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Around 10 parties are reported to have submitted bids for new teams. The bidding process was hours-long, including verification and technical evaluation. On claiming the Lucknow franchise, Sanjiv Goenka said the team's valuation "would be a multiple of a few times" over the next 10 years. Now, it's really for us to build a good team, and try to put up a good performance." "Firstly, it feels good to be back in the IPL. Sanjiv Goenka, chairman of RPSG Group Goenka, who owned Rising Pune Supergiants for a period of two years from 2016 to 2017, when Chennai Super Kings and Rajasthan Royals were suspended owing to spot-fixing charges, said he was elated to be back in the IPL.
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