IPL's News

[bajrang]

anyway 9 teams were kinda diluting the talent pool too much. with 8 teams and Pakistani joining in next time the quality will go up *no match phixing jokes* hope dale styen goes to punjab,

[Old guy]

bai, kaaton ludhiane di lassi karauna peya doojeyan ton :P ...pehlan othe ik vadhiya jahajaan waala adda banao...fer sara kush milju

lassi hon de lassi yar...bhul gya agla olympics ve ethe hi host krna hai ? :P

[bajrang]

so gayetri tweeted this

so which ICFer running gayetri reddys fake twitter acount ??

Cricketwallah Am also being informed that the Gayatri Reddy twitter account is fake in which case my earlier retweet of her tweet has no currency...

[Tiger-Don]

Awww im gonna miss cutie pie Gayathri!

[Andrew Peter]

I am always surprised whenever I see so many IPL haters on this forum . Surely the cricket purists arent big fans of this format. more so for domestic level tournaments . Like it or not this format and tournament is there to say as it has maximum number of fans in India . Our group of cricket freaks is a tiny minority among the cricket watching public among whom most are just casual viewers . Now we cannot expect the whole country to keep watching Tests for 5 days or Odi Cricket for 8 hours j

[Swing_n_Speed]

Bahh BCCI messed up. Why the F does the BCCI stick their noses into everything? Let Deccan sell to whomever they want? I really wonder if any sane investors would wanna stake their moolah with this authoritative board. Make no mistake IPL is a fab business model, it's the BCCI screwing things up.

[G_B_]

Bahh BCCI messed up. Why the F does the BCCI stick their noses into everything? Let Deccan sell to whomever they want? I really wonder if any sane investors would wanna stake their moolah with this authoritative board. Make no mistake IPL is a fab business model, it's the BCCI screwing things up.

the bcci were right The ipl is not at all to blame for any of this. The fact is the deccan's reddy bros heavily screwed their main core business. What the bcci should have done is let Dhoot of videocon choose his city. IMO the gujarat seam will be a go from adani next season. Also think Dhoot will try to bid for Nagpur.

[G_B_]

and btw

The owners and the BCCI set September 13 as the auction date but received only one bid, for Rs 900 crore ($164 million) from PVP Ventures, a Hyderabad-based urban infrastructure and film production company. DCHL rejected the bid as it considered the price and terms unsuitable but the BCCI may now offer PVP a second chance to buy the team.

http://www.espncricinfo.com/india/content/story/582292.html?google_editors_picks=true I think there will be a Gujarat team and a Hyderabad based team. As far as Deccan, if the above news is true, i dont know why they did not sell. They bought the franchise for $107 10 years ago. If they were ready to get $164 then i am surprised they did not sell.

[Haarkarjeetgaye]

Afridis bigger heart might have just sunk into a cockroach size one

[don_corleone840]

IPL is not for those who are looking for short term profits.It will take time for teams to create brand image.Small players should pull out because its going to be in loss for next 5 or soo years.

[yoda]

Poorly run team, let go all of it's players from 1st time around. So who will the cricket crazy gults support now?

[someone]

Poorly run team' date=' let go all of it's players from 1st time around. So who will the cricket crazy gults support now?[/quote'] :hysterical: Terrible hindsight. At the beginning of IPL5, they were still rated highly and among the forerunners to be in the top 4. And let's be honest, they definitely were unlucky in 7-8 matches with all those last over finishes. And you don't need stars in every team to support. There are enough niches places for teams like RR who enjoy huge popularity as well. ( Actually, DC had a pretty good side on paper) There are plenty of anti- Indians here who instead of feeling proud of IPL, only condemn it. Typically Indian nature, hating their own developed things. ( Yoga is the best example of what I mean).

[IKnowU]

Modi :isalute:

[Needforspeed]

gonna miss gayatri:((

+1 :((

[Old guy]

3G network nahi Ludhiana mein aur IPL team khareedne chale :phehehe:

hai toh.. bas reliance nad tata ka hai :P :cantstop:

[cricket.fan]

if pvp ventures get the new team for hyd, they should name it as 'Telugu Tigers'

[Sidhoni]

Bhopal Badshahs :cheer:

[SLICKR392]

3G network nahi Ludhiana mein aur IPL team khareedne chale :phehehe:

:hysterical:

[Swing_n_Speed]

the bcci were right The ipl is not at all to blame for any of this. The fact is the deccan's reddy bros heavily screwed their main core business. What the bcci should have done is let Dhoot of videocon choose his city. IMO the gujarat seam will be a go from adani next season. Also think Dhoot will try to bid for Nagpur.

In principle Deccan should be allowed to sell to whomever they want. Why does the BCCI have to dictate terms. If I've understood correctly this whole ruckus started because DC did not approve the offer made by some company. Apparently DC were not pleased with the payment terms. BCCI then butted in saying that the bid made by this company was good and that DC should've accepted. So basically BCCI is pressurizing DC to sell the franchise to a particular party. I think this is completely unfair. I guess there must be some clause which grants BCCI full rights under certain circumstances. Or else the Reddy's wld've sued.

[1983-2011]

New Delhi: The BCCI on Friday sought to justify the decision to terminate the IPL contract of debt-ridden Deccan Chargers, saying it was compelled to take action after the beleaguered franchise claimed that it had not committed any breaches and threatened to take legal recourse. The BCCI said the decision to terminate the IPL contract of Deccan Chargers was taken after "careful deliberation" and only due to the absolute inability of the franchise to effectively run the team. In a late night development on Friday, the BCCI cracked the whip on the cash-strapped Deccan Chargers by terminating the contract, ending the suspense on the fate of the beleaguered franchise. The decision was taken at an emergency Governing Council meeting of the IPL in Chennai. "BCCI was compelled to hold an emergency meeting of the IPL Governing Council late Friday evening to discuss certain developments due to the Deccan Chargers' defaults," board secretary Sanjay Jagdale said in a press release. "This evening (Friday), BCCI has 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. "By this, Deccan Chronicle Holdings Ltd has clearly admitted its inability to cure its breaches within the time stipulated in the BCCI notice despite every bit of assistance from the BCCI. Since the month of May, BCCI has received repeated assurances that the overdue player fees would be paid; all of these promises have been unfulfilled," Jagdale said. Jagdale said the BCCI made every effort to save the beleaguered franchise which also rejected the sole bid that was received at the auction. "Despite the Bombay High Court appointing a court officer to act as observer at the opening of the tender, which was conducted under the aegis of the BCCI to save the franchise, Deccan Chronicle Holdings Ltd rejected the bid that was received in the amount of Rs 450 crores cash and an equal sum in convertible debentures. This was despite the bidder meeting the eligibility criteria of the BCCI," Jagdale said in the release. Jagdale said that the Governing Council took note of the sudden change of stance by the franchise and also the fact that any further extension of time would seriously prejudice the interests of the players. "Considering the stated position of the Deccan franchise to refuse to rectify the various defaults including payments to players, foreign boards etc, as also the deleterious effect such conduct would have on the reputation of the IPL and the franchise itself, a decision was taken to forthwith terminate the Deccan Chargers franchise." "The BCCI is completely justified in this action which was taken with careful deliberation and only due to the absolute inability of the franchise to effectively run the team," he said. The termination of charges means that they will get no money and the BCCI will be entitled to en-cash the bank guarantee and make the necessary payment to the players and other stake holders. A similar thing has happened when the contract of Kochi Tuskers Kerala was terminated. According to a top BCCI official, the Board will now explore the option of floating a fresh tender for a new IPL team for the sixth edition next year. The matter will be discussed at the IPL Governing Council meeting and the Working Committee meeting in Chennai. "This option would be discussed when the governing council meets as we want nine teams to take part in the next edition of the IPL," the official said. The BCCI, it is learnt, also took legal opinion before deciding to terminate the Deccan contract mainly on the ground that it mortgaged the team to a consortium of banks which was clearly a breach of contract. The Deccan Chargers owned by Deccan Chronicle Holdings, was hoping to resolve its financial problems by selling the team but it rejected the sole bid it received at the auction in Chennai on Thursday. PVP Ventures Limited, the Hyderabad-based urban infrastructure and film production company, had offered Rs 900 crores but Deccan rejected it finding the terms of payment and the amount unacceptable. It is said that the banks were primarily unhappy with the mode of payment which ultimately led to the deal falling through. Deccan Chronicle Holdings purchased the Hyderabad franchise for Rs 428 crore in 2008. At the auction, the base price was said to be around Rs 750 crore. The winning bidder had to meet BCCI's eligibility criteria and other requirements. This was the first time an entire IPL franchise has been put on the block by its owners, although Rajasthan Royals sold a small stake in 2009 to the actress Shilpa Shetty and her husband Raj Kundra. http://cricketnext.in.com/live/news/bcci-justifies-decision-to-terminate-deccan/67820-13.html