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Lodha Panel Asks BCCI to Accept Reforms Or Put Off Awarding IPL Media Rights

NDTV logo NDTV 24-10-2016

The Supreme Court-appointed RM Lodha Panel has asked the Board of Control for Cricket in India (BCCI) to accept its recommendations before awarding the media rights for the future editions of the Indian Premier League (IPL).

In effect, the IPL media rights contracts, which were to be announced on Tuesday, have been postponed. The rights include broadcast, mobile and internet contracts.

Eighteen companies, including social networking giants like Facebook and Twitter, had bought the tender documents. BCCI had appointed M/S Deloitte to supervise the submission, opening and assessment of the bids.

Sony are the current host broadcasters of the IPL and their contract with the BCCI expires after next year. The board is expected to award the rights for the next 10 years.

The Supreme Court had earlier directed the Anurag Thakur-led board to appoint an independent auditor to oversee tender and other processes before awarding the rights.

Other recommendations mentioned that there should be specific instructions on whether BCCI should defer or cancel the opening of the tender. The board also wanted a directive on whether they could issue clarifications to the potential bidders if they have any questions in their mind.

The three-member Lodha panel comprises former Chief Justice of India Rajendra Mal Lodha, Justice Ashok Bhan and Justice RV Raveendran. The panel was supposed to meet on October 21 but that was later cancelled.

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