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Cricket
IPL unveils franchise prospectus
New Delhi: The Indian Premier League on Tuesday started the global tendering process for official franchises in the eight city leagues by unveiling its prospectus.
The franchisee prospectus outlines the details and structure of the each team, underlining that each franchisee squad would consist of 16 players, four international, four under-21 players and four players from the franchise’s catchment area.
Each franchise would also require the services of an executive team, team manager, professional coaching team, physiotherapist and an event manager, a press release said.
The league is expected to start on April 18, 2008 and will feature eight franchised city teams, who will compete for the grand prize of $3 million.
The inaugural season will run for 44 days and the top four teams will contest the semifinals The matches will be played under lights between 7 p.m. and 10 p.m.— PTI
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