IHL RULES 2014.docx

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    - $ach owner team will be handled 4 guided by a member of inacea who will also

    be responsible for governing and authorizing transaction.

    - "ote5 The advisor will also be governing the practices of the owner team, a fine

    can be levied on the team in case of malpractices.

    A$ount gi*en to each owner tea$ + $illion dollars

    ase rice #or all the layers + & $illion dollars

    !e don't want to discriminate between the players by fi*ing different base prices. It depends

    upon the team management to assess them and pick. In this case the team composition of owners

    will be of help.

    .%T/ 0 If an owner team is selected and among those owners if 3 members in that owner team

    wants them to be in the playing suad, they will not be auctioned instead they can play for the

    team they own and $illion dollarswill be deducted for each owner who plays for the same

    team. The restriction is that only 3 members from an owner team can play for their team.

    Auction

    o All owner teams are invited for an auction of the players ,the player list will

    be provided to each owner team

    o The base price of each player is %6 million dollars) which is the minimum

    bid for each player

    o

    $ach owner team is given same amount of money to bid for the playerso The auction is simple $nglish auction where in the highest bidder gets that

    particular player

    o It is important for team owners to bid wisely as no e*tra amount will be

    provided to acuire players

    o Incase bidding is not done carefully and the team e*haust its available

    capital before the complete team is formed , that team will be disualified

    o The multiples of bidding%band4slab) will be informed to the team owners

    before the start of auctions

    1o*ernance

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    If the inacea members who are governing the teams during auctions finds any

    malpractices done by any team, they can report to the 7overnance team where actions

    will be taken against that particular team.

    Any ueries kindly #ontactA2"ITTI, SA.2AL3 (batch o#

    &4-&5)