Blue Pitch Will Not Be Forced Out Of Ibrox Berlusconi To Sign Binding Pre-Accord BCCI Sells Title Rights For $32M ManU Sponsors Push For Asia Tour Elche President Resigns As Deadline Looms Sonowal: BCCI Accountable To The Public BMW Rules Out Formula E Entry BST Requests Private Talks Over Takeover Rangers Chair Freezes Out Investors Renault Close To Making Lotus Decision
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/September 17, 2012/Franchises
Indian Cricket Authorities Terminate Indian Premier League Side Deccan Chargers
Published September 17, 2012
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
DOWN TO TEN: TNN's Datta & Rao reported that after terminating the Chargers' contract on Friday night, IPL's governing council decided on Saturday "to float tender for a new IPL team and short-list 10 cities" -- Ahmedabad, Visakhapatnam, Dharamsala, Indore, Jamshedpur, Nagpur, Cuttack, Kanpur (Greater Noida), Rajkot and Ranchi. The new IPL team "could be based out of any of these cities." The base price of a new team will be Rs 300 crore ($55.2M) for five years and will "get the same share from the league's central revenue pool," which the original eight teams earn (60%). The new team owners "will be given the option of picking players from the terminated Chargers team for the next edition" (TNN, 9/16).
DAMAGE CONTROL: The PTI reported that the BCCI on Saturday "denied media reports" that Deccan has a stay order against its termination from the IPL, saying that the matter would "come up in the Mumbai High Court" on Monday. The BCCI said in a statement Friday, “It has been reported in some sections of the media that the Mumbai High Court has stayed the termination of the Deccan Chargers Franchise, announced by the BCCI on Friday evening. The BCCI would like to clarify that the counsels of both sides were present in Court at 10:30am on Saturday, 15 September 2012. The Court heard both parties and did not pass any order staying the termination" (PTI, 9/15). Meanwhile, the PTI also reported that the BCCI "amended its constitution to do away with the zonal rotational policy for electing its president." That will allow "a second term to office bearers subject to re-election." The decision was seen as a "significant move, which will have far-reaching implications." At a Special General Meeting in Chennai, India, the proposals were passed by more than three-fourth majority, "virtually paving the way for some of the senior officials to occupy or retain key positions in the board" (PTI, 9/15).