NEW DELHI: The Indian Premier League (IPL) franchise owners may be permitted to rename the teams even if they have acquired a minority ownership, as the England and Wales Cricket Board (ECB) is scheduled to sell shares in the eight Hundred teams in September.
The ECB is so keen to draw in Indian capital, according to a report in The Guardian, that even a minority investment will give the new owners enormous clout-especially since all ten IPL owners are anticipated to bid to purchase shares in the eight teams, as per IANS.
