DLF and DC default payments as financial woes of IPL continue!!
By ram_cv
@ram_cv (16513)
India
May 2, 2012 10:05am CST
The financial woes of IPL continue to crop up. In the latest, BCCI has shot letters to main sponsor DLF for failing to make good on it's payments. Similarly, DC has failed to come up with the franchisee fees and BCCI has sent them also a letter.
Again the financial viability of the showcase event such as IPL is under question.
Cheers!
Ram
1 response
@ROCKHARISH3844 (395)
• India
3 May 12
You are right. Once again the financial viability of such event is under question. Such financial problem results in the elimination of Cochin tuskers Kerala from the IPL this season. We also know that lalit modi had gained lot of black money from IPL. DLF and DC franchisees get the deal for huge amount.
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