BCCI told the Bombay High Court today that it is cancelling the tender process for the telecast rights of cricket matches following which ESPN-Star Sports withdrew itspetition.
Chandra maintained that Zee Telefilms had been awarded the contract by BCCI. "We feel we have a concluded contract with us," he said. He said after 14 members of the BCCI Marketing Committee decided to award the contract to Zee Telefilms, they wereasked to submit 20 million dollars.
"We gave the money and they sent us the Letter of Intent. But it could not be progressed further due to court proceedings," he said. The broadcaster, which has announced plans to launch a sports channel from October two, said it was prepared for further legal action.