Now Indian Player will not be seeing wearing the Jersy with Logo of Sahara Group.
"...after an 11-year journey as sponsors, we can say with surety that cricket has become very rich. Many rich people are there to support cricket with a strong will to do so. So, with absolute peace of mind we can exit from cricket under BCCI and are exiting with a heavy heart," Sahara
Sahara India Logo |
"It was an emotional decision for us to start this sponsorship, but our emotions were never appreciated, and many genuine situations were not given due consideration at all," the statement read.
"Our first entry into IPL was thwarted in 2008 when we were disqualified, owing to a small technicality on the whims and fancies of BCCI. Yet our bid was not opened," the statement said.
"Last year,
"In the interest of the tournament, we repeatedly tried our best to pursue the BCCI for open auction of all players so that we achieve level playing field and all teams are equally balanced from the quality players' point of view. Again, as per BCCI's strict rules it was denied and again, we were deprived of natural justice. 12 of the best players were retained by the existing teams then," it added.
"The two new teams then requested for allowing us at least one extra foreign player but that too was denied, quoting rules."
The Board of Control for Cricket in India (BCCI) said in a statement on Saturday that it would be talking to long time Indian cricket team sponsor Sahara India to reconsider its decision to end its financial ties with it and its decision to pull out of the Indian Premier League (IPL) by withdrawing its ownership of the Pune Warriors' hours before the players' auction.
BCCI Logo |
His unavailability in the IPL this season prompted
"Yuvraj Singh, who is truly like one of our family members, is, quite unfortunately, passing through a bad phase health wise, undergoing treatment for critical illness, overseas.
Indian Player in Jersy with Sahara Logo |
"Our duty is to take care of him, so
"We requested the BCCI on the basis of the fact that we have only one Indian marquee player, that we be allowed to add price of Yuvraj Singh in our auction purse, during the February 4 auction because we had later taken Sourav Ganguly at 0.4 million.
"Again, we have been denied on the basis of the rule book. Yet again, a case of being denied natural justice. We think this peculiar situation of Shri Yuvraj Singh is silent in the rule book because it probably talks only about players who are temporarily injured."
"The manner in which Gayle was bought was not liked by many franchises, including Sahara," a
"Incidentally, once during the Champions League, one of the Indian IPL teams had a lot of injured players so they were rightly, out of natural justice, allowed to break the rules and take one extra foreign player. We appreciated this natural justice," it said.
"We really feel such one-sided emotional relationship cannot be dragged any further. We are withdrawing from all cricket under BCCI," it added.
But the company said that it would pay its sponsorship free for the next few months giving time to the BCCI to find a new sponsor. It also promised to pay the dues of its IPL players and staff.
"We don't want to give any problem to the BCCI and we also feel that the players should not suffer. BCCI will definitely take 2-4 months to get a new sponsor and we will continue paying the sponsorship money till then," it said.
"All other IPL team players, coaches and other such associates will definitely get their due this year, in case they do not get a chance to play," it said.
Detailing what it felt were the BCCI's attempts at slighting the company, Sahara was also unhappy about the fact that its logo was removed from the team shirt during the 2003 World Cup and a couple of other tournaments on directives of the ICC.
"Once during a World Cup tournament,
"It was ICC's decision so we could realise that it was for no fault of BCCI and we also did not want the players to suffer. As per the rules, we were not supposed to pay sponsorship money for those matches but we still paid the players share of the amount in entirety. Sadly, we never found BCCI believing in genuine give and take," the company stated.
Having withdrawn from cricket under BCCI,
"We are very happy to take a decision that the cricket money will be diverted to social work. We are declaring to put immediately Rs. 500 crore in Sahara Welfare Foundation, which will be run with the association of eminent persons of our country. For the programme as mentioned below,
"Every year minimum 10 crore will be distributed -- Rs.3 crore for cricketers. Rs.7 Crore for all other disciplines. We shall discuss with other federations where we are sponsoring different disciplines of sports and as per the genuine need for better promotion, we shall enhance the sponsorship amount."
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