The honorable Supreme Court appointed Justice RM Lodha committee finally delivered a verdict on the high-profile betting scandal of IPL.
The landmark judgement came on 14th July and the affects of it were felt all the way through to the top brass of IPL and BCCI.
The two franchisees in question, Chennai Super Kings and Rajasthan Royals have been banned from IPL for two years and its tainted officials, Gurunath Meiyappan and Raj Kundra, are barred from participating in any cricket related activities for life.
The Governing Council of IPL, which comprises of BCCI officials and 11 others including former cricketers like Saurav Ganguly and Anil Kumble, have decided to meet on 19th July to discuss the road to be followed after this verdict.
A senior BCCI official said that informal meetings have already been held and three important points have been raised. Will the two vacant slots be up for auction for new franchisees? Will fresh auctions be held for all the players? Also the de-merging of CSK from its parent company, India Cements Limited was discussed.
The BCCI will have to look into all aspects and consider all legal ramifications before taking any further decisions on the matter.
New bids could be invited by the BCCI to again make IPL an eight-team league. However, the auction of players is a point of contention.
On the one hand, there could be an auction of the 45-odd players, who are now free after the verdict, for the new franchisees to choose from. However, the new franchisees may object to the idea of selecting from a limited pool of players and then the BCCI will have to take a decision on whether to pre-pone the fresh auction which was scheduled to be held before IPL 2017.
Even though Srinivasan’s position in BCCI is strong, his seat in ICC as the BCCI representative is under the scanner after this judgement which has implicated his son-in-law Gurunath Meiyappan, and CSK which his company sponsors.
Srinivasan’s tenure as ICC chairman will complete on June, 2016.