Chennai Super Kings to be terminated?

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Updated: Saturday, May 25, 2013, 13:59 [IST]
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Chennai Super Kings to be terminated?

Kolkata, May 25: Question marks are hanging over the future of Chennai Super Kings in the Indian Premier League. With the arrest of Gurunath Meiyappan on Friday night for alleged IPL betting, there is a possibility of CSK being scrapped from the cash-rich Twenty20 league.

At the moment, CSk players are already in Kolkata to play the IPL 2013 final tomorrow against Mumbai Indians at Eden Gardens.

According to IPL ownership agreement clause, if a "owner acts in any way which has a material adverse effect upon the reputation or standing of the league", the contract can be terminated.

According to repots, Rule 11.3 (Clause C) in the franchise agreement, the BCCI/IPL can terminate the franchise if, "The franchisee, any franchisee group company and/or the owner acts in any way which has a material adverse effect upon the reputation or standing of the league, BCCI-IPL, BCCI, the franchisee, the team or any other team in the league and/or the game of cricket."

All these six years of IPL since inception in 2008, Gurunath has been with CSK as "Team Principal" and "owner.". However, CSK owners, India Cements, issued a statement on Friday stating that Gurunath was "neither the Owner, nor CEO / Team Principal of Chennai Super Kings. Mr. Gurunath is only one of the Members (Honorary) of the Management Team of Chennai Super Kings."

Even on Friday afternoon, Gurunath's verified Twitter profile stated he was "Team Principal of CSK." But soon after India Cements sent out an official statement, he updated his profile and deleted that.

Gurunath was also involved in bidding for players in IPL auction. With betting controversy surrounding the BCCI president N Srinivasan's son-in-law, India Cements decided to disown him. But in spite of their statement on Gurunath, CSK franchise is still in trouble.

Former IPL chairman Lalit Modi, called for cSK to be scrapped immediately.

We have to wait and watch what is the next move from BCCI and IPL. Will the final go on?


Story first published:  Saturday, May 25, 2013, 16:26 [IST]
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