bcci

BCCI to pay Rs8bn+ compensation to Kochi Tuskers

Last updated : Jan 02, 2018 17:01
SportzPower Team
Oct 24, 2017 12:10

NEW DELHI: The most powerful cricket body in the world has yet again been forced to eat humble pie after falling at the wrong end of the stick on the legal front. Needless to say, it is a seriously expensive pie. 

The Board of Control for Cricket in India (BCCI) is reportedly ready to cough up compensation of over Rs8 billion to IPL franchise Kochi Tuskers Kerala for terminating its contract in 2011, a massive mark-up on the Rs3 billion the team's promoters were initially willing to settle for.

Jul 25, 2017 16:07
SC bars Srini, Shah from July 26 SGM
NEW DELHI: Acting on expected lines, the Supreme Court on Monday restrained former Board of Control for Cricket in India (BCCI) chief N Srinivasan and Niranjan Shah from attending the Special General Meeting (SGM), scheduled to be held on July 26, as nominees of their respective state associations.
Jul 24, 2017 14:07
Indian women falter in final but gains irrevocable
MUMBAI: The Indian women's cricket team let nerves get the better of them in a tense summit clash against England, leaving Mithali Raj's giant-slaying side to live with the runners-up tag for a second time in the ICC World Cup at Lord's in London on Sunday.
Jul 23, 2017 15:07
BCCI elevates Hemang Amin to IPL COO
hbnbn MUMBAI: The Board of Control for Cricket in India (BCCI) on Saturday appointed Hemang Amin as the chief operating officer (COO) of the VIVO Indian Premier League.
Jul 21, 2017 17:07
IPL media rights ITT now available for purchase
MUMBAI: The Board of Control for Cricket in India (BCCI) on Friday made available for purchase the Indian Premier League Media Rights ITT (2018-2022). Both television and digital media rights to the league are up for grabs. The last date for purchasing bid documents is 24 August. Bids will be opened on 28 August and the result will be announced the same day, the BCCI has confirmed.
Jul 21, 2017 12:07
Players not entitled to share of IPL revenues: Deloitte
MUMBAI: Financial services firm Deloitte has stated that when computing share of revenues for players from income generated by Board of Control for Cricket in India, P&L's from the BCCI's cash cow - Indian Premier League — cannot be included.
Jun 28, 2017 15:06
BCCI
BCCI forms 7-member panel; to file reforms report by July 10
NEW DELHI: The Board of Control for Cricket in India (BCCI) on Tuesday formed a seven-member special committee to identify the critical points in implementation of the Justice RM Lodha Committee reforms.   
Jun 28, 2017 15:06
IPL Logo
Vivo retains IPL title rights with monster bid
NEW DELHI: Talk about humungous jump in value. Chinese mobile firm Vivo has retained the title sponsorship right of the Indian Premier League for a period of five years with a bid of Rs21.99 billion, approximately Rs4.4 billion per season.   Rival Chinese mobile firm Oppo was the next highest bidder at Rs14.3 billion.  
Jun 23, 2017 17:06
Bilateral series: ICC will not intervene
LONDON: "You gave a little, you take a little." The Board of Control for Cricket in India's decision to play ball with the International Cricket Council on a revised revenue share model has closed the loop on what has been an long festering irritant - the Memorandum of Understanding (MoU) signed with its Pakistani counterparts during N Srinivasan’s tenure in 2014.
Jun 23, 2017 16:06
Ireland, Afghanistan get Test status
LONDON: Afghanistan and Ireland were Thursday confirmed as full members of the International Cricket Council (ICC) after a unanimous vote at the ICC full council meeting at the Oval. Both will now be eligible to play Test cricket following a membership committee recommendation that the respective full member applications from each met the newly approved membership criteria and should be put forward for approval.
Jun 22, 2017 18:06
BCCI signs on to $405m ICC rev share deal
LONDON: After months of negotiations, the Board of Control for Cricket in India has agreed terms on a revised revenue share model from the International Cricket Council that was inked at the ICC's ongoing Annual Conference Week here Thursday. It was agreed during the conference that the BCCI would be getting $405 million, $266 million more than England, which will take home $139 million.
Subscribe to bcci