BCCI introduces mandatory business disclosure for players after Dhoni's

Earlier, it was reported that the India captain MS Dhoni has a 15 per cent stake in a sports marketing firm that manages him along with four other Indian cricketers © Getty Images

Chennai: Jun 22, 2013

Wounded by the conflict of interest controversy involving Indian skipper Mahendra Singh Dhoni, the Board of Control for Cricket in India (BCCI) has decided to set a rule making it mandatory for contracted players to present details of their endorsements, investments and business related to individuals or companies, when the new contracts are renewed in October.

“Once it is passed by the working committee, the players will have to submit documents relating to their endorsement deals, investments and business interests. The details of the agents of the players and the company the agent represents will also have to be produced if a player wants to be contracted,” a top BCCI official was quoted as saying by the Indian Express.

Dhoni courted controversy following reports that he held 15 per cent stake in Rhiti Sports Management, which manages cricketers Suresh Raina, Ravindra Jadeja and Pragyan Ojha, besides the Indian captain.

The proposal shall be discussed in the next BCCI working committee meeting in Chennai on Thursday.

“So far, we were only involved in cricketing matters of players but recent developments such as IPL spot-fixing and betting and Dhoni’s reported stake has resulted in the BCCI trying to ensure that all deals involving players are transparent,” the official added.