BCCI looking for out-of-court settlement with CSK and RR on franchise fee

no image

ByArun S Kaimal, SportsCafe Editor

28

After suffering a blow from the verdict on Lodha committee recommendations, the BCCI wants to avoid further embarrassment and is looking for an out-of-court settlement with CSK and RR. The former IPL champions had approached the court against the Board’s insistence on paying the franchise fees.

After the 2013 IPL spot-fixing and betting scandal, Supreme Court-appointed Justice RM Lodha panel had suspended IPL franchises Chennai Super Kings and Rajasthan Royals last year for a period of two years. However, the Board asked the teams to pay the franchise fees for the two years, despite being suspended. All the franchises are required to pay one-tenth of their bid amount over a period of 10 years to continue in the cash-rich league. The former IPL champions paid the money under protest and moved court against the Board’s decision.

However, after the blow from the verdict on Lodha committee recommendations, the BCCI is keen to avoid another embarrassment from a legal tangle and is considering an out-of-court settlement with the franchises, said a report in the Times of India.

"It's already been settled I'm told," an official in the know of things told .

Chennai Super Kings were expected to pay Rs. 73 crore for two years, while Rajasthan Royals were expected to shell out Rs. 56 crore. 

Comments

Leave a comment

0 Comments

read previousIPL Auction | Sunrisers Hyderabad retention analysis and potential targets for 2026 season
Sunrisers Hyderabad will go into the IPL 2026 mini-auction with a purse of INR 25.5 crore, the third-most among the franchises. With their strong core intact and a squad of 15, including six foreigners, the Orange Army needs a premier spinner, along with backups across all departments.
Umesh Yadav : We planned to bowl as many maidens as possibleread next
After taking a four-wicket haul along with Mohammed Shami to dismantle the Windies batting line-up, Umesh Yadav on Saturday explained the plan made by the Indian team. The pacer revealed that the team planned to bowl as many maiden overs as possible to frustrate the home side at Antigua.

You may also like

View non-AMP page