MUMBAI: BCCI president N. Srinivasan has said that cricket?s richest board is willing to meet with Sahara and have have discussions to resolve contentious issues.

On Saturday Sahara had announced that it was cutting off ties to cricket, including the IPL where it owned a franchise.

Srnivasan said Monday BCCI has had a good relationship with Sahara. "Most certainly, we are ready to meet and sort out the matters. We have no problems with that. We do appreciate what Sahara has done. I am open to dialogue and BCCI is open to dialogue. We recognise there were grievances on their part but there was no reason to break suddenly."

MUMBAI: Blow hot, blow cold. That could be the approach of Sahara India as it announced that it would walk out of the Indian Premier League (IPL) and withdraw from all sponsorships under India?s cricket board, while founder-promoter Subroto Roy indicated later in the day that a reconciliation could be possible if the BCCI adopted a flexible approach.

"We are not rigid," was the quick response from Roy during a press conference when asked whether there is ground for reconciliation. Roy also said that he will think "twice" about his decision if there is player?s interest at stake.

Will the Board of Control for Cricket in India (BCCI) and the Sahara Group reconcile? Well, that could or could not be a possibility but if the noises emanating from both sides is any indication, then a patch-up is not that difficult a task. After all, there is a lot at stake for both parties.

Talking to Indiantelevision.com, IPL chairman Rajeev Shukla said that the BCCI is open to reconciliation with the Sahara Group, which had bought the IPL Pune franchise for a whopping $370 million and sponsored the Indian team at a fee of Rs 33 million per Test match, ODI and T20.

The BCCI, of which IPL is a sub-committee, has not received any official notice from the Sahara Group on termination of contract.

"Whatever we have heard is through the media. We haven?t received any notice from them," said Shukla.

"They have been our partners for a long time, we can sort out the differences with them (Sahara)," he added, while stressing that the IPL cannot change rules for just one franchise.

He also found comparison between Champions League and IPL unfair since the two are different tournaments altogether. IPL is a qualifying tournament for CL T20, which involves top clubs from six cricket playing nations.

Sahara had in a media statement stated that the BCCI had bended rules during last year?s CL T20 by allowing Mumbai Indians to replace their injured Indian player with a foreigner which meant that the team fielded five foreign players instead of the rules permitting only four to be part of the final eleven.

The company had requested the BCCI to allow it to carry the prize purse of Yuvraj Singh, who has been ruled out of IPL season 5 due to lung tumour, into the players auction which the BCCI flatly refused thereby triggering a strong reaction from the Lucknow headquartered group.

The IPL chairman said that the BCCI would have given the same concession to any other IPL team who had qualified for Champions League if they had been confronted with the same situation.

"That is not just Mumbai Indians. We would allow other franchises in Champions League to avail that facility, but IPL is a different case. They (Sahara) should not compare IPL with Champions League," Shukla affirmed.

Shukla also hinted that the IPL might go back to the original format if things don?t work with Sahara. "The IPL was originally an eight team event and was quite successful," Shukla revealed.

Earlier in the afternoon, Roy indicated that Sahara would be accommodative if the BCCI changed its inflexible approach. He was responding to a question at a press conference held in Mumbai.

Roy then went on to recount instances wherein the company went out of its way to accommodate BCCI?s requests which the latter never reciprocated.

Sahara had issued a statement in the morning stating that it was unhappy with the BCCI due to the fact that they haven?t taken into consideration any of its suggestion like having an open player auction, which according to Roy would have given all the teams an even playing field and strengthened the IPL.

He was also annoyed with the fact that they had to pay the same franchise fee despite the BCCI cutting down on the number of matches to 74 instead of the 94 matches that was promised during franchise auctions.

Roy believes the franchise was paying 25 per cent more franchise fee due to the cutting down of total matches. The company had also requested the BCCI to take the matter to an arbitrator and sort it out but the BCCI refused.

He also clarified that the company?s decision to back out of Team India?s sponsorship had nothing to do with team India?s performance, but more with the fact that it did not want to deal with a body with which it had fallen out.

Meanwhile, the BCCI in a statement today made it clear that rules would not be bent for any IPL franchise. It would, however, still reach out to its long-term partner "as soon as practicable to clarify its intentions".

"We understand that Sahara Adventure Sports Limited has issued a statement in which it indicates an intention to withdraw from its involvement in Indian cricket, including as regards the Indian Premier League. We intend to contact Sahara Adventure Sports Limited as soon as practicable to clarify its intentions," BCCI Secretary Sanjay Jagdale said in a statement.

"If we understand Sahara Adventure Sports Limited?s statement, it intends not to participate in the 2012 IPL Auction or in the 2012 IPL Season," the statement added.

"During the last few days Sahara Adventure Sports Limited has requested that IPL vary its Player Regulations by allowing it to increase its Auction Purse from $1.6 million to $3.4 million in light of Yuvraj Singh?s unfortunate illness. Whilst all within IPL and BCCI have a huge amount of sympathy for Yuvraj Singh and wish him all the best for a speedy recovery, it is unable to vary the Player Regulations," the BCCI insisted.

MUMBAI: In a development that will surely have deep implications, Sahara Group has announced its withdrawal from all cricketing activities including Team Indian sponsorship and IPL franchise Pune Warriors India.

The announcement was made before the commencement of the IPL player?s auction in which the Pune Warriors India did not participate.

Sahara has given several reasons for its decision to opt out of cricket but the main trigger is believed to be the BCCI?s decision to disallow the franchise to use the price of Yuvraj Singh, who has been ruled out of IPL season 5.0, in today?s auction purse.

It also pointed out that under similar circumstances, the BCCI promoted Champions League T20 rules were bended for Mumbai Indians when they were allowed to bring in replacements for their injured players. Sahara feels that this peculiar situation of Singh is silent in the rule book because it probably talks only about players who are temporarily injured.

"Incidentally, once during the Champion?s League tournament, one of the Indian IPL teams had a lot of injured players so they were rightly, out of natural justice, allowed to break the rules and take one extra foreign player. We appreciated this natural justice," Sahara said in statement.

Sahara also noted that its first entry into IPL was thwarted in 2008 when it was disqualified, owing to a small technicality on the whims and fancies of BCCI.

It further pointed out that when the company had bought the Pune franchise for $370 million, it was promised that there would be 94 matches in the IPL which was later reduced to 74 matches. Despite reducing the number of matches, the BCCI did not reduce franchise fee.

"We are still pursuing continuously with the BCCI to refund the extra bid money proportionately. It has been denied on the basis of strict rules," it added.

Sahara was also unhappy with the fact that BCCI did not go for an open auction which did not give the two new franchises - Pune and Kochi - a level playing field.

"In the interest of the tournament, we repeatedly tried our best to pursue the BCCI for open auction of all players so that we achieve level playing field and all teams are equally balanced from the quality players? point of view. Again, as per BCCI?s strict rules it was denied and again, we were deprived of natural justice. 12 of the best players were retained by the existing teams then," the statement averred.

On the sponsorship front, it says that will continue for a few months as the BCCI will take time to find another sponsor.

Sahara?s fresh four-year sponsorship contract for the national team, pegged at $115 million, runs through to December 2013.

"We really feel such one-sided emotional relationship cannot be dragged any further. We are withdrawing from all cricket under BCCI/ However, we don?t want to give any problem to the BCCI and we also feel that the players should not suffer.

"BCCI will definitely take 2-4 months to get a new sponsor and we will continue paying the sponsorship money till then. All other IPL team players, coaches and other such associates will definitely get their due this year, in case they do not get a chance to play," the statement said.

Meanwhile, former IPL chairman Lalit Modi has blamed BCCI president N Srinivasan?s arrogant style of functioning for the current mess in IPL Sahara Group?s pulling out of the league.

"Sahara termination - shows how unhappy the major sponsor and franchise owner is with the way BCCI deals with its partners. This is really a sad day. Sahara has been sports biggest supporter and pillar," Modi wrote on his twitter page.

"It?s a black day for Indian Cricket. All due to One ego maniac. Wonder how we allow that to continue. It will ruin cricket completely," read another tweet.

"All I can say is that whenever sports was in trouble - we could always count on Sahara being there. They were one solid company one could always bank on coming thru," he added.

"When another Team owner is a state association president, BCCI president and just showed that he controls ICC thru his clout. And does things only in favour of himself. This was bound to happen."

Laying the blame of shunning BCCI sponsors and partners at Srinivasan?s door, Modi said the current president had no moral authority to continue.

"BCCI President needs to go. He has no concept of taking people along. The Fans, Players, Sponsors, Franchisee owners, are the people who make us what we are. And they need to be listened too. Not shunned away," he added.

"BCCI has made all posts redundant in BCCI and want to do the same in ICC. They want only one door to be opened for cricket. That door has a Plate on it - N Srinivasan. Owner CSK, president TNCA, President BCCI, controller ICC," he added.

MUMBAI: The Board of Control for Cricket in India (BCCI) has called upon all international players attached to Kochi Tuskers to register a case against the defunct IPL team to recover their pending fees.

Since the players? contracts are between them and the franchisees, the BCCI has asked the cricketers to move against the team. As for Indian cricketers who played for Kochi, they have got 65 per cent of their salaries, it is learnt.

International cricketers who played for Kochi in the last season include Mahela Jayawardene, Muttiah Muralitharan, Brendon McCullum and Steven Smith. Earlier, these players were given verbal commitment from the IPL that the Board would protect the players? right, but things went topsy turvy.

It may be noted that the BCCI had terminated Kochi?s contract during its September AGM for breaching terms of agreement. The board also encashed the team?s bank guarantee of Rs 1.56 billion.

MUMBAI: For founder-promoter Harish Thawani, fresh trouble is brewing. TheOneAlliance, the brand of the joint venture company between Multi Screen Media (MSM) and Discovery, has terminated the distribution contract of Neo Sports Broadcast?s two sports channels.

Already weakened by the scrapping of BCCI?s rights to India cricket, Neo Sports Broadcast will suffer a huge revenue loss. Sources familiar with the deal said Sony Entertainment Television India (now called MSM) had agreed to pay a minimum guarantee of Rs 2.7 billion net for the three-year distribution of Neo Cricket and Neo Sports.In 2009, Nimbus had renewed through to 2014 its contract with the Board of Control for Cricket in India (BCCI) for Rs 20 billion. After the exit of Colors and the other Viacome18 channels MTV, Vh1 and Nick in mid-2010, Sony found an opportunity and signed up Neo Sports Broadcast?s channels.

For Neo Sports Broadcast, which was tossed out by Star India on review of the high price it had agreed to pay for distribution of the two channels, TheOneAlliance?s decision to end the contract has come as a huge setback. Neo had set up its own distribution team but could not kick in substantial pay revenues. TheOneAlliance came as a blessing as the MG (minimum guarantee) price was high and Neo also kept the digital part of the distribution business.

"We terminated the contract with Neo Broadcast on 3 January. We had specifically mentioned in the contract that the deal would be valid if Neo had the BCCI rights. We have communicated to them about the scrapping of the contract," MSM Discovery president Rajesh Kaul told Indiantelevision.com, without disclosing the size of the contract.

Neo Sports Broadcast COO Prasanna Krishnan declined to comment on the issue.

The BCCI cancelled the deal after Nimbus repeatedly defaulted on payments. India?s cricket board, which has time till mid this year when India plays a home series, is expected to come out with fresh tenders for the remaining tenure of the contract. Nimbus, however, is saved by the courts so far as the BCCI has not been able to encash the Rs 20 billion bank guarantee.

The termination of the contracts with BCCI and TheOneAlliance means that Neo will find bargaining hard if it wants to sell its broadcasting buiness. Indication is that Sony wouldn?t weigh the option of buying out Neo.

"After deciding to end the distribution contract, it is highly unlikely that Sony will look at buying Neo. The Times of India Group may be a contender. Or even Mukesh Ambani via Network18. These are entities who could be looking at entering the sports broadcasting market. But the big debate could be valuation," said a media analyst.

Nimbus Communications had filed, late 2010, the draft offer document with the Securities and Exchange Board of India (Sebi) to raise Rs 3.50 billion via an initial public offering (IPO). Out of the issue proceedings, the company intended to use Rs 1.29 billion for launching of new channels (Neo Cinema and Neo Zindagi) and Rs 132.45 million towards the geographic expansion of Neo Cricket. It also stated that it would use Rs 1.16 billion to obtain bank guarantee and provide security deposit for sports rights. It further intended to use Rs 349.87 million and Rs 500 million of the net issue proceedings for upgradation of Neo infrastructure and acquisition of new broadcasting rights respectively.

For the fiscal ended 31 March 2010, Nimbus Communications had posted an income of Rs 7.33 billion from sales and services, while net loss stood at Rs 1.42 billion. As of March 2010, Nimbus had accumulated loss of Rs 4.98 billion.

"Nimbus is in a tight corner so far as its proposed IPO goes. The stock market has tumbled and it is no season for fresh IPOs," said an analyst at a local broking firm.

So how will the exit of Neo impact MSM? MSM?s gameplan could be to bid aggressively for the BCCI rights and launch a sports channel with the lucrative Indian Premium League (IPL) forming the fulcrum. They already have rights to New Zealand Cricket, FA Cup and NBA.

Some multi-system operators (MSOs) said on condition of anonymity that the payout to TheOneAlliance would fall a bit as they would be left without the sports channels. "But they would be better off as the MG they were paying to Neo was on the higher side. Without the BCCI rights, it doesn?t make sense for them to continue. They will save on the payout while incurring a smaller loss in revenues," said the chief executive of a leading MSO.

Counters Kaul. "All our channels are doing exceedingly well. And with the impending IPL in April-May, the strength of our bouquet will not be impacted with the Neo exit."

MSM will have time to stitch together a strategy with or without a sports channel as the IPL telecast rights will be a big driver for subscription revenues till May-end. "They can get the BCCI rights and launch a sports channel. Alternately, they can add more channels and strengthen their third bouquet," said a media analyst.

(With inputs from ASHWIN PINTO)

MUMBAI: In a blow to Nimbus, the Bombay High Court today ordered that the termination of a contract for broadcast rights between the Board of Control for Cricket in India (BCCI) and Nimbus stands. It dismissed Nimbus‘ appeal.

Two days after the BCCI scrapped the broadcast deal with Nimbus Communications, the sports marketing agency went to the court for relief.

Nimbus had said that the BCCI‘s move was a breach of contract. The company maintains that it did not intend to default on payments.

The court has also highlighted the fact that the banks associated with Nimbus and BCCI refused to play guarantees and they will now have to provide a notice period of three days should they change their minds.