Published: May 25, 2013, 03:52 AM (IST)
Edited: May 25, 2013, 03:52 AM (IST)
Lalit Modi called for fresh auctions to be held for a new franchisee © Getty Images
Mumbai: May 25, 2013
Former Indian Premier League (IPL) commissioner Lalit Modi on Saturday demanded the termination of Chennai Super Kings franchisee and called for fresh auctions to be held after the arrest of N Srinivasan’s son-in-law, Gurunath Meiyappan.
“If a owner of an IPL team is engaged in betting, the contract clearly states that there is a suo motu right to cancel the agreement of the team and that should be done right away [sic],” Modi was quoted as saying by CNN-IBN.
Now that arrest is made of guru and he has been booked by police. India cements franchise agmt should be terminated suo Moto
— Lalit Kumar Modi (@LalitKModi) May 24, 2013
“They [Chennai Super Kings] should not exist. There contract should be cancelled and a new auction should be held for the franchise. Betting is a strict no no. It is against the constitution of IPL. It is against the constitution of BCCI,” he added.
Owners are biggest stake holders in IPL. Like in NFL and other sports they should take over running of IPL jointly. Take it out of Bcci hand
— Lalit Kumar Modi (@LalitKModi) May 24, 2013
Modi also suggested that the owners should now come forward and run the IPL. The leash should be taken away from BCCI and the IPL governing council.
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