BCCI CEO Rahul Johri denies request from state association for early release of IPL funds

BCCI CEO Rahul Johri denies request from state association for early release of IPL funds

Rahul Johri
Rahul Johri. (Photo Source: Twitter)

BCCI CEO Rahul Johri has declined the request of the 10 cricket associations for the release of funds for the IPL matches. He has categorically told them that their request for early release of funds is just not justified because it will violate the tri-partite agreement.

The request was originally made by the Saurashtra Cricket Association but in the letter submitted to the CEO the names of Maharashtra, Madhya Pradesh, Mumbai, Punjab, Bengal, Karnataka, UP, Hyderabad and Delhi were also mentioned there out in the letter.

In his reply to the state cricket associations, Johri said that the request was not justified and it can only be released if they oblige by the relevant stadium agreement in each and every match in the IPL. “The request contained in the letter for release of Rs 30 lakh per match on “ASAP basis” is not justified. The said amount can only be released after you have duly performed in full and at each match, your obligations under relevant stadium agreement and taken all steps to perform the same so as to ensure that the upcoming Vivo IPL 2017 is conducted smoothly,” Johri wrote.

The CEO has also requested the state associations to sign the Stadium Agreement Draft. “For the sake of good order, please execute and return the same (Agreement). Please note that any amount that may be released by BCCI to you, is subject to the relevant orders passed by the Supreme Court regarding the release of funds,” the letter said.

The 10th edition of the Indian Premier League (IPL) to begin in 15 days time and the host nation is all geared up for one and a half months of entertainment. Sunrisers Hyderabad will host the Royal Challengers Bangalore in the opening match on 5th April. The original schedule for the Delhi Daredevils has been altered due to elections in the capital city with 3 matches shifted to a different date.