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Companies that bought IPL bid document in 2016 remain eligible

Saturday, August 12, 2017
By Kushan Sarkar

New Delhi: The 18 companies that bought ITT (Invitation To Tender) document for IPL broadcast rights in October 2016 remain eligible to submit their bids along with the two new companies YuppTV and Discovery Communications by August 22 deadline.

All the rights will be for a period of five years from 2018-2022.

It is learnt that all companies that bought bid documents remained eligible at no extra cost as it was not their fault that the bidding did not take place after Lodha Panel diktat.

Their contention was why carry out a bidding process in 2016 for rights that will be awarded from 2018. "All the companies that showed interest in 2016 while buying the ITT are automatically eligible to submit their bids.”

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