A court has ordered the BCCI to pay more than 640 USD million to former IPL champions Deccan Chargers for illegal termination of the franchise.
The Deccan Chargers who were previously owned by the Deccan Chronicle newspaper group were removed from the IPL in 2012 by the Indian Cricket Board for financial breaches. The action was taken a day before the team’s deadline to settle matters. However, the Bombay High Court ruled Friday that the termination was illegal and premature, a legal representative of the Deccan Chronicle told media.
“They have been directed to pay 48 billion rupees ($640 million) plus taxes which might amount to about 80 billion,” the legal representative said. “We haven’t received the judgment copy yet, only after reading we will decide next plan of action,” Hemang Amin, the interim chief executive of the BCCI, was quoted as saying by the Economic Times newspaper.
In 2017, the Kochi tuskers Kerala team won a similar case over its termination six years earlier. The IPL is the world’s most popular 20-20 league which has always been surrounded by controversy such as corruption & match-fixing cases since it started in the year 2008.
A spot fixing scandal in 2013 led to the CSK & Rajasthan Royals teams being suspended for a term of two years.