News posted by www.newsinfoline.com
Mumbai, May 16 (PTI) The BCCI top brass will meet officials of the sports management firm IMG tomorrow to seek details of the financial dealings during suspended IPL Commissioner Lalit Modi''s tenure. IMG conducts the Indian Premier League and recently hit the headlines for being part of Modi''s alleged plans of starting a rebel Twenty20 league in England. The firm would be represented by its senior vice president Andrew Whiteblood and legal experts Paul Manning and John Loffhagen. They are scheduled to meet BCCI President Shashank Manohar and secretary N Srinivasan at the BCCI''s headquarters and also expected to be present are interim IPL chairman Chirayu Amin and his advisor Bharat Patel. The meeting has been convened for the IMG officials to apprise the top Board officials on all matters relating to IPL, including the awarding of the global broadcast rights to Multi Screen Media-World Sports Group, since its conception, according to sources. The meeting comes less than 48 hours after Modi responded yesterday to the BCCI''s show cause notice on allegations of financial irregularities and bid riggings related to the T20 League with a voluminous reply running into over 10,000 pages. In January, 2008 the IPL was put on board with the conduct of bidding for eight city-based franchisees for which invitations to tenders were issued in December the previous year. The successful bidders on January 24, 2008 for the cities of Delhi, Mumbai, Chennai, Bangalore, Mohali,Jaipur, Hyderabad and Kolkata were GMR Holdings (USD 84 million), RIL Pvt. Ltd. (USD 111.9 m), India Cements Ltd (USD 91 m), UB Group (USD 111.6 m), Preity Zinta/Ness Wadia, Karan Paul/Mohit Burman (USD 76m), Emerging Media (USD 67 m), The Deccan Chronicle (USD 107.01m) and Shah Rukh Khan/Juhi Chawla/Jay Mehta (USD 75.09 m) respectively. .
News posted by www.newsinfoline.com
Click here to read more news from www.newsinfoline.com
Please follow our blogs
newsinfolinephotogallery
prabugallery
newsinfolinephotogallery1
photogallery1
No comments:
Post a Comment