Wednesday, September 02, 2009

IPL tries to reconcile dispute with IMG

The president of India's cricket board will endeavor to determine a gash with sports management company IMG over its running of the worthwhile Indian Premier League Twenty20 contest.

The Board of Control for Cricket in India last week ended a 10-year contract with IMG, saying it fleeced the board for managing the IPL over its first two seasons.

A conference of the governing council of the IPL - run under the support of the BCCI - elected Wednesday to try to reconcile the dispute.

"BCCI president Shashank Manohar has been certified to deal with the IMG issue and report to the board at its annual general meeting on Sept. 24," BCCI vice-president Rajiv Shukla told reporters.

The BCCI working board objected to IMG being paid nearly US$10 million for the opening edition of the IPL in 2008, but still used the company for the second edition of the tournament, which was shifted from India to South Africa to avoid a clash with India's national elections.

The terms of the original contract had IMG getting 10 per cent of IPL revenues.

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