BCCI pads up, may block Shah Rukh Khan ban

May 19, 2012

srk33

Mumbai, May 19: The Mumbai Cricket Association (MCA) might have gone through with a ban on Shah Rukh Khan from Wankhede but the viability of the embargo is questionable, particularly given the Bollywood superstar's long-standing ties with the sport's national governing body, the Board of Control for Cricket in India (BCCI). Some even predicted, in fact, that the ban could have political and commercial repercussions for MCA.

As a business partner, Khan's contribution to BCCI and IPL has been singular. He came onboard the idea of starting a Twenty20 league when few people shared the enthusiasm. In 2008, he bought Team Kolkata along with entrepreneur Jay Mehta for a whopping Rs 300 crore, giving the league a boost with his riches and celebrity. He also helped BCCI do the number-crunching required to ensure that IPL makes a splash in the market.

He has since then assisted the BCCI on a number of occasions - for instance, on issues like increasing the number of IPL teams from eight to 10 and determining how an increase in the number of matches would affect the TRPs. He has partnered on events like the billion-dollar Champions League to perk up its saleability and attended workshops in and outside India regularly to find ways to better IPL.

Recently, he played a vital role in helping BCCI negotiate with Sahara India Parivar when the latter threatened to pull out as Team India's sponsor and as owners of IPL's Team Pune. Khan's involvement in settling the dispute amicably was acknowledged by both the BCCI and Sahara owner Subrata Roy.

In such a scenario, it is unclear if the MCA's decision to ban Khan from Wankhede despite BCCI's apparent discomfort is practicable. The BCCI's discomfort was clear on Friday when its vice-president Rajeev Shukla, who is also the IPL governing council chairman and a friend of Khan, said: "The MCA is well within its rights to ban Shah Rukh, but BCCI will take the final decision on the matter."

A senior BCCI official who is bound to play a role when BCCI takes a final call on the MCA ban said that Khan's role in IPL has to be "considered when a decision like that is taken. If he has committed a mistake in abusing individuals, he may be ready to sit across the table and sort things out. But you can't just ban him because he came to the stadium in an inebriated state."

Then, there is also the matter of the commercial impact. If the conflict grows further, Khan's personal sponsors may threaten to pull out of IPL. Also, importantly, the 300-odd seats in Wankhede that are allotted to the visiting team during every match may remain empty every time Kolkata tours Mumbai.

The political ramifications of the ban are also significant. The West Bengal government, which has spoken in the actor's support after the Wednesday night fracas, may further throw its weight behind the state's brand ambassador and make the Wankhede ban a political whirlpool.

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News Network
April 28,2020

New Delhi, Apr 28: IPL franchise Royal Challengers Bangalore's Director of Cricket Operations Mike Hesson returned to New Zealand on Tuesday after being stranded in India for over a month amid the nationwide lockdown to combat the COVID-19 pandemic.

The ex-New Zealand player and coach had arrived in India on March 5 for the 13th edition of the Indian Premier League but was stuck in the country after the lockdown was imposed and all flights were suspended.

"What a wonderful sight after spending over a day on a bus to get to Mumbai airport. The staff on @FlyAirNZ were simply outstanding on our return to New Zealand," Hesson tweeted.

He also thanked Indian Prime Minister Narendra Modi, the New Zealand Embassy in India, New Zealand's Ministry of Foreign Affairs and New Zealand's Prime Minister Jacinda Ardern.

"Special thanks to Down pointing backhand index @NZinIndia @MFATNZ @narendramodi @jacindaardern #repatriationflight #india #NZ" he added.

To stem the spread of the coronavirus outbreak, India and New Zealand had announced lockdowns in their respective countries last month, alongside travel restrictions, forcing the 45-year-old to stay in Bengaluru.

While India remains in lockdown till May 3, New Zealand eased its stringent measures on Tuesday.

The IPL, which was originally scheduled to get underway on March 29, has been suspended until further notice due to the pandemic.

The cornavirus outbreak, that originated in the Chinese city of Wuhan, has infected over 30 lakh people across the world while killing more than two lakh.

All sporting events, including the Tokyo Olympics, have either been cancelled or postponed.

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News Network
February 5,2020

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

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News Network
February 18,2020

Feb 18: Spinner Poonam Yadav claimed three wickets as India geared up for the ICC women's T20 World Cup with a thrilling two-run win over the West Indies in a low-scoring warm-up match in Brisbane on Tuesday. Electing to bat, India posted a lowly 107/8 in their stipulated 20 overs before returning to restrict the West Indies to 105/7. Chasing 108 to win, West Indies were comfortably placed at 57 for one in 13 overs when Deepti Sharma struck, cleaning up opener Lee-Ann Kirby (42) to trigger a collapse. Soon skipper Stafanie Taylor (16), Chedean Nation (0) and Deandra Dottin (1) were back in the hut as West Indies slipped to 67 for five in the 17th over.

Hayley Matthews (25) and Chinelle Henry (17) blasted three fours and a six in the 19th over to leave them with 11 to get off the last six balls.

Henry blasted Poonam for a four but the Indian dismissed Matthews in the fourth ball.

West Indies needed three runs off the last ball but Henry was caught by Veda Krishnamurthy.

Earlier, India's top-three failed to fire as they were reduced to 17 for three in 3.1 overs.

Opener Smriti Mandhana (4) lasted just six balls, while Jemimah Rodrigues (0) failed to open her account.

Young Shafali Verma blasted a couple of fours before being caught by Britney Cooper off Shamilia Connell (2/20).

Skipper Harmanpreet Kaur (11), too, didn't stay long, while Krishnamurthy was cleaned up by Afy Fletcher (1/26), as India slumped to 52 for five in 11.2 overs.

Deepti Sharma made a 32-ball 21 before becoming a victim of Anisa Mohammed (2/16), while Pooja Vastrakar (13) was removed by Aaliyah Alleyne (1/9).

Stafanie taylor then got rid of Taniya Bhatia for 10. Shikha Pandey finally smashed a 16-ball 24 to give some respectability to the total.

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