franchisee

This tag is associated with 9 posts

IPL and Ranji:Of re-slotting and Mumbai’s early exit


Anil Kumble of India in action

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If you don’t like the bracket you’re in, you can re-slot yourself in a higher one. That’s the message Saurav Ganguly, VVS Laxman, Rahul Dravid and Anil Kumble have sent out. The four were initially categorised into the 200,000 USD fold. IPL rules allow players to increase their base price and the members of the Fab Five (Tendulkar is the fifth) have chosen to do so.

None of the four were retained by their teams. Speculation as to why the four were not in the initial top bracket is useless. The IPL has done little to enhance reputations. VVS Laxman has struggled, Ganguly shone amidst his team’s inconsistency and Dravid is just coming to terms with T20 cricket.

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Bolshoi—the Boxer— and the IPL (Satire)


Boxer (dog)

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My dog, Bolshoi , the Boxer, is quite peeved with me.

How do I know that?

Well, for one, he keeps giving me these dirty looks, looks that would have you believe that I am going to eat up everything that is laid in his name-plated bowl.

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IPL: Kochi franchisee in ICU , issued a thirty day termination notice


2008 Indian Premier League

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If the BCCI bigwigs were in a tearing, unholy hurry to terminate the Lalit Modi-associated franchisees — Rajasthan Royals and Kings XI Punjab — they are now dragging their feet and going by the book in their dealings with the Kochi consortium.

The IPL governing council met this morning , October 27, 2010 . After due deliberations they issued a thirty day termination notice to the alliance partners.

Shashank Manohar  — a lawyer by profession —  pronounced that the Kochi franchise’s case is quite different from the other two expelled franchisees. Since there were no new partners added to the shareholding structure , it is considered a ‘remedial breach’ of the agreement. The Kochi franchisee lives on for another thirty days.

"The Governing Council has invoked clause 12 (1) and given them a 30 days notice that in case they don’t remedy these disputes in the 30 days, the franchise would stand cancelled on the 31st day," he said.

The infractions by the other two franchisees have been termed ‘intermediary breaches’.

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IPL: Sunny Gavaskar’s ‘revolving door’ is greeted with disdain in the Indian media


Apr. 26, 2010 - Mumbai, MAHARASHTRA, India - epa02132143 Former Indian cricket captain Sunil Gavaskar arrives at the Indian Premier League (IPL) Governing Council meeting at the Board of Control for Cricket (BCCI) head office in Mumbai, India 26 April 2010. IPL Governing Council that met in Mumbai is likely to appoint an interim committee to run the affairs of the Twenty20 league after its chairman and commissioner Lalit Modi was suspended on 22 charges of impropriety. A 34-page chargesheet was handed over to Modi, who is also the vice president of the BCCI, in the early hours of Monday after the IPL final. The charges range from financial irregularities to rigging bids proxy holdings and kickbacks in broadcast deal.

Doubts still linger about Sunny Gavaskar’s role in the Kochi franchise bid.

Was he just being helpful when he informed the Kochi consortium members about how the bidding process worked?

Should not the Kochi franchisee members have approached the BCCI  for clarifications rather than a sitting member of the IPL Governing Council?

The question of propriety is yet to be answered comprehensively by the master batsman.

If the Kochi proposal is accepted by the BCCI and Sunny Gavaskar handles the newly formed team’s cricketing operations, would this not be a case of a ‘revolving door’ where Sunny has moved from a governing body to being part of a governed body?

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IPL: Sunny Gavaskar hits the headlines, Kochi decision on Wednesday


Apr. 26, 2010 - Mumbai, MAHARASHTRA, India - epa02132143 Former Indian cricket captain Sunil Gavaskar arrives at the Indian Premier League (IPL) Governing Council meeting at the Board of Control for Cricket (BCCI) head office in Mumbai, India 26 April 2010. IPL Governing Council that met in Mumbai is likely to appoint an interim committee to run the affairs of the Twenty20 league after its chairman and commissioner Lalit Modi was suspended on 22 charges of impropriety. A 34-page chargesheet was handed over to Modi, who is also the vice president of the BCCI, in the early hours of Monday after the IPL final. The charges range from financial irregularities to rigging bids proxy holdings and kickbacks in broadcast deal.

Sunny Gavaskar hits the deadlines once more; this time it is his links with the Kochi franchise that have drawn flak from all quarters.

The Indian batting legend , the first cricketer to score 10,000 runs and surpass Don Bradman’s 29 tons, is mulling over an offer from the Gaikwads, the Rendezvous group owners, to handle all matters cricketing.

The news comes as a bit of a surprise and there exists speculation about Gavaskar’s role in the bidding process as a possible conflict of interest ; the master batsman was then on the IPL governing council.

(The  fallout between Lalit Modi and Shashi Tharoor was the result of allegations that Tharoor sought Modi’s interference in the bidding process to ensure that the Kochi group’s bid would be successful.)

Gavaskar is no longer a part of the IPL set-up; he quit the re-constituted governing council citing differences with the BCCI.

Was the conflict of interest a reason for the differences? If yes, why then was just the super accumulator penalised?

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IPL: A Sea Of Storms For Kochi, Kings XI and Rajasthan Royals


Elephants10-028-copy

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The route to IPL4 has never seemed as foggy as it is today.

And there seems to be no one sounding the fog horn either!

The three vessels SS Kings XI Punjab, SS Rajasthan Royals and SS Kochi are stranded in the  stormy seas seeking a lighthouse to guide them to safety.

But their distress signals , their SOSs, have received little response from the current keepers of the beacon.

The IPL seas are still uncharted waters and the reefs are mapped as they are traversed.

Three voyages in three seasons and it was Heigh Ho! Life’s a bottle of rum!

Life’s not so rummy any more for the voyagers.

Nor quite so profitable!

The treasure hunt continues!

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IPL: Iceland , diplomatic immunity , Kochi , signature campaigns and a Warneing


Kings XI Punjab by Lalit Modi

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Kochi meets the deadline?

There have been conflicting reports in the Indian press and media about the proposal submitted by the Kochi consortium to the BCCI.

The Times Of India (TOI) reports that the Kochi franchisee have requested an additional ten days to come up with a resolution of the ongoing dispute among the consortium members.

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IPL Pay Packets May Get Thinner and the IPL Leaner and Meaner


A photo of a match between Chennai SuperKings ...

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Pay packets in IPL4 will be much leaner than in the past three editions.

The simple reason is that supply now exceeds demand.

With the reduction in the no. of IPL teams to eight and Kochi showing no signs of having their house in order for the 6 pm deadline on  Wednesday, 20th October 2010, IPL4 will be a much leaner, much meaner tournament.

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IPL Road: Kochi dilly-dallies, Modi prevaricates


Policemen stand guard outside a cricket stadium during a match in IPL tournament in Kolkata April 19, 2010. Indian authorities have begun an investigation into the financing of the Indian Premier League (IPL), the finance minister said on Monday, following allegations of corruption in the world's richest cricket tournament. REUTERS/Parth Sanyal (INDIA - Tags: SPORT POLITICS CRICKET)

It has been ominously quiet on the IPL front over the past few days.

Except for news reports that the Enforcement Directorate is studying the BCCI filed FIR against the abrasive Lalit Modi, to fructify their case against his willingness (or unwillingness) to respond to their inquiries. There has been little to report in the Indian press or media.

Lalit Modi and his lawyer claim that they have yet to receive a copy of the FIR filed by the BCCI; this is, of course, a classic delaying tactic to fob off the media until they have studied the ramifications and can respond to the allegations in a coherent manner.

The jurisdiction of the Chennai police has been questioned by Modi and his lawyer.

The ED has issued a Look Out notice that will have Mr. Modi detained at all Indian ports if he attempts to enter the country; the IPL ex-honcho shows no inclination to oblige the authorities, preferring to remain in London with token noises about answering any queries via video conference.

Meanwhile, there still seems no resolution to the dispute within the Kochi consortium with the warring parties unable to come to any sort of arrangement as yet.

Rendezvous, who hold the major chunk of sweat equity are at loggerheads with the other co-owners, namely Anchor Earth, Parinee Developers, Anand Shyam Estates and Vivek Venugopal. Only Filmwave Combines are fine with letting Rendezvous continue in the Kochi consortium with management control.

All the other co-owners have paid cash for their stakes.

Rendezvous are willing to buy their sweat equity as long as they retain a say in management matters but doubts are expressed by their partners about the source of their funding and whether the infusion of funds would pass muster with the IT department and ED.

Shashi Tharoor has not been consulted this time around; it is considered best to keep the politician at bay while discussing business matters.

The clock is ticking for the Kochi franchisee and the BCCI must be hoping for a quick resolution, or else it will be a case of even more mud-slinging in the media.

Sunanda Pushkar, now Tharoor’s spouse, has relinquished her stake and is thus no longer a factor in the mediation.

Is this the lull before the storm? Or is it the eye of the storm?

The road to IPL 4 has never seemed more bumpy or more full of obstacles and potholes. Will road rage win the day?

Note: This is an updated version of the earlier article.

Quote of the day:
Anyone nit-picking enough to write a letter of correction to an editor doubtless deserves the error that provoked it. – Alvin Toffler

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