subject: Kochi BCCI Wants More Time To Resolve Internal Differences [print this page] Kochi BCCI Wants More Time To Resolve Internal Differences
The deadline set by the BCCI has expired, but the consortium Kochi IPL wants more time from the Cricket Board to resolve its internal differences.
The franchise that has roped in former India captain Sunil Gavaskar in an advisory capacity, said it rains a few times of the BCCI. "We are very close to the consortium to resolve our internal differences and wants BCCI to give us more time, and have also tried," CEO franchise Satyajit Gaekwad said Tuesday.
"We have not missed any payments to BCCI and you just want a little time," he said Shashank Manohar said.BCCI president convened an emergency meeting of the Board of Directors of IPL on Wednesday in Nagpur to consider the question of franchise Kochi.
The issue of contention is who will run the franchise business, Cricket Board purchased for $ 333 million in the joint venture was formed.The investors include corporate enterprises anchor Earth Developers Parinee, Rosy Blue Wave and Movie who hold a percentage of equity.
75 The Commission had granted the franchise in 10 days time on October 10 to settle their internal disputes and franchisees responded by sending a letter to the BCCI, the last day of the period October 20.The legal team Cricket Council has been tasked to study the letter that was sent to Manohar.
"Today was the last day franchise granted to Kochi to meet the message given to them. They held several meetings over the last two or three days and presented a letter that was sent to the President (Shashank Manohar), "BCCI CAO Ratnakar Shetty professor, told reporters Oct. 20.
