MUMBAI: Better late than never. The dithering by the Board of Control for Cricket in India over issuing a letter of intent to CVC Capital Partners, the global private equity giant that had put in a winning bid for the Indian Premier league's new Ahmedabad franchise, appears to finally be over.
Multiple media reports indicate that CVC, whose links to online betting companies had been red flagged (by UK-exiled former IPL head honcho Lalit Modi for some strange reason) after its successful bid for the new Ahmedabad franchise, is set to get the all clear from the BCCI.
