Mumbai: The Board of Cricket Control of India (BCCI) has invited tenders for fresh franchise after the cash-strapped Deccan Chargers were termintaed from the Indian Premier League

The BCCI in an advertisement published through newspaper said, “Under this invitation to tender, the winning bidder will be granted the right to own and operate a new team which will compete in the IPL in each year from and including 2013 onwards and will have the opportunity (if applicable and subject to qualification) to compete in each and any CLT20 which is staged from 2013 onwards.”

“Bids must be submitted at 12 noon IST on Thursday October 25. The winning bids will be announced in the manner set out in the Invitation to Tender,” it added.

 By Indian Sports News Network