BCCI ordered to pay more than $640 million to former IPL champions Deccan Chargers
A sole arbitrator has ruled in the favour of former Indian Premier League champions Deccan Chargers by asking India's cricket board to pay a substantial sum to the franchise for its illegal termination.
The Chargers, owned by the Deccan Chronicle newspaper group, were removed from the IPL set-up by the Board of Control for Cricket in India (BCCI) over concerns regarding their financial wellbeing.
The sudden action arrived a day before the team's deadline to settle matters prompting the affected company to challenge the decision in court.
The Bombay High Court has thus ruled the 2012 termination of the franchise was illegal and premature given the fact that dealings were still underway between the two parties.
"They have been directed to pay 48 billion rupees ($640 million) plus taxes which might amount to about 80 billion," a legal representative of Deccan Chronicle told AFP.
"We haven't received the judgement copy yet, only after reading we will decide next plan of action," Hemang Amin, the interim chief executive of the BCCI, was quoted as saying by the Economic Times.
Deccan Chargers was one of the eight original teams to play the inaugural edition of the IPL where they finished last. The following season, they won the lucrative league under the leadership of Australian wicketkeeper-batsman Adam Gilchrist.
Troubles with arbitration cases related to defunct IPL franchises is not a foreign concept to the BCCI since the Kochi Tuskers Kerala won a similar lawsuit in 2017 over the fact that it was terminated in 2011.
The IPL has also had problems with spot-fixing and corruption in the past with the Chennai Super Kings and Rajasthan Royals being forced into suspension for two seasons in 2013.