22 sept 2011
New Delhi: Interest of the players contracted with terminated IPL franchise Kochi Tuskers Kerala will be protected, assured the league's new boss Rajiv Shukla who promised to make the cash-rich event more attractive by bringing in "new ideas and elements."
Shukla said protecting the players affected by Kochi's ouster is primary concern for the IPL authorities and that the Governing Council will meet in the second week of October to discuss all issues related to the termination.
"Our prime concern will be the players' interest, their interest is not hampered in terms of financial loses and also in terms of their participation in the tournament," Shukla told PTI in an interview here.
"Suppose these players are re-auctioned for some other franchise and if there is any difference what they are supposed to get, it will be compensated by us," he explained.
Kochi Tuskers Kerala, a team introduced only last year that constantly hit the headlines for its ownership dispute, was terminated from the IPL after failing to pay its annual bank guarantee.
The termination leaves players contracted with the franchise such as its Sri Lankan skipper Mahela Jayawardene, Indian pacer S Sreesanth and spin wizard Muttiah Muralitharan without a team and an uncertain future.
"The status is that on the issue of non-payment, Kochi has been terminated as per the agreement between franchise and BCCI. They were supposed to pay the bank guarantee... they have gone to the court, and the court didn't give them any relief and BCCI is entitled to encash the bank guarantee," Shukla said.
Kochi Tuskers players will get dues: Shukla
IPL Chairman Rajiv Shukla also promised to make the cash-rich event more attractive
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Shukla said protecting the players affected by Kochi's ouster is primary concern for the IPL authorities and that the Governing Council will meet in the second week of October to discuss all issues related to the termination.
"Our prime concern will be the players' interest, their interest is not hampered in terms of financial loses and also in terms of their participation in the tournament," Shukla told PTI in an interview here.
"Suppose these players are re-auctioned for some other franchise and if there is any difference what they are supposed to get, it will be compensated by us," he explained.
Kochi Tuskers Kerala, a team introduced only last year that constantly hit the headlines for its ownership dispute, was terminated from the IPL after failing to pay its annual bank guarantee.
The termination leaves players contracted with the franchise such as its Sri Lankan skipper Mahela Jayawardene, Indian pacer S Sreesanth and spin wizard Muttiah Muralitharan without a team and an uncertain future.
"The status is that on the issue of non-payment, Kochi has been terminated as per the agreement between franchise and BCCI. They were supposed to pay the bank guarantee... they have gone to the court, and the court didn't give them any relief and BCCI is entitled to encash the bank guarantee," Shukla said.
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