IPL uncovers its prospectus

IPL, the venture of BCCI has taken its first step towards the launching of the programme. It has unveiled the prospectus for franchisees to bid upon. All the structures and guidelines on how to bid and the selection of players has been listed clearly. BCCI selects 8 franchisees to manage 8 teams contesting in the IPL. Each franchisee can choose upto 4 international playes, 4 under-21 players and players from their region depending on their pay scale. Also mentioned in it is that each and every franchisee must have their own coach, physiotherapist, analyst and all other members to form a complete team.