Capri Global bought the Lucknow franchise in the Women’s Premiere League (WPL). They have named this franchise the Lucknow Warriors. Besides owning a team in the WPL, they are the owners of Sharjah Warriors in ILT20, Bengal Warriors in the Pro Kabaddi League, and Rajasthan Warriors in the Kho Kho.
They won the bid for the Lucknow franchise in the inaugural season of WPL. They bought the team for Rs 757 crore to win the victory. In the auction, BCCI got a total of Rs 4,668.99 crores from the five bids. Adani Sportsline bought the Ahmedabad franchise with the highest bid of Rs. 1289 crore.
Lucknow Warriors will be the new franchise by Capri Global for WPL 2023
“We are happy to associate with the Women’s Premier League and extend our vision for sports in India while shining light on the women of India,” said Rajesh Sharma, Director of Capri Global Capital Ltd
The company wanted to acquire a team in the IPL but lost to CVC Capital and RPSG last year. The inaugural season of the league will start approximately between March 4 to 26. Unlike IPL, the WPL will be held on in Maharashtra. The venues are yet to be decided by the ICC.
After the WPL Auction 2023 for ownership, the next step will be the Player Auction. The BCCI hasn’t yet announced the auction date but hopefully, it will be held by the first week of February. Each team will have a total of 15-18 players. A squad can have a total of 18 players. The Playing XI will consist of 5 foreign players out of which one player will be from the associate nation.
According to Rajesh Sharma, buying one IPL team is a strategic move as they’re looking forward to encouraging sports in every sphere and establishing an emotional connection of the stakeholders with the customers.
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