Mumbai, October 25: Amid the ongoing clouds of tension over the BCCI by the Supreme Court, the national cricket body has postponed the event to award the global tender of Indian Premier League Media Rights for the cricket season 2018. The circular for the tender which covers Television & Digital rights was issued earlier on 19th September.
But due to the ongoing case of BCCI vs Lodha Panel, Supreme Court has directed BCCI not do any financial activity with the state boards. The Apex court has also directed for an independent audit of all the accounts of the Cricket regulating body with freezing its funds.
In an official statement, BCCI announced about the cancellation of the event and postponing it till the BCCI becomes stable. The BCCI team invested a lot of time and money in framing of a tender with norms to ensure the highest levels of transparency.
“It was expected that the new IPL season rights that were to be awarded would bring in huge revenue for the game of cricket and expectations amongst the BCCI, players and the cricket loving public ran high in the build up to the award of the IPL tender”, said BCCI.
This was more so in view of the fact that the IPL has been successfully piloted by the BCCI with support of all stakeholders to become one of the important events in the world cricketing calendar and has apart from providing a platform for showcasing domestic cricket talent resulted in the country being projected as an important sporting destination.
In fact the IPL has resulted in the active building of Brand India and has brought laurels to the country. The IPL has also contributed substantially to the Indian Economy. At the time the tender was floated and even till date there has been no complaint by any person that the tender was being issued in a non-transparent manner or that there appeared to be problems with any of its terms and conditions.
“The Potential Bidders who bought the Tender document had requested for certain Clarification, to which BCCI issued responses in 2 sets. Set 1 of the response to Clarification was issued on 14th October 2016 and Set 2 was issued on 20th October 2016.
Based on the clarification issued, BCCI was subsequently to issue the Revised Media Rights Agreements (MRAs) along with the order relevant documents, which were not issued on account of the Supreme Court Order. The BCCI has also appointed independent agencies to vet the legal, financial and technical details of the bids as well as the bidders”.
The BCCI has also received numerous queries from potential bidders explaining the hardship being faced by them due to the inability of the BCCI to address their queries and to furnish a clear roadmap on the way forward. The BCCI has received a response from the Committee a short while ago stating that it is in receipt of the communications from the BCCI and that it would issue directions after meeting amongst themselves.
The BCCI, apart from the above communication did not receive any further directions from the Committee, which is now the custodian of the entire process and has been tasked with the duty to ensure that the tender process is undertaken in a professional and transparent manner with least inconvenience to all stakeholders.
BCCI assured that once it receives a response from the Committee it shall bring the same to the notice of all stakeholders as the BCCI is currently not in a position to take any decision in the matter other than what the Committee recommends. In the absence of permission from the Committee to go ahead with the process scheduled for tomorrow, the BCCI is unable to do so.
The BCCI requested all bidders to appreciate that the events as have occurred were unforeseen and something over which the BCCI has no control. BCCI offered apology to all potential bidders and stakeholders who put in efforts to put together bids by expending considerable time and resources, and travelled from all across the country and the world to take part in this event.