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Author Topic: The "Complicated" IPL (Indian Premium League) Mess  (Read 1035 times)

Offline Jhanda_Amli

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The "Complicated" IPL (Indian Premium League) Mess
« on: April 29, 2010, 08:54:58 AM »
IPL - Indian Premium League, a Lavishing Cricket Tournament which just finished its three Years and Claimed to be grown to sixth biggest Tournament in the world in Three Year

This story is one the most complicated story so far in the year, where you have The CEO from IPL, Ministers and all kind of Messed up crap - hope this will simplify some things out

The story begins on 12th April when IPL commissioner Lalit Modi tweeted the details of the owners of the newly formed Kochi franchise. One of those name was that of Sunanda Pushkar, a close friend of Minister of state External affairs Mr Shashi Tharoor who was given a 4.9 % worth free share on sweat equity. Modi also mentioned that he was asked not to get into the details of the stake holders by Mr Tharoor. Tharoor denies the allegation saying he played the role of the mentor to bring IPL to his home state.

The mercury rises on April 13th with Mr Tharoor tweeting that he had had enough. In a press release he said that Rendezvous Sports included many members, many of whom he didn’t know and Sunanda Pushkar whom he knew very well. On the other front, Vivek Venugopal, co-owner, Kochi IPl team accused Modi of breach of confidentiality of agreement asking him to reveal the shareholding structure of other teams. BCCI decided to step in. President Shashank Manohar rebuked Modi for public disclosure. Modi replies saying that the Kochi owners were liars and have a lot to hide.
 
On 14th April, Sunanda Pushkar, who had been seen with the minister at various public outings, lashed at the media for ignoring her professional experience. Tharoor adds another twist claiming that he had received death threats through SMSs. Shailendar Gaekwad CEO Kochi franchise spiced things further claiming that Modi offered them $50 billion to let go of the team. He also alleged that Modi wanted to take the team to another city.

On 16th April, Congress Jump in as the case was taken to the Parilament. Tharoor presents his case in front of the Parliament but the opposition is in no mood to listen. He later presented his statement outside the Parliament.

On the 18th of April, Prime Minister of India Manmohan Sing Jump in, Congress demand resigination. Tharoor, under pressure from the opposition and the media, resigns as Junior Minister and hands in his papers to the Prime Minister. On the other hand, Lalit Modi was in the eye of a storm with IT officials raiding his office and home and the office of the Punjab team. BCCI also tightens the screws saying that Modi’s wings may be clipped with speculations ripe that Shashank Manohar may be made the Co-Commissioner. Modi is also accused of having stakes in other teams.

20th April sees the defiant face of Modi as he returns to Mumbai from Dubai and says that every thing was fine. The brave-faced IPL Commissioner also says that he would answer all questions in the IPL Governing Council meeting which is scheduled to be on the 26th. He gets support from some team owners like Vijay Mallya of the Bangalore team and Subroto Roy of the Pune team. Meanwhile, the IT officials summon the documents of the other franchisees.

On the 21st of April tax officials survey the offices of World Sports Group and Sony Multi Screen Media; the broadcasting partners of the IPL. Another story crops up; the Adani group who unsuccessfully bid for a team said that their bidding papers had gone missing and that IT officials were on the hunt.

On the 22nd of April, Manohar defends BCCI treasurer, IPL Governing Council Member and Chennai team owner. Modi had pointed out that the India Cements boss had a direct conflict of interest and he had no business convening a General Council meeting. The battle lines are clearly drawn.

On the 24th of April, Modi is all set to take the BCCI to court over the April 26th meeting. As the day passes, Modi tones down and decides against a legal step for the time being- requests the Board to give him five more days to prepare his case for the allegations. On the same day, the Airtel CL T20 Governing Council meets but Modi skips it.

On the 25th of April, the BCCI meets to decide on the strategy for the Monday meeting- rounds up allegations and agenda against Modi. A defiant Modi also decides to attend the meeting and set a note of agenda to the Governing Council members.


Moral 1 - Modi Make ths System (IPL) - Great work to what ever he and How me Made IPL a Hit... But the problem is he wanted to get bigger than the system, So as a result the System Cut him down.

Moral 2 - Think Twice before you put something in public.... Twitter, Facebook and PJ .. Privacy!!
« Last Edit: April 29, 2010, 09:12:58 AM by Jhanda Amli »

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