IPL Governing council meeting decisions...

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Sai Jai

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Indian Premier League's Governing
Council (GC), on Sunday, decided to
appoint a six-member working group
to look into the Lodha Committee
report and chart the road-map for
the T20 tournament. The working
group will be headed by IPL chairman
Rajeev Shukla and will be bound by a
six-week time frame to report their
observations to the IPL Governing
council.
Shukla had made it clear that there
would be no final decision in today's
Governing Council meeting and that
the committee would take time to
protect the interests of various
stakeholders before deciding on the
future of beleaguered franchises
Chennai Super Kings (CSK) and
Rajasthan Royals (RR).
Star-studded CSK, two-time IPL
champions, and inaugural edition
winners RR were suspended from the
T20 League for two years by the
Supreme Court-appointed Lodha
panel as punishment for betting
activities of their key officials
 
RE: IPL Governing council decisions

Gurunath Meiyappan and Raj Kundra
during the 2013 season.
Since the decision, there have been
wide-ranged speculation surrounding
the future of the tournament and
the two-teams in particular. While
Shukla ruled out the possibility of a
six-team tournament, one lobby
strongly feels that the contracts with
Chennai Super Kings and Rajasthan
Royals need to be terminated with
immediate effect. The Justice Lodha
committee report, along with clause
11.3 in the Indian Premier League
(IPL) franchise contract, makes a
provision for this.
However, considering the long-term
investments of the concerned
franchises and the subsequent
consequence of the teams'
termination on brand IPL, any
decision will need thorough
deliberation, in consultation with key
advisers, GC observed.
Meeting Minutes:
1. BCCI respects the verdict of the
Lodha Commission and will abide by
their decisions, in toto.
 
RE: IPL Governing council decisions

2. The members recognized that
there is an urgent need to
understand the impact of this
decision and the wider ramifications
for BCCI in detail, so as to uphold the
paramountcy of the game in our
country.
3. The IPL GC hence authorized the
Chairman, Rajeev Shukla, to
constitute a working group which will
study this verdict, in consultation
with all our key advisors and explore
all the possible measures to be
adopted, with an objective to protect
the interests of all the stakeholders
involved.
4. This group will work within a time
bound period of 6 weeks and report
their recommendations to the IPL GC,
which will deliberate and share their
views with the working committee of
BCCI, for further action.
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