Follow us

Kochi Tuskers franchise win lawsuit against BCCI

no image

BySportsCafe Desk, SportsCafe Editor

64

Kochi Tuskers featured in just one IPL season, in 2011, and exited the multi-million dollar league owing to financial issues. In a recent development, however, the franchise owners have won a lawsuit against BCCI for alleged contract breach and may receive up to Rs 1,080 crores as compensation.

Tuskers lost 8 of their 14 games in their only season and were terminated after failing to pay a bank guarantee worth 10% of the total franchise fee to BCCI. The Kochi owners, however, accused BCCI of a contract breach and took the matter to court seeking damages due to the termination.

The BCCI discussed filing an appeal or seeking an out-of-court settlement with owners of Kochi Tuskers during their special general meeting on Sunday. The BCCI is in the news for monetary disputes with the ICC and a financial dispute with a former franchise could impact its image further.

Comments

Leave a comment

0 Comments

read previousAI Simulation, MLC 2025 | San Francisco beat Washington to extend unbeaten run to seven matches
As per Artificial Intelligence, San Francisco Unicorns will defeat Washington Freedom by 17 runs in Major League Cricket 2025 in Dallas. Opener Finn Allen will continue his red-hot form with a 33-ball 79 while Haris Rauf will have figures of 3/27 to extend SFU’s winning streak to seven matches.
IPL 2017 | Match 48 Preview: Sunrisers Hyderabad vs Mumbai Indiansread next
Defending champions Sunrisers Hyderabad will look to sign off their last home game with a win when they take on table-toppers Mumbai Indians at Uppal tonight. Sunrisers are currently fourth on the table and a win would see them strengthen their position to secure a playoff spot.

You may also like

View non-AMP page