Mumbai: in front of what will be a ‘change game’ for the Indian Premier League (IPL) and Indian cricket in general, BCCI does not leave the missed stone to ensure transparency remains a keyword.
The tender process to sell two new franchises began to run in August last year and directly from floating itt to finally invite an offer in the last week of October, the board runs in a way that is gone and clarity.
“BCCI is usually a body that ultimately receives noise in most of the things they do.
Except, this time, they have been very careful not to just do things in the right way but also have to do things in the right way, “Say the development of tracking.
For this reason even though selling two new franchises on October 25, the Board still takes two and a half months which is good to sign a Letter of Intent (LOI) with the Ahmedabad franchise.
“Not because BCCI does not believe in the validity of the franchise and new bidder.
However, BCCI Secretary Jay Shah thinks it is very important to clarify each and all doubts before signing on a dashed line,” the source added.
For this reason, BCCI pointed to the three member committees, which included the Supreme Court Judge and President of the Institute of Chartered Accountants, to provide all-clear before officially allocating the Ahmedabad franchise.
“He (Shah) is outside the media radar but is really clear about what to do.
Little things are important.
For example, appointing Rahul Dravid as head coach, ensuring someone from VVS Laxman’s stature is associated with National.
Cricket Academy ( NCA).
We were told that he was now trying to convince Sachin Tendulkar to enter into the role in the near future, “BCCI members said in knowledge.
Likewise, it was Shah’s decision to invite some of leading global consultants such as McKinsey, Boston Consulting Group (BCG), Redbird, Ernst & Young (EY) and KPMG, among others to make presentations about the sale of future media rights, identifying the process To be placed in place and how to get optimal value.
“All of these parties made their presentations and finally, KPMG was chosen.
They now work with BCCI to attract what frameworks should be turned off by the auction process,” said the source.
The Board also arrested the International Cricket Council (ICC) off-guard by announcing in October that they would come out with the tender media rights immediately after the sale of new franchises – the following, the ICC was delayed its own media rights with a few months – and now has waited for the time appropriate.
BCCI now tends to come out with the IPL tender document in February, as soon as the player auction.
In fact, Shah is said to be located that the IPL government council needs to call for meetings of all franchises and high-ranking officials – the habits that were followed many years ago in the IPL by the workshop – and in short they are about future developments and how the board sees everything playing.
Back in October, when two new franchises were sold, the process was once again seen as transparent by participating bidders.
“One by one, every name of the bidder and detail is called, and the bidder must stand and spell the offer details including the amount mentioned in the bidding document.
When the bid number is distributed through the microphone, it is reflected in the giant screen in the bidroom,” said the bidder Present at the venue.