Sep 15, 2012

BCCI terminates Deccan Chargers franchise, to float new team

The BCCI has terminated the troubled Deccan Chargers franchise, winners of IPL 2009, after an emergency league governing council meeting in Chennai on Friday. ESPNcricinfo write giving the source of Senior BCCI officials that the tender for a new franchise would be issued on Saturday.

A BCCI statement issued late on Friday night said the board's action came after what it called a "sudden change of stance by the franchise" regarding its commitments and the board's belief that any further extension of time to the franchise owners would "seriously prejudice the interests of the players." 

Deccan Chargers
BCCI

       Vs"This evening, the BCCI 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," the statement said. 








"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 marketing committee is scheduled to meet in Chennai on Saturday morning to discuss and finalise the tender to add a team to the IPL. A board official said there would be a shortlist of cities for the bidders to choose from, with the location of the new franchise to be decided by the highest bid for one of those cities.

Deccan's IPL history summed up the romance of cricket; bottom of the league in their first season, they came together in 2009 under Adam Gilchrist to win the tournament in South Africa. Their performance in subsequent seasons, however, has been below-par.

However, the final decision rests with the working committee members. As of now, the board's logic is simple. "If these banks are offering a bailout package to the Chargers, their intention is clear. They want to run the team," a top BCCI official said.

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