25 May 2023 last updated at 18:43 GMT
 
DC mess: IPL governing council gives team 14-day deadline
Thursday 16 August 2012

A day after TOI reported how the owners of IPL franchisee Deccan Chargers (DC) had mortgaged their team to two private banks to overcome their financial crisis, the IPL governing council (GC) on Tuesday issued a 14-day ultimatum to the owners, asking them to sort out the problems.

Representatives of the franchisee and two banks' representatives presented their case at the hurriedly-called meeting of the governing council in the Capital on Tuesday evening.

TNN

Advertisers Queue Up As JioCinema Breaks IPL Viewership Records
The Viacom18-led streaming service has attracted 25 sponsors.
BCCI projected to earn US$ 230 million per year
India set to get 38.5% of the US$ 600 million annual earnings in the proposed model for 2024-27 cycle