New Delhi: As the BCCI's deadline for the invitation of bids for a new IPL team expires at 12 noon today, the biggest question is "are there enough companies showing interest?". It is likely that a new franchise is on the way but the suspense remains.
Noida based Jaypee group and Hyderabad's PVP Ventures, it is understood, are the front runners. It was PVP Ventures who wanted to acquire the Deccan Chargers as well but their bid was rejected at the time amidst loads of drama. But the Jaypee Group might have an edge over PVP. In fact, the corporate house was probably the reason why the BCCI included Noida in the list of available cities.
NDTV has also learnt that the Jaypee group has picked up the bidding papers. Jaypee though, would want to use the Green Park stadium in Kanpur till the Noida one is ready.