IPL news September 14, 2012

BCCI terminates Deccan Chargers franchise

ESPNcricinfo staff

The BCCI has terminated the troubled Deccan Chargers franchise, winners of IPL 2009, after an emergency league governing council meeting in Chennai on Friday. Senior BCCI officials told ESPNcricinfo 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."

"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. "By this, Deccan Chronicle Holdings Ltd has clearly admitted its inability to cure its breaches within the time stipulated in the BCCI notice despite every bit of assistance from the BCCI. Since the month of May, BCCI has received repeated assurances that the overdue player fees would be paid; all of these promises have been unfulfilled.

"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.

The fate of the players is not yet clear; they might be retained by the next buyer or be put up for auction for the other IPL teams. Chargers' squad boasted some of the world's top current players, including Dale Steyn, Kumar Sangakkara, Cameron White, Ishant Sharma and JP Duminy. The coach is the Australian, Darren Lehmann.

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.

Friday's developments bring the curtains down on an issue that has dragged on for three-odd months after the team's owners, Deccan Chronicles Holdings Limited (DCHL), ran into financial problems. Last month, the banks knocked on the BCCI's doors to help them out, after which the board had set a deadline of September 15 for Chargers to clear all their dues including player payments and report with a clean slate. However, DCHL said they were unable to sort out the problems and formally placed the team up for sale on September 6.

The owners and the BCCI set September 13 as the auction date but received only one bid, for Rs 900 crore ($164 million) from PVP Ventures, a Hyderabad-based urban infrastructure and film production company. DCHL rejected the bid as it considered the price and terms unsuitable but the BCCI may now offer PVP a second chance to buy the team.

DCHL had till 5 pm on Saturday to come up with a solution but the termination one day ahead implies they had informed the BCCI about their inability to do so.

Comments have now been closed for this article

  • Suman on September 16, 2012, 13:24 GMT

    All the folks ranting here about IPL destroying player ethics as they choose to represent their franchises over their country, I would just say one thing, won't you switch jobs if you get an offer that pays way more than you current job? Seriously, playing cricket is the JOB for these players just like anybody else having a job. And those who say playing for the country made the players what they are today, well, my first job gave me experience and made me what I am today, but it would be laughable to say that it binds me to never switch jobs even if I get a much better offer.

  • jayaesh on September 16, 2012, 8:20 GMT

    I don't get some of my fellow Indians, do you know/ watch any other sports? EVERYTHING is clubs/franchises based in every single sport, and international play is held in special tournaments to make the games more meaningful! Why are you all so determined to go against the tide, is it cause you don't know any better? Afraid of change?, most of these people have never seen any sports in life except olympic games,most of them are either middle aged or NRI'S who have become overpatrotic after leaving the country for dollars and euros.Newsflash IPL still gets better ratings than most Indian test matches and some meaningless odi's and gets bums on seats even in scorching Indian summer heat,lets enjoy cricket weather it's team India or KKR !!!!!!!!

  • Dummy4 on September 15, 2012, 12:41 GMT


  • afzal on September 15, 2012, 10:38 GMT

    thank god!! Now, we hyderabadis can concentrate on other sports, which require more stamina and skills than cricket. and our kids won't get distracted during exams due to IPL. Even myself got distracted from studies during my exams due to IPL. It will save lot of time for us. But what should we do with all the costly merchandise we bought to support deccan chargers???????

  • Dummy4 on September 15, 2012, 10:07 GMT

    If Indian team will out from T20 world cup in early stages then there is no advantage of this fake or full of controversy IPL.I request to BCCI please don't involve in any other board ,like Bangladesh and Srilanka they are the puppet of Indian board,please don't take personally to everyone.

  • Steve on September 15, 2012, 9:44 GMT

    @victor masaka - I agree, even if for no other reason than the cringe-worthy team names - i mean "Super Kings" "Royals".... What four year old thought of them???

  • Senthil on September 15, 2012, 9:21 GMT

    It seems many have this wet dream of IPL coming to a close. Too bad, that is never going to be realized. The IPL is one of the most successful sporting leagues in the world, and given its short history and the limited nations following the sport, it is nothing short of stupendously successful. As for Deccan, it sure sounds like poor money management on the part of the owners, who thought their franchise will yield a bounty no matter how they run it. Well they sure know how to run a franchise - into the ground, pun intended. @RathishCochin - Parthiv Patel's first team, CSK, is doing just fine.

  • Milind on September 15, 2012, 9:02 GMT

    Amusing to see comments from people who do not even attempt to understand that the problems arose elsewhere in DC Holdings businesses and the impact was on DC.

  • balu on September 15, 2012, 9:01 GMT

    only IPL can make cricketers life more happier like english premier league is for football players

  • Dummy4 on September 15, 2012, 8:01 GMT

    From IPL1 deccans price tag made no sense, 3rd highest bid when hyd isnt cricket crazy like other places in india nor does it host many matches. Combine that with their horrible home record & overall record also. I can see why the team didnt make as much money when they won ipl2 it was in south africa so the fans didnt get to see them make the semis & win the final. The way they got rid of players was also worrying, kp + ojha last year & half the mumbai indians team is former deccan players. Id like the PVP Ventures group to buy the team & keep it in hyd because it would be a bit pathetic for a top 10 indian city to lose its team because they cant pay.

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