannesburg franchise. The RP Sanjeev Goenka group, which paid a record sum of ₹7090 crore to buy the Lucknow IPL franchise last year, picked up the Durban team.
Cricket South Africa is yet to make a formal announcement of the new owners and the cities they will represent once the paperwork is complete. The inaugural edition of the league is scheduled for January 2023.
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