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 9,2020

Mumbai, Jan 9: Former India all-rounder Irfan Pathan feels that the Men in Blue have the edge over Australia in terms of talent and confidence ahead of the two teams' three-match ODI series starting January 14 in Mumbai.

"In the past that wasn't the case because they were doing really well. We were trying to match that level. I feel that Indian cricket is a notch ahead in terms of talent, in terms of cricket and in terms of confidence," Star Sports expert Irfan Pathan said. "The only thing that will make it equal is the kind of pitches we are going to play in Australia because we do not have experience playing on those hard and bouncy pitches," said Pathan, who recently called time on his international career.

Recounting his favourite memory of playing against Australia, Irfan said, "It all started in Australia for me. The most memorable moment was getting my first wicket and helping India win a Test match in Australia after 21 years. Winning the Test in Perth and being named the Man of the Match is also a favourite memory for me."

Australia have already announced their team for the three-match ODI series with India. The team will be led by Aaron Finch. The other members of the team are Ashton Agar, Alex Carey, Pat Cummins, Peter Handscomb, Josh Hazlewood, Marnus Labuschagne, Kane Richardson, D'Arcy Short, Steve Smith, Mitchell Starc, Ashton Turner, David Warner, and Adam Zampa.

India are yet to announce their team but in all probability, it will be led by Virat Kohli who has been in phenomenal form over the last few years. All three ODIs are day and night affair. While the first match of the series is on January 14 in Mumbai, the second will be played at Rajkot on January 17 followed by the January 19 clash in Bengaluru.

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News Network
February 9,2020

New Delhi, Feb 9: The Indian Fed Cup team will travel to Dubai for this year's competition as the ITF has named the desert city as the new venue for the matches, to be held from March 3 to 7.

The ITF named the new venue after moving out the matches from then Chinese city of Dongguan due to Coronoavirus threat. The Asia/Oceania Group I matches were originally scheduled to be played from February 4-8.

"The event will be held in the week following the ATP Dubai tournament at the same venue, and will see six nations China P.R., Chinese Taipei, India, Indonesia, Korea Rep. and Uzbekistan - compete for a place in the Fed Cup Play-offs in April," an ITF release said.

The six teams will vie for two spots in Fed Cup Play-offs.

"Being in Dubai makes no difference. But the dates give enough time to Sania for her recovery. Doubles is an important point. Ankita is playing well. The other team members will also get some tournament to play under their belt," India's Fed Cup captain Vishal Uppal told news agency.

Sania's participation was under doubt due to a calf injury she aggravated during the Australian Open, where she pulled out of the mixed doubles before retiring mid-way into her women's doubles opening round match.

"I think we have a good chance but we will have to be at our best and fight hard for every point, every game, every set, every match," Uppal added.

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News Network
March 10,2020

New Delhi, Mar 10: Six-time world champion M C Mary Kom (51kg) and world number one Amit Panghal (52kg) were among three Indian boxers who secured Olympic berths by advancing to semifinals of the Asian Qualifiers here on Monday, taking the total number of the country's Tokyo-bound pugilists to eight.

Second-seeded Mary Kom notched up a comfortable 5-0 win over Philippines' Irish Magno in her quarterfinal bout for a ticket to her second Olympic Games. She won a bronze in the 2012 London Olympics when women's boxing was first introduced at the showpiece.

The 37-year-old will square off against China's Yuan Chang in the semifinals. Chang is a former Youth Olympics champion.

Earlier, world silver-medallist and top seed Panghal edged out familiar foe Carlo Paalam of Philippines in a 4-1 split verdict to be assured of his maiden Olympic appearance and a medal at the qualifiers.

In the last Indian bout of the day, world bronze-medallist Simranjit Kaur (60kg) upstaged second seed Namuun Monkhor of Mongolia 5-0 to secure her first Olympic place.

With this, the number of Indian boxers securing Olympic berths went up to eight after Satish Kumar (+91kg), Pooja Rani (75kg), Vikas Krishan (69kg), Lovlina Borgohain (69kg) and Ashish Kumar (75kg) advanced to the semifinals on Sunday.

"I dedicate my Olympic quota to my uncle Raj Narayan, it's his birthday and he is someone who gives me a lot of courage," said Panghal after his bout.

World bronze-winner and Commonwealth Games silver-medallist Manish Kaushik, however, lost 2-3 to third seed Chinzorig Baatarsukh of Mongolia after an intense battle but is not out of contention for an Olympic berth just yet.

Kaushik has to win the box-off between losing quarterfinalists as the top six boxers will claim Tokyo tickets in the 63kg category. He will face Australia's Commonwealth Games champion Harrison Garside in the box-off. The two clashed in the CWG final in 2018 with Garside ending up on the winning side.

Panghal started India's winning run on Monday by managing to pull off a close win.

The 23-year-old, who is the reigning Asian Games and Asian Championships gold-medallist, had earlier beaten Paalam in the semifinals of the 2018 Asian Games and the quarterfinals of 2019 world championships, which were also split decisions.

"I followed the instructions given by my coaches. I ensured that he didn't get on top of me. I think I was pretty consistent in all three rounds," Panghal said.

Next up for Panghal is China's Jianguan Hu, who stunned world bronze-medallist and fourth seed Kazakh Saken Bibossinov 5-0.

"I have beaten him in the Asian Championships and I know how to get the better of him," Panghal said of his next opponent.

The Haryana lad didn't exactly look at his best during the bout but his trademark counter-attacking game fetched him the desired result against a rival, who is challenging him more with every fresh encounter.

Mary Kom, on the other hand, put out a near-perfect performance against the very spirited Magno. The Manipuri dictated the pace of the bout, drawing from her huge reservoir of experience to put Magno on the backfoot with a very effective counter-attacking strategy.

Simranjjit, also an Asian silver-medallist, will face third seed Shih-Yi Wu of Taiwan in the semifinals after a fine performance against Monkhor. Simranjit's right hand connected accurately all through.

Kaushik, who was up against an Asian Games silver-medallist, started well but lost steam in the face of relentless body shots by Baatarsukh, a two-time podium finisher at the Asian Championships.

Baatarsukh had lost to Kaushik in the second round of the world championships last year and he exacted revenge with an aggressive takedown of the Indian, especially in the final three minutes.

However, former junior world champion Sakshi Chaudhary (57kg) failed to secure an Olympic berth after going down to Korea's Im Aeji in the quarterfinals.

The 19-year-old Chaudhary lost 0-5 to Im, who is also a former world youth champion. Only the semifinalists are entitled to an Olympic berth in the women's 57kg category of the ongoing event.

Her next shot at Tokyo qualification would be the world qualifiers in May, provided she is selected for it.

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