Now, BCCI feels the Kochi heat
The Kochi owners, apparently, continue to insist on reinstatement which the BCCI cannot think of
With the liability mounting by the day, the Board of Control for Cricket in India (BCCI) is under pressure to resolve the long-pending Kochi Tuskers Kerala issue. Last heard, the dues to the terminated IPL teams has shot up to over Rs 1500 crores (after all interests calculated) and the BCCI is looking to hammer out a solution to the impasse.
Unofficial sources say the daily interest for the side is around Rs 75 lakh and the monthly accrual of that is over Rs 22 crore (as per compound interest).
This has led to a situation of graveness in the BCCI and there has been an increased activity on that front although there is a difference in the way the amount is calculated. The BCCI is of the view that the outstanding figure is far less.
Efforts to reach out to the Kochi owners, however, have increased from the BCCI side in the recent times. Key members like Rajeev Shukla (IPL chairman), Rahul Johri (BCCI CEO) and even Amitabh Choudhary (acting secretary) have met the Kochi owners both officially and unofficially but one is not sure how much progress has happened.
The Kochi owners, apparently, continue to insist on reinstatement which the BCCI cannot think of. A nine-team IPL is not something that it is looking at currently and the only answer for them is to make a mutually agreeable offer. But the owners have not given any indication of a climbdown if the team is not restored.
With the Committee of Administrators (CoA) meeting today, the issue is expected to crop up the as the matter involves such a serious but no one is willing to say that. The general refrain is that the meeting is about routine constitutional matter.
Meanwhile, it is certain that there will be a discussion on the fracas involving the appointment of an NCA trainer who got in without being ‘tested’. Concerned authorities may be asked to explain. The office-bearer, however, have not been called.
With the liability mounting by the day, the Board of Control for Cricket in India (BCCI) is under pressure to resolve the long-pending Kochi Tuskers Kerala issue. Last heard, the dues to the terminated IPL teams has shot up to over Rs 1500 crores (after all interests calculated) and the BCCI is looking to hammer out a solution to the impasse.
Unofficial sources say the daily interest for the side is around Rs 75 lakh and the monthly accrual of that is over Rs 22 crore (as per compound interest).
This has led to a situation of graveness in the BCCI and there has been an increased activity on that front although there is a difference in the way the amount is calculated. The BCCI is of the view that the outstanding figure is far less.
Efforts to reach out to the Kochi owners, however, have increased from the BCCI side in the recent times. Key members like Rajeev Shukla (IPL chairman), Rahul Johri (BCCI CEO) and even Amitabh Choudhary (acting secretary) have met the Kochi owners both officially and unofficially but one is not sure how much progress has happened.
The Kochi owners, apparently, continue to insist on reinstatement which the BCCI cannot think of. A nine-team IPL is not something that it is looking at currently and the only answer for them is to make a mutually agreeable offer. But the owners have not given any indication of a climbdown if the team is not restored.
With the Committee of Administrators (CoA) meeting today, the issue is expected to crop up the as the matter involves such a serious but no one is willing to say that. The general refrain is that the meeting is about routine constitutional matter.
Meanwhile, it is certain that there will be a discussion on the fracas involving the appointment of an NCA trainer who got in without being ‘tested’. Concerned authorities may be asked to explain. The office-bearer, however, have not been called.
(Courtesy: Mumbai Mirror)
