Adani Sportsline Private Limited, a subsidiary of Adani Group which is owned by one of the richest persons in the world, Gautam Adani, placed the highest bids for five cities: Ahmedabad, Bengaluru, Chennai, Guwahati and Kolkata. All the bids were of the same amount: INR 1289 crore (USD 158 million approx), the highest in the entire auction. As per the rules set by the BCCI, if an entity raised the highest bid for more than one city, it could pick its preferred city.
Adani Sportsline picked Ahmedabad, which houses Narendra Modi Stadium, the world’s largest cricket stadium with a capacity of 132,000. Ahmedabad, which attracted half a dozen bids, is also the home to the Adani Group.
The Ahmedabad WPL franchise, which was unveiled immediately after the auctions as Gujrat Giants, will be sharing the Motera stadium with defending IPL champions Gujarat Titans.