Reports: IPL franchise owners buy all six teams in CSA's new T20 league

Cricket South Africa (CSA) recently announced the inception of its new T20 league, a direct competitor of other global leagues such as IPL, BBL, PSL, and The Hundred.

According to reports, the bidding for the teams came to a close on July 13 and IPL franchise owners have snapped up all six teams set to participate in CSA's new domestic league.

Details further reveal that owners of Mumbai Indians, Chennai Super Kings, Sunrisers Hyderabad, Delhi Capitals, Rajasthan Royals, and Lucknow Super Giants have all had their bids accepted.

The sources also revealed that Mumbai Indians are likely going to be the new owners of a Cape Town team while Chennai Super Kings will own a Johannesburg-based team.

In addition, a Pretoria-based franchise will be owned by Delhi Capitals while Lucknow Giants are interested in a Durban-based franchise.

The Sunrisers Hyderabad and Rajasthan Royals will be the new owners of Port Elizebeth and Paarl-based teams respectively.

The inaugural season of CSA's new domestic tournament is set to kick off in the first month of next year. The dates of this league is set to clash with a newly set-up UAE-based league and it remains to be seen which league will secure the services of prominent international players.