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Sun Apr 20 05:14:52 SAST 2014

Deccan kicked out of IPL

TEAMtalk Media | 16 September, 2012 14:530 Comments
Deccan Chargers bowler Dale Steyn(C) with team members celebrates the wicket of Mumbai Indians Richard Levi during the IPL Twenty20 match at Dr. Y.S. Rajasekhara Reddy Cricket Stadium in Visakhapatnam on April 9, 2012
Image by: Noah SEELAM / Gallo Images

The Deccan Chargers have been kicked out of the Indian Premier League over unpaid players fees.

The Board of Control for Cricket in India (BCCI) have confirmed that they terminated the 2009 IPL winners' contract during an emergency league governing council meeting in Chennai.

Deccan were put up for sale last week by cash-strapped Deccan Chronicle Holdings, but the lone bid from finance firm PVP Venture Capitalists was rejected as insufficient and unsuitable.

"The BCCI is completely justified in this action which was taken with careful deliberation and only due to the absolute inability of the franchise to effectively run the team," a BCCI read a statement.

"Deccan Chronicle Holdings Ltd has clearly admitted its inability to cure its breaches within the time stipulated in the BCCI notice despite every bit of assistance from the BCCI.

"Since the month of May, BCCI has received repeated assurances that the overdue player fees would be paid; all of these promises have been unfulfilled."

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Deccan kicked out of IPL

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Sun Apr 20 05:14:52 SAST 2014 ::