Last Update: January 25, 2023, 6:39 pm
Royal Challengers Play Pvt Ltd successfully acquired the rights to own and operate a franchise in the Women’s Premier League. The Diageo India-owned subsidiary, which runs Royal Challengers Bangalore (RCB) in the IPL, took over the team with a bid amount of Rs 901 crore.
“Royal Challengers Bangalore marked a historic moment today that will be remembered and celebrated for many years to come. We are thrilled to be a part of this mission with the BCCI to revolutionize not just women’s cricket, but women’s cricket India But all over the world. At the core of Diageo, there is a value of gender inclusivity that embraces diversity in the widest possible sense and this enterprise champions us to welcome and celebrate women cricket for who they are and the journey they make in this game, cricket. Those who bring value,” said Prathamesh Mishra, chairman of Royal Challengers Bangalore.
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“Hence, it is a suitable asset in the right direction for a Diageo India-owned franchisee. We pared all our investments in overseas teams to build a team that aligns with this philosophy and core value, and it gives us great pleasure to positively mark this achievement. We are really looking forward to bringing the first season of the Women’s IPL to our most loyal and loving fans.”
The inaugural edition of the Women’s Premier League, to be played between five teams, is expected to take place in March this year and could consist of 22 matches. The WPL replaces the Women’s T20 Challenge, a three-team exhibition tournament, as India’s main Women’s T20 franchise competition.
“We are thrilled to strengthen our journey in cricket with the women’s team. Royal Challengers Bangalore Principal and Vice-Chairman Rajesh V Menon said, Women’s cricket has shown tremendous growth in the last few years, and it has huge potential for growth in India.
“We have been following the women’s leagues very closely and our scouting team have been eyeing women cricketers as part of the RCB hinterland scouting system for some time now and it gives us great pleasure to see that it has all come together Comes together for the team that sets. Play for the inaugural edition of the Women’s IPL in the country,” he said.
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On 16 January, Viacom18 Media Private Limited won the consolidated bid for the media rights (i.e., global television rights and global digital rights) of WPL for 2023–2027.
Viacom18 acquired the rights with a bid of Rs 951 crore, which equates to a per match value of Rs 7.09 crore. It is believed that 22 matches could be played for the first three seasons with the possibility of increasing the number of matches to 33 or 34 from 2026 onwards.
(With IANS inputs)
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