BCCI terminates Deccan Chargers, to float new team

September 15, 2012

D_C

The Deccan dream has come crashing down. The Indian cricket board, which had tried to find a financial solution to keep the debt-ridden IPL franchise alive, decided in an emergency governing council meeting on Friday to terminate the Deccan Chargers team.

Sources said the board will float a tender for a new IPL team that could be based out of Hyderabad. The decision would be formally announced on Saturday, after the IPL governing council meets again in Chennai.

Sources said the Deccan Chargers had committed a material breach of the IPL franchisee agreement by not paying its players salaries for more than four months now.

They said Deccan Chargers Holdings Ltd and private banks which had lent it money had shot themselves in the foot by not accepting PVP Ventures' bid of Rs 900 crore in an auction for the franchise. Yes Bank, one of the lenders, had offered a bailout package to pay players' salaries for IPL 5 nearly a week ago -- but the board had rejected the offer. Sources said the banks are still lobbying hard to retain the cash-strapped team, but it would be of no use.

According to an internal note circulated to all working committee member earlier on September 4, the board had chalked out three options -- get actively involved in the sale of the franchisee as requested by the Chargers, conduct an auction for a new franchisee or go ahead with just eight teams in the 2013 league.

Now the board will float a tender for a new team, preferably based out of Hyderabad. The new buyer would have to take in the Chargers players and settle the outstanding 2012 fees. In that case, the board would decide on a reserve price and the number of years over which the franchisee fee would be payable. "BCCI could choose to invite bids for other cities," the note said.

By terminating the Chargers' contract, the board would also benefit in many ways. "There would be an opportunity for an increase in the franchisee fee payable to BCCI in excess of the remaining Rs 200 crore to be paid by the Deccan Chargers. The sales consideration would be payable to BCCI and not the banks or the Chargers," the note said. The sale could offset damages suffered by BCCI in the Kochi Tuskers litigation, it added. "It's not helpful that they (DCHL and the banks) have tried and failed to find a buyer," the internal brief said in conclusion.

However, the final decision rests with the working committee members. As of now, the board's logic is simple. "If these banks are offering a bailout package to the Chargers, their intention is clear. They want to run the team," a top BCCI official said.



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News Network
January 23,2020

Melbourne, Jan 23: Sania Mirza's return to her first Grand Slam after a two-year break was cut short on Thursday when the former world number one was forced to retire midway through her first round match in women's doubles at the Australian Open due to a calf injury.

India's Mirza, who won six Grand Slam doubles titles, took a break from the game after the China Open in October 2017 and gave birth to her son a year later.

The 33-year-old made a winning return to the WTA Tour at this month's Hobart International with Ukrainian Nadiia Kichenok, picking up her 42nd WTA doubles title and the first since winning the women's doubles in Brisbane in 2017.

Mirza said she strained her calf muscle in her right leg during the Hobart final.

"It just got worse in the match. It was bit of a bad strain, but I had a few days off," she told reporters. "So I obviously had to try to do whatever I could to try to get on the court.

"It felt okay when I went on the court, but it was tough to move right. I just felt like I'm gonna tear it or something pretty bad."

Mirza won her first Grand Slam in mixed doubles at the Australian Open in 2009 and also bagged the women's doubles in 2016.

Mirza always believed there was tennis left in her which inspired her comeback, she told Reuters on Sunday.

She had already pulled out of the Australian Open mixed doubles, where she was to partner compatriot Rohan Bopanna.

Mirza and Kichenok were trailing the Chinese pair of Xinyun Han and Lin Zhu 6-2 1-0 on Thursday when the Indian had to call it quits due to the injury.

"As a tennis player you want to compete, it is the Grand Slam. If it's any other tournament, you would probably take a call and be like 'I don't want to risk it'," she said.

Mirza, who is married to former Pakistan cricket captain Shoaib Malik, said she would take two weeks to recover and was hoping to play at next month's Dubai championships.

"When you play a professional sport, injuries are really part of it. And it's something that you have to accept," she said. "Sometimes the timing is really not ideal, it's tough that it happened in a Grand Slam, or just before a Grand Slam."

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News Network
March 2,2020

Madrid, Mar 2: Real Madrid won El Clasico and might have saved their season as they ended their slump in the best way possible last night by beating Barcelona 2-0 and returning to the top of La Liga.

Vinicius Junior's deflected finish and a stoppage-time goal from Mariano Diaz decided a frenzied contest at the Santiago Bernabeu, where Madrid found new life after a Champions League defeat by Manchester City had left them on the brink of crisis.

"It's been a tough week," said Real Madrid manager Zinedine Zidane. "We talked about how we had an opportunity this weekend and we took it."

Victory put them one point clear at the top of the table and shifts focus back to Quique Setien's Barcelona, who were outfought and, at times, outplayed.

"The reality is we lost a lot of confidence with the ball," said Setien. "We entered a nervous spell and that's when the goal came."

Lionel Messi's rasping shot was saved by Real goalkeeper Thibaut Courtois in the first half but it was the Argentine's opposing captain, Sergio Ramos, who was thrashing his arms in celebration after the final whistle.

His reaction was an indication of the importance of this victory, not only for the effect it has on the standings but on the dynamic of the title race, which had seemed to be switching firmly in favour of Barca.

Opportunity missed

Cristiano Ronaldo, now of Juventus, was watching from an executive box and Madrid could have done with him during a period in which they had won only one of their last five games.

Zidane said on Saturday this match would not decide who lifted the trophy in May but a Barca win and a five-point gap might well have been difficult to close.

Yet from the start Barcelona seemed keener to kill the game than win it, playing for time in the hope of keeping the contest tight, when they might have been better off attacking their opponents' fragility.

The Madrid we faced in the first half was one of the worst Madrids I have faced at the Bernabeu. I don't say it as a criticism, we also have our problems, but we've missed an opportunity.

--Gerard Pique, Barcelona defender

There was more tension than creativity in the early stages as Fede Valverde crashed into Arthur Melo before fellow Spain full-backs Dani Carvajal and Jordi Alba were both booked after a disagreement.

Madrid had the better of the play and regularly broke at speed through Vinicius down the left but constantly they failed to make the final pass, with Isco once left with his head in his hands after Marcelo opted not to pull the ball back.

Slow Barca

Barcelona's passing was slow and their lack of urgency obvious. At one point Messi bent to tie his bootlaces and re-spotted the ball before taking a corner.

But the visitors also created chances as Antoine Griezmann drove over from Alba's cutback and then Madrid had Courtois to thank for two excellent saves.

First, Arthur held off Toni Kroos to go clear but his finish was blocked by teh foot of Courtois and then the Belgian palmed away Messi's shot after he had skipped in behind Madrid's defence.

Ramos was lucky to get away with an error that allowed Nelson Semedo to break past him while Alba risked a second yellow when he checked Valverde but referee Mateu Lahoz was unmoved.

Barcelona were sloppy after half-time and Madrid should have capitalised. Instead, Isco's header beat Marc-Andre ter Stegen but not Pique on the line and Karim Benzema volleyed over after a sloppy pass from Arturo Vidal.

Vidal was replaced by Martin Braithwaite, Barca's emergency signing, and he sprinted in behind Marcelo twice in his first minute.

But Madrid remained in the ascendancy and in the 71st minute they took the lead.

Benzema came short and pointed right to encourage Vinicius to run in behind. Kroos found him and Vinicius's shot deflected off the sliding Pique to beat Ter Stegen at his near post.

The game opened up as Barcelona chased an equaliser. Marcelo celebrated when Messi's surge through was stopped by Raphael Varane. Pique headed Messi's cross over at the near post. Messi picked up a yellow card for a frustrated slide on Casemiro.

In injury time, Ter Stegen ventured up for a late free-kick but it was Madrid that struck again. Mariano sped past Semedo and finished from the angle.

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Agencies
August 1,2020

Bengaluru, Aug 1: Indian Premier League (IPL) franchise Chennai Super Kings (CSK) are aiming to set up their preparatory camp for the 13th edition of the tournament from early August.

This year's IPL was slated to commence from March 29 but the tournament was postponed due to the coronavirus pandemic.

Recently, the IPL Governing Council chairman Brijesh Patel had confirmed that the 13th edition of the mega event will commence on September 19 in the UAE.

As per a report in ESPNcricinfo, CSK players have been asked to report to Chennai first, following which they will leave for Dubai via a charter flight only after approval from the Indian government.

The IPL Governing Council will meet on August 2 to finalise the schedule and other key arrangements for the tournament. Also, the Standard Operating Procedures (SOPs) around securing eight teams for 51 days across three venues will be formally established in that meeting.

CSK, who has the oldest squad in the IPL, are looking for a month's preparation before ahead of the tournament.

Before the coronavirus pandemic, the side was the first team to start their training camp in March. Senior players like Suresh Raina and Ambati Rayudu had begun training their training in December 2019.

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