Argus Partners has advised the Board of Control for Cricket in India (“BCCI”) in the historic Women’s Premier League (“WPL”) teams auction.   

The 5 (five) successful franchises for a collective bid value of Rs. 4,669.99 crore, comprise, Adani Sportsline Private Limited for Ahmedabad; Indiawin Sports Private Limited for Mumbai; Royal Challengers Sports Private Limited for Bengaluru; JSW GMR Cricket Private Limited for Delhi and Capri Global Holdings Private Limited for Lucknow.

According to BCCI President, Roger Binny, “…The league will give players from India and abroad a chance to learn and grow together. It will pave the way for development at the grassroots level with the inclusion of more women cricketers. I would also like to congratulate the BCCI team for the smooth execution of the auction process. I’m confident that the league will help our women cricketers shine on the global stage.”

Further, as per BCCI Secretary, Jay Shah, “It is a historic day for women’s cricket…the collective bid of INR 4669.99 crore shows that our stakeholders thoroughly believe in the concept and have faith in B CCI’s vision and plans for the league…. I believe that with a record Media Rights valuation earlier and now with these high bids, the league will be commercially independent and self‐sustaining property. The league will surely provide more strength, but more importantly, create a more equitable future for women and girls in our sport. We are standing at a juncture where women’s cricket is set to grow by leaps and bounds and the WPL and the pay‐parity decision earlier are significant milestones.”

The transaction team was led by Krishnava Dutt (Managing Partner) and Adity Chaudhury (Partner). The Team also consisted of Arka Majumdar (Partner), Mahika Parikh (Principal Associate), Aditi Singh Kashyap, Amaan Rahman, Amisha Agarwal, Gayatri Dabir, Jinansh Shah, Megh Panchal, Navya Pathak, Srijoy Deb, Tarak Shah and Tushar Oberoy (Associates)