The Indian Premier League have announced plans to raise the limit of foreign players a team can sign from eight to ten.

The decision was taken during a three-day meeting between franchisees of teams and officials of the IPL in Bangkok.

Teams, however, would be allowed to field only four foreigners in the playing XI for a match.

A players' auction will be held in Mumbai on February 6 next year ahead of the second season of the IPL, which is scheduled to be held in April-May next year.

The window for trading of players between teams will also open between December 15 and January 15.

It was also decided the squads would not be allowed temporary replacements from 2009 onwards and all teams which had temporary replacements will have the first right to pick those players.

The IPL also relaxed the guidelines for commercial leverage for teams, providing them with more opportunities in branding of teams.