BCCI unable to proceed with IPL media rights bid

The BCCI has also referred to the Supreme Court’s order of October 21 wherein the three-judge bench, that included the Chief Justice of India Tirath Singh Thakur, had asked the Justice Lodha Committee to appoint an independent auditor to scrutinise the tendering process.

The BCCI’s long explanation came after the Lodha Committee responded with a note to the BCCI saying that its President and Secretary must give compliance undertaking for adopting the Reforms in Cricket report.   -  PTI

At 10 PM on Monday the BCCI cited reasons for its inability to proceed with the IPL Media Rights Bid process in Mumbai on Tuesday, October 25. Eighteen IT and Media Companies had purchased the Invitation to Tender for the global media rights from 2018 to 2027.

While detailing the entire IPL Media Rights process in 1195 words, from floating the ITT to receipt of 18 applications, the BCCI has also referred to the Supreme Court’s order of October 21 wherein the three-judge bench that included the Chief Justice of India Tirath Singh Thakur, had asked the Justice Lodha Committee to appoint an independent auditor to scrutinise the tendering process.

The BCCI’s long explanation came after the Justice Lodha Committee responded on Monday with a note to the BCCI saying that for the committee to give any direction on the IPL media rights bid matter, its President and Secretary must give compliance undertaking for adopting the Reforms in Cricket report.

In its concluding paragraphs the BCCI says: "The BCCI, apart from the above communication, has so far, not received any further directions from the Committee, which is now the custodian of the entire process and has been tasked with the duty to ensure that the tender process is undertaken in a professional and transparent manner with least inconvenience to all stakeholders.

"Once the BCCI receives a response from the Committee it shall bring the same to the notice of all stakeholders as the BCCI is currently not in a position to take any decision in the matter other than what the Committee recommends. In the absence of permission from the Committee to go ahead with the process scheduled for tomorrow, the BCCI is unable to do so.

"The BCCI requests all bidders to appreciate that the events as have occurred were unforeseen and something over which the BCCI has no control.

"The potential bidders would appreciate that in the past the BCCI has responded to all queries to potential bidders in a prompt fashion and has conducted the entire process in a fair, transparent and professional manner.

"BCCI offers its sincere apology to all potential bidders and stakeholders who have put in efforts to put together bids by expending considerable time and resources, and have travelled from all across the country and the world to take part in this event."

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