The Supreme Court-appointed committee of administrators (CoA), who have been entrusted with the responsibility of running the Board of Control for Cricket in India (BCCI), have run into another big wall, while trying to implement the Lodha Committee recommendations.
The state associations are supposed to be paid Rs 60 lakh for each game they host in the IPL. The franchises pay Rs 30 lakh, and the other half is given by the BCCI. In total, the state associations are slated to receive Rs 4.2 crore.
The money by the state associations is spent on practice sessions, games, floodlights, ground staff and so on.
However, since the Supreme Court has disallowed the BCCI to release funds to the state associations until they implement the Lodha recommendations, they may not receive a guarantee of payment by the COA before the IPL, which may force them to not host any IPL game, according to Cricbuzz.
And if IPL 2017 is not held, then according to a BCCI official, the Indian cricket board could incur losses over Rs 2,500 crore and go bankrupt.
A BCCI Official told Cricbuzz If they even think of touching the IPL, it’ll be a disaster. Consider this: Even for the sake of an argument, if the 2017 IPL is not held, BCCI will incur losses in excess of Rs 2,500 crore. It’ll be bankrupt.
But, the members of the BCCI believe that the Supreme Court will step in and allow the BCCI to release funds for the IPL matches, just like the Test, ODI and T20 series against New Zealand, England, Bangladesh and Australia in the ongoing season.
If the COA don’t guarantee payment, then the state associations have the option of taking up the issue to the Supreme Court in the next hearing for the BCCI matter, which is on 20 March.
However, the bigger worry for the BCCI members is that the state associations and the COA have been at each other since the very beginning, and with state association members losing their office, they may retaliate by opting not to host IPL games.