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BCCI postpones tender process for IPL media rights

The BCCI had scheduled bidding process for television and digital rights as its current contract with Sony Max end in 2017, but before it could go ahead to cash on a fresh 10 year contract they received a letter from the Lodha committee asking the BCCI president Anuraag Thakur to provide a ‘letter of compliance’ to ‘unreservedly comply’ with the Supreme Court’s order on October 21, Indian Express has reported.
Anurag Thakur, BCCI president, and Justice R M Lodha

The ongoing tussle between the Board of Cricket Control in India (BCCI) and Supreme Court appointed Lodha Panel has started to hurt the cricket governing body in the country. Citing “unforeseen” circumstances over which it has “no control”, the BCCI on Monday postponed the 2018 IPL media rights bidding process scheduled for Tuesday.

The Board of Control for Cricket in India announced that it was deferring the tender process to award media rights for the 2018 season of Indian Premier League. In a press statement, BCCI said that the Supreme Court order on October 21 had made the Lodha Committee the “custodian” of the IPL tender process, the BCCI, despite being well prepared, had to wait for further directives from the panel before proceeding with the bidding.

The BCCI had scheduled bidding process for television and digital rights as its current contract with Sony Max end in 2017, but before it could go ahead to cash on a fresh 10 year contract they received a letter from the Lodha committee asking the BCCI president Anuraag Thakur to provide a ‘letter of compliance’ to ‘unreservedly comply’ with the Supreme Court’s order on October 21, Indian Express has reported.

“As the Committee has been entrusted by the Hon’ble Supreme Court with the mandate of overseeing the tender process and in effect is now the custodian of the IPL tender process and has to take all actions to safeguard the IPL tender and the interest of BCCI and cricket in India, the BCCI wrote to the Committee on 21st October 2016 itself immediately on receipt of the Judgment, inter alia seeking guidance on (a) whether to defer the IPL tender or (b) to cancel the same and (c) requesting that the name of the auditor appointed be intimated to the BCCI to ensure that he could be associated with the IPL tender. Further, BCCI has sent all the IPL Media Rights Tender documents to the Committee along with the Revised MRAs and relevant documents, which are yet to be issued to the Potential Bidders.”

BCCI also offered a ‘sincere apology’ to all the potential bidders for not being able to go ahead with the process.

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