The Board of Management for Cricket India’s (BCCI’s) Annual Common Assembly (AGM) has, in precept, accepted the proposal so as to add two new groups to the Indian Premier League (IPL) fold, asking the IPL Governing Council to work out the modalities.
It signifies that, in all chance, the IPL will develop right into a 10-team affair in 2022, with a rejigged format and elevated variety of groups. The AGM in Ahmedabad, on Thursday, handed the proposal in unison and left it to the consultants to determine.
The governing council and the IPL executives will now must consider monetary and logistical components, in addition to additionally contemplating the extra window required for the elevated variety of video games.
The extra time will imply that the BCCI is unlikely to compromise on the bottom worth of two new groups. At the least 4 company giants are understood to be eager on vying for proudly owning a group.
Determination on Olympics
One other key level on the agenda, to determine BCCI’s stand on participation within the 2028 Olympics, was deferred because the members sought readability on numerous points. The important thing points have been monetary impression of tweaking bilateral commitments, affiliation to the Indian Olympic Affiliation and the anti-doping clauses that cricketers should adhere to.
The members have been instructed that the office-bearers will present additional readability through the SGM, which may very well be convened late in January.
T20 WC tax situation
The AGM is known to have resolved that even when the central authorities declines tax exemption for internet hosting the T20 World Cup in 2021, the BCCI won’t forego its proper to host the match. Ought to it’s required, the BCCI will bear the tax legal responsibility of roughly ₹300 crore from its share from the Worldwide Cricket Council (ICC) subvention as an alternative of getting right into a dispute with the governing physique.
As anticipated, the AGM didn’t contact upon president Sourav Ganguly alleged unethical conduct of endorsing merchandise which might be direct opponents of BCCI sponsors. It’s understood that a few senior members broached the subject with Ganguly earlier than the assembly and have left it to him to behave suitably.
Because the audited accounts for 2018-19 and 2019-20 have been introduced to the members lower than 24 hours earlier than the assembly, the accounts weren’t ratified and as an alternative saved pending for the SGM.
The members have been knowledgeable that the BCCI will proceed to disburse lump sum advances and reconcile the accounts as soon as the statements are ratified.