BPL Auction Today

 

BPL Auction Today

The much-hyped Bangladesh Premier League Twenty20 League is set to gather momentum today when the auction to sell the franchises to interested bidders will be held at a city hotel.

At least eight bidders – Orion Group, Europa Group, Walton Group, Digital Auto Care, Dhaka Dyeing, Alif Group, Barkatullah Electro Dynamites and Boom Boom, a business consortium, – have bought the tender documents to buy the six franchises.

 It is, however, unlikely that all buyers of tender documents will participate at the auction as an effort to take hold of the franchises through mutual understanding was on until Monday. 

‘We were very interested but at the last moment we felt that it will not be worthwhile,’ said Faisal Rahman, managing director of Barkatullah Electro Dynamites, a power generating company, who apparently backed out from auction.

The other interested buyers were also trying to form a consortium so that the partners can hold a certain stake.

Khulna is believed to be the most demanding franchise and Dhaka is next to them. At least two interested bidders said they will go for Khulna and if they cannot buy that Dhaka will be their choice.

‘I am interested in owning Khulna but if that is not possible then I will go for Dhaka,’ said Salim Chowdhury, managing director of Europa Group.

‘We will bid alone for a franchise and if we are successful we will keep 51 per cent stake with us  and the remaining  49 per cent will be handed out to our Malaysian partners,’ he added.

Orion Group is keen to bid for Sakib al Hasan’s Khulna division as well while Digital Auto Care will be eyeing to get hold of Mushfiqur Rahim’s Rajshahi.

‘I am interested in bidding for Rajshahi,’ said Mushfiqur Rahman Mohon, managing director of Digital Auto Care.

‘If I cannot keep it alone, I may opt to add partners as several other parties have shown their interest in joining us, so let’s see what happens,’ said Mohon.

Walton, however, will be trying to go for consortium keeping 51 percent stake with them.

‘We will bid alone but will keep 51 percent and rest will be distributed among the interested parties,’ said Uday Hakim, media spokesperson for Walton.

It was, however, learnt that the family of an influential Bangladesh Cricket Board official is involved with Walton bidding.

Dhaka Dying will be keen to win the franchise of Chittagong while Alif Group will be bidding for Barisal.

Bangladesh Cricket Tame

The bidding is scheduled to start at 11:00am with $1 million being the minimum price for each franchise.

The opening of tenders will start at 12:01 pm with the accumulation of data through template and live projection of accumulation and later the results will be declared alphabetically.

A company can bid for several franchises but can only own one. If he bags more than one franchise then he will have the option to choose his team the next highest bidder will get that,’ said Serajudddin Mohammad Alamgir, member-secretary of the BPL governing council.
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