INDIAN PREMIER LEAGUE DEALS THAT WENT SOUR

By Qaiser Mohammad Ali in New Delhi

IN 2010, Viacom18, which signed as the IPL entertainment partner for Rs 35 crore, alleged that the BCCI breached the agreement. Viacom paid Rs 21 crore for 2010 only, and the two parties went into arbitration

BCCI was to receive Rs 1.5 cr from merchandise distribution partner Yog Sports Pvt Ltd. for the 2010 IPL. The company didn’t pay, forcing the Board to encash its bank guarantee of Rs 50 lakh. Board admits “uncertainty” involves with the Rs 1 crore left unpaid from the sour deal

BCCI entered into a contract with Bandelier (South Africa) in 2010 for providing license to use as trademarks and designs in high end products such as Swiss watches. BCCI was to receive Rs1.6 cr or 10 per cent of the gross sales of the licensed products in 2010, but got nothing

Board paid Rs5 crore to Visual Impact towards security facilities for the 2010 IPL as per an agreement. Following discussions, Board now says it’s “confident” that it would be able to recover Rs3.5 crore after another deal got messy

According to BCCI’s 2010-11 balance sheet, it received claims, estimated to be worth Rs 3.57 crore, from various vendors, franchises and some other parties (in 2009-10, the corresponding figure was about Rs 155.25 crore)