SPORTS
The BCCI on Monday sold the ground and title naming rights for 55 Tests and ODIs to be played in India in the next 31 months beginning September 1.
MUMBAI: The Cricket Board on Monday sold the ground and title naming rights for 55 Tests and ODIs to be played in India in the next 31 months beginning September 1 to the World Sports Group (ESG) for Rs 173.25 crore.
WSG, part of the Global Cricket Corporation based in Hong Kong, London and Singapore, outbid two other competing Indian firms - Percept and Nimbus - to secure the rights till March, 2010, BCCI vice-president and marketing committee chief Lalit Modi said on Monday.
"The WSG consortium has won the rights from among four bidders including 21st Century Media which was disqualified as they had not submitted all the necessary documents," Modi said.
The BCCI official said that the winning bid was just over the base price of Rs 3 crore per match set by the board for the bidding process.
"There will be 55 matches covered by the bid. The winning bid is three times over the last contracted bid which was Rs one crore per match," Modi said.
Modi also said that the bids for the other rights, including for Twenty20 internationals to be played in India and domestic cricket, were still "being negotiated".
The deadline for submitting the bid ended at 12 noon on Monday after which they were opened in front of the bidders and the members of the BCCI's marketing committee.
Nimbus, however, own the telecast rights for the international and domestic matches organised by the BCCI, during this period.
The BCCI had invited bids from sponsors earlier this month for ground and title naming rights for all ODIs and Tests during the next 31-month period.
Similarly bids had also been invited for all Twenty20 Internationals to be held in India as well as matches featuring India 'A' and India juniors against international teams.
It had also invited bids for the rights of its domestic tournaments, including the Ranji Trophy, N K P Salve Challenger Series, Duleep Trophy, Deodhar Trophy, Irani Trophy and the Premier (one-day) Cup.
A sponsor or agency for the branding of umpires' clothing for all domestic ties had also been sought for through the bidding process by the BCCI.
Raima Sen mourns Bharat Dev Varma's demise, pens emotional note for 'great father, great husband'
DNA TV Show: Ahead of Maharashtra poll results, MVA, Mahayuti engage in resort politics
Maharashtra: Stage set for assembly poll results; Mahayuti, MVA confident of their victories
All set for vote counting in Jharkhand tomorrow; NDA, JMM-led alliances confident of winning
Watch: Australia star inquires Rishabh Pant about his next IPL team, gets 2-word reply
Shah Rukh Khan’s house Mannat was first offered to his industry rival…, but he refused because...
The Visionary Who Promises a Blue Sky for India: Holger Thorsten Schubart’s G20 Climate Speech
The Surge of High-End Living: Luxury Residential Market to Outpace Other Segments
FeFCon 2024 to be Held in Bangalore: A Premier Event on Fever Management
'That’s wild': Noida man turns cigarette butts into teddy bears in viral video, watch
London Airport evacuates passengers over security threat, thousands stranded
The World’s First Innovative Iron Supplement to Combat Iron Deficiency and Anaemia
Meet grandmother who became fashion icon after trying on her granddaughter’s clothes
IND vs AUS: Rishabh Pant joins Virat Kohli, Rohit Sharma in elite WTC list, becomes 3rd Indian to...
'All scripted drama...': Puneet Superstar allegedly assaulted by influencers in viral video, watch
Actress Ana de Armas caught kissing Cuban President Miguel Díaz-Canel’s son in viral photos
Oreshnik's Shadow: Will Russia's hypersonic missile force west to back down?
‘You’re So Beautiful’: World’s tallest woman meets world’s shortest woman over tea, pics go viral
Delhi-NCR Air Pollution: Consequences of GRAP-4 are drastic, may have adverse effects, says SC
Delhi-NCR Air Pollution: Schools likely to stay closed till..., check city-wise update
Maharashtra: 3 killed, 9 hospitalised after gas leak at fertiliser plant in Sangli
THIS farm is selling a cup of coffee for Rs 28000, but there's a twist, it is...
Chhattisgarh: 10 Maoists killed after encounter with security personnel in Sukma
Mukesh Ambani's SUPERHIT plan for Jio users, offers unlimited 5G access for 1 year for just Rs...
IND vs AUS 1st Test: KL Rahul's dismissal sparks DRS controversy in Perth Test
Dense fog, heavy rain predicted in these states till November 25; check here
Oreshnik Hypersonic Missile: Which nations are within its range?
Bihar teacher, principal reach school in drunken state; know what happened next
'I have faced a lot of...': Arjun Kapoor REVEALS his biggest fear amid break up with Malaika Arora
How millions of Indians may get affected due to US indictment of Gautam Adani in bribery case
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan says 'missing someone is okay but...'
After Bibles, watches and sneakers, Donald Trump is now selling autographed guitars, price is...
Delhi pollution: Air quality improves to ‘very poor’ category, AQI at...
Vladimir Putin's BIG threat, warns he could strike UK with new ballistic missile if...
Shillong Teer Results TODAY November 22, 2024 Live Updates: Check winning numbers here
Somebody misbehaved with Alia Bhatt on Highway sets then Imtiaz Ali had to...
Zomato CEO Deepinder Goyal reveals twist behind Rs 200000 job fee, closes application window
Days after Ratan Tata's demise, Tata Group's Rs 131000 crore company inks pact with ADB for...