BCCI Directed To Pay Rs 4800 Crores For 'Illegal Termination' Of Deccan Chargers
By Yash Mittal
Published - 18 Jul 2020, 12:25 AM | Updated - 23 Aug 2024, 12:31 AM
The Board of Control for Cricket in India [BCCI] has a lot on its plate thanks to the Covid-19 enforced hara-kiri that has put the entire schedule- International and domestic- and the 13th edition of the IPL into jeopardy. And, the apex cricketing body has now another jolt, this time after the court directed the Sourav Ganguly-led BCCI to pay a whopping Rs 4700 crores with regards to the ‘illegal termination’ of the now-defunct Hyderabad-based franchise Deccan Chargers. The 2009 IPL champions and one of the eight initial franchises in the first edition of the league was terminated by the BCCI on September 15, 2012, after an emergency meeting of the league’s governing council. This comes after the court-appointed arbitrator passed an award in favor of the erstwhile owner of the franchise- Deccan Chronicle Holdings [DCHL]. Also Read: Venues Ready In UAE As Emirates Cricket Board Gears Up To Host IPL 2020