Lalit Modi sees 'big scam' in Sun TV's IPL buy

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Updated: Friday, October 26, 2012, 12:30 [IST]
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Lalit Modi sees 'big scam' in IPL

Bangalore, Oct 26: Former Indian Premier League (IPL) chairman Lalit Modi has hit out at Board of Control for Cricket in India's (BCCI) President N Srinivasan over Sun TV buying the Hyderabad franchise and has called the move as a "big scam."

Also Read: Sun TV buys Chargers; Half price sale of IPL team

Sun TV bough the Deccan Chargers team on Thursday for Rs 85.05 crores per year. Questioning this move by BCCI to award the team after a bidding process, Modi wrote on his twitter page that he had "predicted" it would happen this way. He also tweeted that BCCI had was trying to "gift" the team to Srinivasan's "pals."

"so finally Sun Tv has got an IPL franchise. I had predicted 3 months ago it will be Sun as bcci president wanted it that way. Can't be a bigger Scam than this," Modi wrote (@LalitKModi).

In another tweet, he said: "Bcci is trying to gift team to Srini's Pals. Whilst sahara pays 370 million dollars for its Team. This one goes for pennies. How and why ?"

Modi questioned about the pricing of the team. Sahara had paid Rs 1,702 crores in 2010 for Pune Warriors team. Compared to that, the latest buying from Sun TV has worked out much cheaper.

The man behind the IPL feels that the sixth edition of cash-rich Twenty20 League will be "structured" to go to "India Cements for a few pennies."

"Next we will see Watch the 6th Edition of India Cements IPL ☺☺. Which offcourse will be structured to go to india cements for a few pennies."

Modi wanted someone to check the common share holding between India Cements and Sun TV.

"Someone should examine common share holding between SUN TV Network and India Cement....i am sure there will be common share holders."


Story first published:  Friday, October 26, 2012, 10:25 [IST]
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