We’ll deal with Kochi matter after IPL-3: Modi
April 14th, 2010 - 5:45 pm ICT by ANINormal
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Mumbai, Apr 14(ANI): Indian Premier League chairman Lalit
Modi on Wednesday said he would explain issues related to Kochi team to the
league’s governing council after the completion of present leg of the IPL.
Modi said: “Will deal with Kochi once the IPL is over.
I will also explain my side to the IPL governing council and we have no hidden
agenda, no hidden stakes.”
Modi expressed reservations over the ownership of the Kochi
team and claimed that the owners of Kochi franchise themselves did not know
some of the people involved with it.
“With regards to the eight franchisees, we know about
all the stake holders, but there are still some doubts over the ownership of
the Kochi franchise. Even the people who signed the tender documents don’t know
who they are,” he said.
Modi’s statement days after controversy engulfed over giving
19 percent free stakes to Dubai based businessperson Sunanda Pushkar, who is
said to be a close friend of Minister of State for External Affairs Shashi
Tharoor.
Modi said he had nothing to hide.
“This is a small issue, but an issue nevertheless,” he said.
The controversy surrounded over partnership in Kochi
franchise has surrounded as Modi and Tharoor, who are engaged in a spat over
the ownership of Rendezvous Sports World.
The Rendezvous Sports World is one of the stake holders in
the consortium that bought the Kochi franchise for Rs.1,530 crore.
In a comment on social networking site twitter, Modi claimed
that he was asked by Tharoor to not to get into who owns the Rendezvous Sports
World.
On Tuesday, Tharoor issued a detailed statement, claiming
Modi had acted in “bad faith” in a bid to transfer the IPL franchise
from Kerala to some other place (Ahmadabad)
“It has been clear for some time that the real motive
is to assign this IPL team elsewhere than Kerala,” Tharoor said.
Tharoor had denied having asked Modi not to reveal the
identity of the stakeholders.
The cash rich IPL, which has become a one billion dollar
revenue entity in the third season this year, had auctioned Kochi and Pune
franchise to Rendezvous and Sahara in March for a total of about Rs 3,200
crore. (ANI)
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- New twist in Kochi IPL saga as Narendra Modi, Pawar figure in it - Apr 15, 2010
- Kerala Cricket Association to meet Kochi IPL owners on Oct.7 to resolve issues - Oct 04, 2010
- Shashi Tharoor expects Pakistan to raise Kashmir issue in UN Assembly - Oct 14, 2010
- In huge IPL shake-up, Rajasthan and Kings are axed (Roundup) - Oct 10, 2010
- Tharoor faces more flak, Pushkar denies being his proxy (Roundup) - Apr 14, 2010
- Modi-Tharoor IPL row snowballs, BJP wants Tharoor sacked (Roundup) - Apr 13, 2010
- Tharoor meets Pranab, Antony over IPL row - Apr 15, 2010
- Happy over IPL team, Kerala gives controversy a miss - Apr 14, 2010
- Tharoor's fate uncertain, Pushkar gives up IPL stake (Intro Roundup) - Apr 18, 2010
- Tharoor's fate uncertain, Pushkar gives up IPL stake (Roundup) - Apr 18, 2010
- Kochi franchisees to challenge Modi - Apr 14, 2010
- BCCI president steps in to end Modi-Tharoor spat (Lead) - Apr 13, 2010
- Controversies done, Kochi set for maiden IPL match - Mar 31, 2011
- Tharoor slams Modi's 'unethical efforts' to thwart Kochi IPL - Apr 13, 2010
Tags: bad faith, crore, doubts, external affairs, franchisees, governing council, hidden agenda, ipl, kerala, lalit, minister of state, premier league, pushkar, rendezvous, rs 1, social networking site, spat, sports world, stake holders, tender documents
