Sport : Cricket

BCCI terminate Chargers contract

15th September 2012, 07:27am

Bet with SkyBet  World Twenty20. Click here to bet.

Deccan Chargers: Contract terminated

Deccan Chargers: Contract terminated

The Board of Control for Cricket in India have terminated the contract of Indian Premier League franchise Deccan Chargers.

A statement issued on behalf of BCCI secretary Sanjay Jagdale stated that concerns over player payments and a "sudden change of stance" by the owners had precipitated the decision.

Jagdale concluded that the termination was justified "due to the absolute inability of the franchise to effectively run the team".

Chargers finished bottom of the inaugural IPL, but won the competition under Adam Gilchrist in 2009.

Their current roster of players includes top international stars who could now be free to pursue contracts elsewhere, including Dale Steyn, Kumar Sangakkara, Cameron White, Ishant Sharma and JP Duminy.

The official statement read: "BCCI was compelled to hold an emergency meeting of the IPL Governing Council late Friday evening to discuss certain developments due to the Deccan Chargers' defaults.

"This evening, BCCI has received a lawyers' notice invoking arbitration from the franchise stating that it had not committed any breaches and even if such breaches were committed, the BCCI should not act to terminate the franchise till Yes Bank Ltd furnishes sufficient finance to cure the breaches.

"By this, Deccan Chronicle Holdings Ltd has clearly admitted its inability to cure its breaches within the time stipulated in the BCCI notice despite every bit of assistance from the BCCI.

"Since the month of May, BCCI has received repeated assurances that the overdue player fees would be paid; all of these promises have been unfulfilled.

"The Governing Council took note of the sudden change of stance by the franchise and also the fact that any further extension of time would seriously prejudice the interests of the players.

"Considering the stated position of the Deccan franchise to refuse to rectify the various defaults including payments to players, foreign boards etc...a decision was taken to forthwith terminate the Deccan Chargers franchise."

Bet with SkyBet  World Twenty20. Click here to bet.

Cricket Videos

    Bollywood star on India's World Cup chances

    Bollywood star on India's World Cup chances

    28-January-2015

    Bollywood legend Amitabh Bachchan talks to Sky News Sunrise's Jacquie Beltrao about India's Tri-Series campaign and the upcoming Cricket World Cup.

    Broad preparing for India

    Broad preparing for India

    28-January-2015

    Stuart Broad is preparing for England's must-win game against India and says the team are doing a lot of thing right.

    Clarke captaincy in doubt?

    Clarke captaincy in doubt?

    28-January-2015

    Yorkshire First Team Coach Jason Gillespie say Steve Smith has done a fantastic job in Michael Clarke's absence.

    New Zealand seal series win

    New Zealand seal series win

    25-January-2015

    New Zealand sealed a series win over Sri Lanka with a game to spare after an emphatic 120-run win in the sixth ODI in Dunedin.

    Sky Bet

    Facebook Favourites