Kochi - I told you so
By Lalit K. Modi - 20th September, 2011
By Lalit K. Modi - 20th September, 2011
The BCCI’s termination of the Kochi Tusker’s IPL franchise for non-payment of a bank guarantee, is a financial mess I predicted over a year ago and one I was prevented from trying to avoid during my time as IPL Commissioner.
The news, which came out of the BCCI AGM in Mumbai, is another example of how the vendetta against me is being laid bare. At this juncture, it’s important to note that my comments within this blog are not hindsight opportunism, but a presentation of facts I have previously declared over the last 18 months in replies to Show Cause notices and via an open letter - all of which have long been in the public domain. [To read the full transcript of my comments which have been in the public domain since May, 2010, click here,The expansion auction in March, 2010, in which the Kochi franchise was awarded, was undermined by the BCCI’s insistence that bidding conditions I had put in place - and that had been
The news, which came out of the BCCI AGM in Mumbai, is another example of how the vendetta against me is being laid bare. At this juncture, it’s important to note that my comments within this blog are not hindsight opportunism, but a presentation of facts I have previously declared over the last 18 months in replies to Show Cause notices and via an open letter - all of which have long been in the public domain. [To read the full transcript of my comments which have been in the public domain since May, 2010, click here,The expansion auction in March, 2010, in which the Kochi franchise was awarded, was undermined by the BCCI’s insistence that bidding conditions I had put in place - and that had been
