Cricket: Deccan Chargers ejected from IPL
Termination stands after the team failed to meet a deadline to submit $19 million as guarantee money.
NEW DELHI:
Indian Premier League side Deccan Chargers has been expelled from the tournament, said the Indian cricket board, despite a last-ditch effort by the team owners to pull it back from the brink. The Board of Control for Cricket in India (BCCI) said the termination of the franchise stands after Deccan Chronicle Holdings, owners of the team, failed to meet a Friday deadline to submit $19 million as guarantee money. The BCCI is now free to decide whether to float a new tender to replace the IPL franchise belonging to the financially strapped Deccan Chronicle, a media company, unless the team’s owners opt to take the case to a higher court.
Published in The Express Tribune, October 14th, 2012.
Indian Premier League side Deccan Chargers has been expelled from the tournament, said the Indian cricket board, despite a last-ditch effort by the team owners to pull it back from the brink. The Board of Control for Cricket in India (BCCI) said the termination of the franchise stands after Deccan Chronicle Holdings, owners of the team, failed to meet a Friday deadline to submit $19 million as guarantee money. The BCCI is now free to decide whether to float a new tender to replace the IPL franchise belonging to the financially strapped Deccan Chronicle, a media company, unless the team’s owners opt to take the case to a higher court.
Published in The Express Tribune, October 14th, 2012.