NEW DELHI: The Indian Premier League may take a second look at the Kochi team's persistent demand that their franchisee fee be reduced because of a drop in the number of league matches from 18 to 14.
The IPL's latest promise to Kochi is a reversal of its own earlier position that franchisee fee is not dependent on number of matches played by each of the IPL teams.
Sources, however, told TOI that it did not imply the BCCI was inclined to accept Kochi's argument on reduction of franchisee fee. "We have received this week a communication from Kochi team highlighting their concerns, especially the demand for reduction in franchisee fee. We will look into it in the next IPL governing council meet," he said.
Earlier, the BCCI had on February 9 issued a statement to the Kochi team stating that "2011 it is inter alia stated that consideration payable as and by way of franchise fee is not dependent upon or in any way co-related with number of matches."
To this, the Kochi IPL team took strong exception and apparently even mulled legal action. "Earlier, the board was not keen in looking into the reduction of the franchisee fee. If the BCCI is willing to do so, let them give it to us in writing," a Kochi IPL official said.
In a strong-worded letter, Kochi pointed out that it was incorrect to say "payable as and by way of franchise fee is not dependent upon or in any way co-related with number of matches". According to Kochi, this is "contrary" to the Invitation to Tender document (ITT), which clearly says: "The League initially comprised eight teams but from the 2011 season onwards shall subject to the receipt of successful bids, comprise ten teams which will play each other (both home and away) during the course of each season culminating in play-off matches to decide the winner, runner-up and third and fourth placed team in the league."
The letter further added: "BCCI (IPL) has taken a stand that it was its prerogative under the franchisee agreement to reduce number of matches. Unfortunately, this stand is not in accordance with franchisee agreement read with ITT and spirit under which parties had participated."
The IPL's latest promise to Kochi is a reversal of its own earlier position that franchisee fee is not dependent on number of matches played by each of the IPL teams.
Sources, however, told TOI that it did not imply the BCCI was inclined to accept Kochi's argument on reduction of franchisee fee. "We have received this week a communication from Kochi team highlighting their concerns, especially the demand for reduction in franchisee fee. We will look into it in the next IPL governing council meet," he said.
Earlier, the BCCI had on February 9 issued a statement to the Kochi team stating that "2011 it is inter alia stated that consideration payable as and by way of franchise fee is not dependent upon or in any way co-related with number of matches."
To this, the Kochi IPL team took strong exception and apparently even mulled legal action. "Earlier, the board was not keen in looking into the reduction of the franchisee fee. If the BCCI is willing to do so, let them give it to us in writing," a Kochi IPL official said.
In a strong-worded letter, Kochi pointed out that it was incorrect to say "payable as and by way of franchise fee is not dependent upon or in any way co-related with number of matches". According to Kochi, this is "contrary" to the Invitation to Tender document (ITT), which clearly says: "The League initially comprised eight teams but from the 2011 season onwards shall subject to the receipt of successful bids, comprise ten teams which will play each other (both home and away) during the course of each season culminating in play-off matches to decide the winner, runner-up and third and fourth placed team in the league."
The letter further added: "BCCI (IPL) has taken a stand that it was its prerogative under the franchisee agreement to reduce number of matches. Unfortunately, this stand is not in accordance with franchisee agreement read with ITT and spirit under which parties had participated."
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