The scuffle between the BCCI and Deccan Chargers gets more surged everyday. The cricket council is now proposing to add a new team in the IPL. It is said that DC are now out of the Indian Premier League after not being able to pay their due fees as per the deadline.
Deccan Chargers likely out of IPL
The BCCI said that they stressed the defaults and dues to Deccan Chargers and had given them dates to be met however the incompliance of the team has forced this action upon them. In a statement released by the council it said:
“BCCI received a lawyers notice invoking arbitration from the franchise stating that it had not committed any breaches and even if such breaches were committed, the BCCI should not act to terminate the franchise till Yes Bank Ltd furnishes sufficient finance to cure the breaches.”
Deccan Chargers were put on sale last week. The team was bought by Deccan Chronicle in 2008 after paying $107 million in a deal to have the team for a period of ten years. However Deccan Chronicle is now walking on the boulevard of bankruptcy and hence they put the team down for a sale. The contract of DC has now been terminated and the owners now seek help from the Bombay High Court. The next hearing is set to take place on Monday.
The BBCI officials say that a new tender will be issued soon. They have rejected the team from being a part of the IPL but if the court favors so then they may come in as a tenth team. The team had won the IPL in 2009 which was led by Captain Kumar Sangakkara.
“We will definitely add a new team in the sixth edition of the IPL from among the waiting franchises. If DC is not there we will go ahead with nine teams but in case we are forced to include them it would be a 10-team affair.”
The team received a bid when the auction was placed on Chennai however they did not go ahead with the sellout. A firm in Hyderabad, PVP Ventures Limited,had offered 900 crores for the team. Last year it was Kings XI Punjab which was in and out of courts all year after getting a narrow entry to the IPL.
Tags: BCCI, Cricket, DC, Deccan Chargers, Indian Premier League, IPL
