IMG – Reliance league auctions to be held by October end
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Reports suggest that the auctions for the IMG – Reliance IPL style league would be held by October end. The tournament modeled on Indian Premier League, will have eight franchises across the country.
Two auctions, one for the franchisees and the other for players will be held at the end of October. The tournament will be held between January 18 and March 30 of the next year. Supposedly 20 corporates have expressed their interest in franchises.
Every franchise will have 10 foreign players including a marquee player, 7 Indians and 4 U-21 players in their roster. IMG – Reliance have shortlisted nine cities across India – Guwahati, Kolkata, Delhi, Mumbai, Pune, Goa, Bangalore, Chennai and Kochi, out of which one will be dropped later.
Reports also suggest that after numerous rounds of discussion with the I-league clubs, both parties have agreed upon a middle ground.
Read more : Indian football auctions to be held soon