Sun, Nov 28 10 11:52 AM
Mumbai, Nov 28 (PTI) The owners of the beleaguered Kochi IPL franchise have made a last ditch attempt to save the outfit by reaching a compromise, sources said today. "Apparently, Kochi sent across some sort of correspondence last evening to the BCCI but it is upto the cricket board to accept that," sources close to the development told PTI. "We do not yet know that they (BCCI) will be convinced. Else they will float the tenders (for a new team)," they added. The IPL Governing Council is meeting in Nagpur today to take a call on the fate of the franchise. The investor group of the franchise, which was earlier bought for a staggering sum of Rs 1533.33 crore, had written to the BCCI informing them of their intention to withdraw from the IPL, two days before the expiry of the 30-day notice period which ended yesterday. The BCCI, which had on October 10, expelled Kings XI Punjab and Rajasthan Royals from the IPL for allegedly violating contractual agreements, had given the termination of 30 days to sort out is internal disputes regarding the shareholding pattern of the franchise.
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