MUMBAI / SRINAGAR:
In a major business development for cricket investors, the Indian Street Premier League (ISPL) has officially opened the window for corporate entities and investors to bid for co-ownership of the Srinagar Ke Veer franchise.
The team, currently owned by Bollywood superstar Akshay Kumar, is one of the most popular franchises in the tennis-ball T10 league. This move offers a rare chance for investors to share the owner’s box with the actor and tap into the massive cricketing fanbase of Jammu & Kashmir.
The Bidding Details (Tender Notice)
According to the official announcement made by the ISPL Governing Council on Sunday (Jan 18):
- What is on offer? A co-ownership stake in Srinagar Ke Veer.
- Deadline: The bidding window closes on January 31, 2026.
- How to Bid: Interested parties can submit their “Invitation to Bid” (ITB) documents via the official ISPL portal.
- Objective: The league aims to bring in strategic partners to “enhance franchise value” and expand the cricketing ecosystem in the region.
Why Invest in ‘Srinagar Ke Veer’?
The franchise has been one of the most consistent performers in the league’s short history:
- Season 1 (2024): reached the Semi-Finals.
- Season 2 (2025): Finished as Runners-up, narrowly missing the title.
- Season 3 (Current): The team is currently competing in the ongoing season (Jan 9 – Feb 6) in Surat.
Official Statement
Suraj Samat, ISPL League Commissioner, commented on the development:
“This is a long-term investment opportunity alongside Akshay Kumar in a league that is building sustainable revenues and national relevance. The co-ownership model allows partners to actively participate in franchise value creation.”
About ISPL
Launched in 2024, the ISPL is India’s first large-scale T10 Tennis Ball Cricket tournament played inside stadiums.
- Celebrity Owners: The league features teams owned by Amitabh Bachchan (Mumbai), Sachin Tendulkar (Investor), Saif Ali Khan & Kareena Kapoor (Kolkata), and Ram Charan (Hyderabad).
- Reach: Season 2 recorded a TV viewership of 28 million on Star Sports, cementing its mass appeal.
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PART C: AUTHORSHIP & TRANSPARENCY
- Sign-off: Reported by Kitto Sports Desk.
- Source Transparency: Based on the official press release issued by ISPL Governing Council (Jan 18, 2026).
- Accountability: Found an error? Email kittonews@gmail.com.
