The Sahara will continue to sponsor the Indian team and the Pune warriors are going to play in IPL 2012.
Following hours of discussions on 15th and 16th of February, Sahara group and the representatives of BCCI cleared out the sensitive issues and continued towards a positive decision.
In a mutual statement, Subrata Roy, Chairman and Managing Worker, Sahara India Pariwar and N. Srinivasan, President, BCCI, said that the Sahara and BCCI had long discussions on the issue and finally came to an agreement which includes the following.
1. Extension of the trading window that is due to end on 17th February, till 29th February in order to offer an opportunity to Pune Warriors to have successful discussions with other franchises since it seemed to build up its squad.
2. Reactivation of Pune Warriors’s auction purse hence it can obtain few more players, subjecting to the regulations of squad composition.
3. To begin the negotiation dealings instigated by Sahara, through an arbitrator appointment, in order to deal with its claim for a decrease in franchise cost for 74 matches.
4. BCCI is not going to have any problem with Sahara looking for a strategic partner for the Pune Warriors Franchise, under the terms and conditions of the Franchise Agreement.
5. In response to the Sahara’s request to sign foreign players who are not listed in the auction register for IPL 2012, subject to the applicable player regulations, BCCI approved to the Sahara’s request subject to approval from remaining franchisees.
6. Sahara group had also requested for the play off scheduled Bengaluru matches to be held in Pune. BCCI in standard satisfying to organize one of those matches in Pune stadium, subject to the approval from Royal Challengers, Bangalore.
7. BCCI will consider, during the next offered opportunity, Sahara Group’s request to supply Bank Guarantee against its franchisee payment in 2 installments.
8. Despite the latest decision of BCCI working committee in rejecting 5 overseas players in the playing eleven, in reflection of the special circumstance and the unavailability of one of the players of Pune Warriors, Yuvraj Singh, Sahara has been offered to get the decision of other franchises on the same for submission to the BCCI.
The agreement also states that Sahara Group would carry on sponsoring Indian team and that Sahara may want to utilize its right to allot the sponsorship as per the statement.
Sahara Expresses Thanks to BCCI
The chairman of Sahara India Pariwar, Subrata Roy, in an individual statement, conveyed his honest appreciations to all senior members of BCCI for their willing to resolve the problem. He genuinely conveyed thanks to N. Srinivasan, Rajiv Shukla, Sanjay Jagdale, Arun Jaitley, Sundar Raman and Ajay Shirke, and also thanked emotional initiative by Shah Rukh Khan and Shashank Manohar (former President, BCCI).
Mr Roy, addressing their joint statement, mentioned that though one request was not included, BCCI had surely given them an assurance for taking care of the matter seriously in the coming days.
According to him, it is the viewer’s interest that should be offered higher priority. Viewers should have fun watching each and every match, possibly with an exciting end in the final over, which is mostly possible when all the participating teams are well balanced. Sometimes, even too weak teams could begin defusing the appeal of IPL. Hence, there should be a right level-playing field.
Mr Roy, also mentioned that they had strongly requested to involve in an open auction without any retention. Because of the policy of retention, an inequality in the player capability and matching payment figure would be created, he said
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