Fantasy sports website MyTeam11 has stayed out of the BCCI Title Rights bid process merely four days after announcing its interest to acquire sponsorship rights for the international cricket hosted by the Board of Control for Cricket in India.
As the bid submission process completed yesterday (Monday), Insidesport.co has reliably learnt that MyTeam11 were not among the companies who have submitted the bid documents to the BCCI. The financial bids will be opened tomorrow (Wednesday) following technical bids’ scrutiny today.
The BCCI last month had invited bids for the title sponsor rights of the international and domestic cricket series in India. The rights period scheduled to commence from September 1 this year will run till March 21, 2021.
MyTeam11, title sponsors of the West Indies-India T20I, ODI and Test series, in a Press release on Friday has claimed to have acquired the bid documents, while confirming that the company will be joining the bid process.
“Our recent association as title sponsor for the India v West Indies Series was greatly appreciated by our users particularly the cricket fanatics. Based on the kind of response we received from our users, we are now planning to take the next step by becoming the title sponsors of BCCI’s domestic Series/ Events. We believe that this association will help us achieve new horizons and further expand our reach,” MyTeam11 CEO had stated in the Press release.
However, there has not been any substantial action before or after the Press release.
InsideSport.co has reliably learnt that MyTeam11 technically did not qualify to submit the bids as tender documents were not procured in its name and the strict bidding conditions did not allow the agencies and consortiums to submit the bids.