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IPL Desk in Mumbai 25 October 2012 - 03:06pm IST

SUN TV wins Hyderabad franchise

Network's bid amounts to Rs 85.05 crores per year

MEDIA RELEASE

The IPL Governing Council met earlier today in Mumbai to open the bids for a new IPL Franchise.

SUN TV Network have won the Hyderabad Franchise for an amount of `. 85.05 crores per year.

This Franchise fee represents a premium of over a 100 % above the amount paid by DCHL for the Hyderabad Franchise in 2008.

The SUN TV Network bid was substantially higher than the second bid of PVP Ventures, which was `. 69.03 crores.

Sanjay Jagdale
Hony. Secretary
BCCI

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