Singapore: Oct 14, 2012
Deccan Chargers’ captain Kumar Sangakkara hopes the Board of Control for Cricket in India (BCCI) will be able to resolve the crisis surrounding the IPL team, which has been terminated after failing to obtain bank guarantee.
The cash-strapped Deccan Chargers lost its status as an IPL team after the Bombay High Court stayed the order of Arbitrator for maintaining status quo on the matter till further hearing on Saturday.
The owners of the franchise had failed to produce a Rs 100-crore bank guarantee before the Bombay High Court, a condition that had been set for the struggling team's survival in the league.
They later approached the Court-appointed Arbitrator who had passed the order of status quo, according to PTI.
"BCCI moved an appeal against the Order of Arbitrator and the same was heard today morning. The Hon'ble High Court was pleased to stay the Order of Arbitrator after hearing both the parties", the BCCI said in a statement.
Sangakkara, the skipper of the Hyderabad-based franchise which boasts the likes of South African pacer Dale Steyn and Australia’s Cameron White, is hoping for a solution.
"Players have been paid and that's great. The franchise has ensured that they've always kept their word to the players and honoured all the contracts they have signed," said Sangakkara.
"They are now in arbitration with BCCI, I believe, to try and come to an agreement and the BCCI has always been very good in problem solving during the IPL they've done a great job over five years,” he was quoted as saying by Reuters.
"Deccan Chargers is a great franchise to play for, so we as players, we can't control those things, we just wait and see as to what will happen,” he added.