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Jan 10 '18
The BCCI is likely to defer the bidding process for the IPL television and digital rights, which had been scheduled to open in Mumbai on October 25, in wake of the fresh order from the Supreme Court on Friday. Wholesale Senators Jerseys .The court order had directed the BCCI to route all tenders and contracts through the Lodha Committee. The committee has not yet decided when it will conduct its next meeting to decide its next step following the court order. It is understood that the BCCI has contacted the committee, which has not yet responded to the board; the BCCI needs to wait for its approval. If the BCCI decides to go ahead with the bidding process without the committees backing, it will be in danger of being in contempt of court.Within hours of the court pronouncing the order, BCCI secretary Ajay Shirke sent an email to the Lodha Committee seeking direction on whether the IPL bids could be held next Tuesday. It is understood that BCCI also sent the committee all necessary details, including the paperwork submitted by the 18 bidders that had bought the invitation to tender (ITT) document.We have sought advice from the Lodha Committee, a senior BCCI official told ESPNcricinfo. The BCCI is already prepared for the bidding process to be postponed. The board official said that even if the committee were to give it the nod, the BCCI would be faced with logistical issues to conduct the bidding on Tuesday.According to the official, once the BCCI validated the 18 companies that had bought the ITT, it needed to send them an agreement. First you issue the agreement. Then there are two rounds of clarifications. After the clarifications some points change and you revise the agreement. The revised agreement did not go out yesterday after the court judgement.If they say go ahead, we will do that on October 25. But it would be a very big challenge for the board. So we will just change the date by one or two days. The official said the board had not updated the 18 companies yet on the schedule, and would do so only after it heard from the Lodha Committee.In the order, the court had also asked the committee to appoint an independent auditor to oversee all existing and future finance-related issues, tenders and contracts of the board. The court also asked the committee to set a threshold value for contracts; whenever that limit was exceeded, the BCCI would need to seek approval from the Lodha panel before moving ahead in the particular matter.Shirke, in his email, had also asked the committee if the independent auditor would also be present for the bidding process. We dont know what the threshold value is. We dont know who the auditor is. So we have submitted all the papers [relating to the tender] to them. And we await the directive from the committee now, the official said.In September, the BCCI announced it would invite bidders to participate in an open-tender process to secure IPL rights for the next cycle starting 2018. With the IPLs worth having soared astronomically over its nine seasons, and keeping in mind the changing trends in business dynamics, the BCCI had split the media rights into three categories: Indian subcontinent television rights, India subcontinent digital rights and Rest of the World media rights. Among those who bought the ITT were non-television players Facebook, Twitter, Amazon and Reliance Jio.The case stems from the IPL 2013 fixing scandal. The court had initially appointed the Lodha Committee to determine appropriate punishments for those involved, and propose changes to the BCCIs functioning to ensure best practices. In July the court accepted the majority of the committees recommendations, covering wide-ranging aspects of Indian cricket at the central and state level, making it binding on the BCCI to implement them. The BCCI has since questioned the benefits of some of these reforms - particularly the one state, one vote policy, the age cap on board officials, and the cap and cooling off periods on their terms in office - and missed some deadlines for their implementation, prompting the Lodha Committee and the Supreme Court to pursue the matter. Cheap Senators Jerseys For Sale . -- In one brief spurt, Brazil turned a close game into a rout and proved again it will be a strong World Cup favourite. Cheap Senators Jerseys Online .Y. - Detroit goaltender Jonas Gustavsson has earned NHL first star of the week honours after winning in his first three appearances of the season. http://www.wholesalesenatorsjerseys.com/ . 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