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IPL Round-up: Kochi on verge of going belly up, Kings XI ‘courts’ BCCI
Image via Wikipedia
Is it the end of the road for the Kochi consortium? A Daily News & Analysis (DNA) report would have us believe so.
Vijay Tagore reports that at a meeting held on Friday, the 12th of November, 2010, the franchisee owners agreed to write to the Board Of Control For Cricket in India (BCCI) to cancel the team.The letter is to be submitted this Monday or Tuesday. This is a good two weeks before the deadline extended by the BCCI.
(Well, if there’s bad news to be had , you might as well receive it early.)
The irreconcilable differences in the cobbled-together-unit could not stand the scrutiny of day. The members’ sole concern is to recover the money and bank guarantee submitted to the Board.The agreement fee was $10 million (Rs. 45 crore) and the bank guarantee Rs. 153 crore , 10 per cent of the team’s worth.
In this case, it does seem a case of a terrible beginning making for an equally tragic ending.
IPL: A Sea Of Storms For Kochi, Kings XI and Rajasthan Royals
Image by kdewhunter via Flickr
The route to IPL4 has never seemed as foggy as it is today.
And there seems to be no one sounding the fog horn either!
The three vessels SS Kings XI Punjab, SS Rajasthan Royals and SS Kochi are stranded in the stormy seas seeking a lighthouse to guide them to safety.
But their distress signals , their SOSs, have received little response from the current keepers of the beacon.
The IPL seas are still uncharted waters and the reefs are mapped as they are traversed.
Three voyages in three seasons and it was Heigh Ho! Life’s a bottle of rum!
Life’s not so rummy any more for the voyagers.
Nor quite so profitable!
The treasure hunt continues!
