IPL: Very happy, specifically wanted Lucknow franchise, says Sanjiv Goenka

Lucknow: After successfully bidding a staggering Rs 7090 crore for the new Lucknow IPL franchise, Sanjiv Goenka, chairman, RPSG Group, said he was “extremely happy to be back in the IPL” and that “we specifically wanted Lucknow as the city of choice”.

Monday’s mega deal in Dubai was a homecoming of sorts for the RPSG Group, which earlier owned the Rising Pune Supergiant franchise in the IPL between 2016 and 2017.

IPL: RPSG bags Lucknow franchise for Rs 7k crore, CVC gets Ahmedabad franchise for Rs 5.6k crore

Adani Sportsline, considered a frontrunner for the Ahmedabad franchise, submitted a bid of Rs 5,100 crore for Ahmedabad as well as Lucknow.

Goenka said, “This is just the beginning. The real intention is to build a team which can win the tournament. If you recall, Rising Pune Supergiant had lost the 2017 final to Mumbai Indians so we have some unfinished business in the IPL.”

The RPSG group bid 250% more than BCCI’s base price of Rs 2000 crore and will need to pay the amount over a 10-year period.

Additional inputs from TOI

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