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January 13, 2012
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News : Kochi owners to go to court over termination
News : Government sends BCCI 19 show-cause notices News : Will protect Kochi players' interests - Shukla News : Kochi franchise terminated by BCCI In Focus:
The IPL Mess
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The BCCI has asked the international players who had signed with Kochi Tuskers Kerala, the now defunct IPL franchise, to file individual court cases against the owners in order to recover the money due to them. ESPNcricinfo understands that the move is purely a legal requirement and that the board has assured the players, who signed a two-year contract, that they will receive their money for IPL 4 and IPL 5. The international players who played for Kochi included Mahela Jayawardene, Muttiah Muralitharan, Brendon McCullum and Steven Smith.
The Kochi franchise was terminated by the BCCI last September for breaching its terms of agreement. The board also encashed the team's bank guarantee worth Rs 156 crores (US$ 30.39 million). At the time, Rajeev Shukla, the IPL chairman, said the board would protect the players' rights.
"Our prime concern will be the players' interest, their interest is not hampered in terms of financial losses and also in terms of their participation in the tournament," he told PTI. "Suppose these players are re-auctioned for some other franchise and if there is any difference in what they are supposed to get, it will be compensated by us."
The need for the players to file individual cases arose because the player contracts are between the players and the franchises, and not the BCCI. Under Indian law, a legal agreement between two parties is required when it comes to remitting money overseas. In the absence of an agreement, if the board transferred money to the players in other countries, it would violate the provisions of the Foreign Exchange Management Act, something it has already been accused of violating multiple times by the government.
Therefore to avoid contravening the law, the board wants the players to sue Kochi with the BCCI included as party to each case. ESPNcricinfo understands this would then lead to the players being permitted to be paid by the BCCI for the 2011 season and beyond.
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Posted byScarp IPL?! It is killing real cricket!
Posted byMahels stands to make a lot of money in the auction.. I bet Pune or Delhi will take him.
Posted by@kavindevan- then u shuld hav moved to some other websites.....ths is CRICINFO
Posted by indianzen on (January 14 2012, 16:57 PM GMT)Mallus finally get what they deserve... they were too boasty with the team, now I will see where their mouth will be...
Posted byi can imagine what mahela jayawrdene thinking now...no money from srilanka board...no money from IPL.....time to apply for a loan from his sponsors bank
Posted byThe team which gave us fans so many hopes, sad to see its gone forever... You will remain in our hearts for ever TUSKERS... :(
Posted bySeems like times are changing for BCCI. What a nice gesture.
Posted by the_Srikanth on (January 13 2012, 14:00 PM GMT)IPL format needs a change, should be made similar to NFL. From 2013/2014 onwards, They should have 12 teams divided into 3 divisions. Assuming that the additional cities that will be bought in the auction are Kochi, Ahmedabad & Nagpur (although I would love Kanpur to be one of them to have that part of the country represented). There will be a South division comprising of Chennai, bengaluru, Kochi, Deccan. There will be a West division made up of Mumbai, Pune, Ahmedabad, Jaipur. There will be a NEC (North-East-Central) division made of Mohali, Kolkata, Delhi,Nagpur. Each team will play its division members twice (Home and away) and play the remaining 8 teams once (4 home games and 4 away games). That way, each team plays 14 games in a season. Team with the best 14 game record in each division gets into playoffs. The 4th team in the playoffs would be a wild card entry, one that failed to top its division but was best among all those who didn't. Playoffs can be done how they do it now.
Posted by Baundele on (January 13 2012, 13:19 PM GMT)The IPL Circus played by the BCCI jokers continues...