August 21, 2017

Kochi IPL side given 30 day deadline

This might be all we see of the Kochi IPL team. Possibly killed by politics before they had even played a game.

New Indian Premier League franchise Kochi has been given a 30 day deadline by the Board of Control for Cricket in India (BCCI) to sort out its ownership issues or be thrown out of the competition.

The IPL 2011 season due to start in April featuring 10 teams has already been reduced to 8 folowing Rajasthan Royals and Kings XI Punjab’s expulsion last month over ownership issues.

Kochi was given a reprieve because they were new, but BCCI President Shashank Manohar says they only have “30 days to sort out their problems.”

Kochi team owner Satyajit Gaekwad says he was “extremely grateful. Despite our problems, we have been given time. The onus is on us to settle our feud and go back to BCCI with respectability. We are sure we will be able to sort out our differences”.

The Kochi franchise was bought by Rendezvous Sports World Limited for US$333m at an auction in March to add two new teams to the existing field of eight. The other new franchise is based in Pune.

A dispute arose in Kochi when the various stakeholders in the franchise voiced their opposition over a 25% free equity share for Rendezvous Sports.

The bigger issue in this whole saga is the sacking of IPL founder Lalit Modi in September following allegations of corruption, indiscipline and money-laundering, all of which he continues to deny.

The new BCCI and IPL leadership is seeking to pull the chain on the Modi era, hence the cleanout of sides he was directly involved in.

At the end of the day this all boils down to money with power a close second. For fans who love cricket and the IPL we just want to see good cricket played.

On a lighter note a fresh players’ auction meat market will take place at an unspecified date for the IPL’s fourth season because the original contracts were only for a three-year period. It is not clear what the status of the players owned by Rajasthan Royals and Kings XI Punjab will be. Free agents or paid for not playing?