The IPL Mess

Kochi franchise cleared to play in the IPL

ESPNcricinfo staff

December 5, 2010

Comments: 49 | Text size: A | A

The Kochi franchise's new ownership pattern has passed scrutiny and the team will feature in the fourth edition of the IPL, which begins on April 8. After receiving the new ownership pattern from the Kochi consortium last Sunday, the IPL had deferred the final decision by a week. Today, after a two-hour long meeting that was attended by some of the Kochi owners, the IPL said it was satisfied with the submissions and assurances from the consortium.

"The IPL governing council confirmed that the Kochi franchisee had satisfactorily responded to the notice issued to them by the BCCI, and decided that the franchisee Kochi Cricket Pvt Ltd, would play in the IPL from 2011 onwards," the BCCI said in a release after the meeting.

The decision means that the IPL in 2011 will have at least eight teams, while uncertainty continues over the fate of the two franchises that were terminated - Rajasthan Royals and Kings XI Punjab. An arbitrator has since passed a stay order on Rajasthan's termination while the hearing of Punjab's appeal was stalled because the same arbitrator stepped down citing a conflict of interest.

"For the moment the IPL will have eight teams, until the courts decide on Rajasthan Royals and Kings XI Punjab, which have entered into legal battles with the BCCI after they were terminated," an IPL official told ESPNcricinfo.

It was the fourth time the governing council was meeting to discuss whether to retain the faction-ridden Kochi franchise, which suffered from disputes right from its inception because of a tussle for ownership between the promoters and the investors. Annoyed and dissatisfied by the franchise's inability to sort out the internal problems, the IPL served a termination notice to Kochi on October 27, giving it a 30-day deadline to respond and explain why it should not be scrapped. The franchise was given two extensions before it finally submitted its restructured ownership pattern on November 28.

The investors in the Kochi consortium include corporate firms Anchor Earth, Parinee Developers, Anand Shyam Estates and Film Wave - which held 74% of the equity according to the original shareholding structure when they won the bid. The remaining 26% had been given to the family of Gaikwads - Shailendra, his brother Ravi and their parents plus a few others, all part of Rendezvous Sports - as free equity for services rendered in successfully bidding for the franchise.

© ESPN Sports Media Ltd.

Posted by AJITHKS on (December 10, 2010, 5:19 GMT)

kochi deserve it.. if any1 thougt that IPL is a "South Indian League", jst bcz d quality of d players and states.... bt 1 thing i must say.. no need 2 allow 2 teams 2 a single state.. ahmedabad losing the bid bcoz of this reasn......

Posted by   on (December 8, 2010, 16:46 GMT)

ahamadabad dosenot deserve a place in ipl beseause kerala have more cricket lovers and more talent

Posted by   on (December 7, 2010, 1:34 GMT)

@Amith Kumar: Best IPL will be season-4, with Mumbai Indians winning it..

Posted by rkhalil on (December 6, 2010, 11:35 GMT)

Conrats to Sreesanth for Kochi team........

Posted by unkith on (December 6, 2010, 8:55 GMT)

This is all one huge publicity stunt that is using the limelight to keep the IPL in the minds of the general public to ensure a mega hit edition 4. Nothing wrong with it, except for the fact that is is wasting court time in a country like India where legal disputes take decades to resolve for the common man. If I am right, and I see no reason why I won't be, before the world cup starts, all issues, including Lalit Modi will be sorted and everyone will be one big happy family once again. This is all a game of TRP's and in the words of the great Edward Bernays, the father of Public Relations, there's "no such thing as bad publicity" and that's precisely what all this is, a facade to hide the true motive of maximizing the publicity for the 4th edition of the IPL.

Posted by Runster1 on (December 6, 2010, 8:36 GMT)

I hope derby matches are formed in the next decade in IPL (mumbai and pune, delhi and punjab (?)). Ranji Trophy Super League is also revamped to become a premium first class cricket league in the world in IND. I hope a North vs South rivalry is formed as well and INDIANS SHUD SUPPORT THE CITY FROM WHICH THEY COME FROM!!!! SO CLUBS CAN BE SUSTAINABLE AND HAVE LOCAL SUPPORT. PUNJABIS GO FOR PUNJAB AND PEOPLE FROM MUMBAI GO FOR MUMBAI.

Posted by   on (December 6, 2010, 6:04 GMT)

At last something good to hear...

Posted by   on (December 6, 2010, 2:04 GMT)

punjab and rajasthan wil have hard time making it so we have delhi chennai mumbai banglore kolkata and kochi as of now which are certain to participate need 4 teams needed to make 10 two for 8 still uncertain who is in who is not

Posted by   on (December 6, 2010, 0:23 GMT)

@Nilay Yadav, Centres with no proper infrastructure????? what do you mean? some enlightenment required. Cochin won it because people invested money and managed to successfully win a bid... I dont think this is some sort of government affair to divide things equally among people on the basis of location or language... Its basically the bidders fault that ahmedabad couldn't get through and whats the point in you saying things like South Indian League and stufff.... "As a follower I have really lost the interest in IPL..... Shame On BCCI?????????" OMG how about you stop moaning for a moment, I'm sure you'll be there to watch IPL and you'll be fine buddy... People with money manage to win a bid and they chose cochin and people should understand one thing it have nothing to do with ahmedabad losing the bid coz they where the chance in the first place for the bid which they couldnt win...Now how about we taking a break till player auction for heaven sake...!!!

Posted by SettingSun on (December 5, 2010, 20:01 GMT)

If there is a bigger joke in professional sport than the IPL then I'd love to know what it is. Can you imagine this happening in the Premier League? "Excuse me Mr Ferguson, but I'm afraid you'll have to give up all but four of your players this season." Completely and utterly ridiculous, I can't believe people watch this junk.

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