IPL teams prepare after bidding frenzy

New Delhi: A day after their frenetic spending bonanza, Indian Premier League franchises got down to the pragmatic business of running their teams on Thursday, with two months until the competition begins.

Having created new cricket millionaires in Wednesday's player auction, owners must now turn to organising their teams on the field and off ahead of the April 18 start of the Twenty20 competition.

Calcutta emerged as the biggest spender at the auction, splurging $6,117,500 (euro4,149,708).

The spending reflected the glamour associated with Bollywood film star part-owner Shah Rukh Khan.

Franchise owners spent nearly $42 million (euro28.49 million) on procuring 75 players at the auction.