Rendezvous Sports World Private Limited, the franchisee of the Kochi IPL team, has met the deadline imposed on it by the Board of Control for Cricket in India (BCCI), a fact confirmed by the BCCI Chief Administrative Officer, Ratnakar Shetty, on Wednesday. Talking to mediapersons, Prof. Shetty said, “The Kochi IPL franchisee has sent a letter to the BCCI president (Shashank Manohar). He is studying the same. The Board's officially permitted team is also going through the letter.”
Prof. Shetty who parried questions on the subject also said the date for the next meeting of the IPL governing council was yet to be finalised. The confirmation by the Board CAO about the receipt about the letter, at the end of a 10-day deadline set by the BCCI on the Kochi franchisee to put its house in order and register a joint venture in accordance with IPL rules, has evoked a sigh of relief from cricket lovers of Kerala.
However, the picture still remained hazy as reports emerged late into the evening that the letter from RSWPL to the BCCI did not contain any suggestion for the formation of the joint venture as suggested by the IPL governing council but only required more time to do so. Confirming this, RSWPL spokesman Satyajit Gaikwad told, “Our letter to BCCI says that we are in higher negotiations with our investors and in view of that, time may be allowed.
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