Reports: N Srinivasan to let go of Chennai Super Kings to contest BCCI polls
N Srinivasan could give up Chennai Super Kings to contest BCCI elections
Following the Supreme Court’s verdict on the IPL spot-fixing case, ICC chairman and BCCI president in exile N Srinivasan is expected to dissociate IPL franchise Chennai Super Kings from India Cements – a cement manufacturing company managed by the 70-year-old – to compete for the second time in the BCCI presidential elections, if NDTV reports are to be believed.
The Supreme Court, on Thursday, struck down an amendment to the BCCI constitution's clause 6.2.4, as the modification had been made to allow BCCI officials to have commercial interests in the IPL and the Champions League T20.
Raising conflict of interest issues, the Court ruled that Srinivasan has to forego one to have the other; the former BCCI boss has, in turn, opted to give up the Chennai-based IPL franchise to contest the polls, which has to be held within 6 weeks.
However, Srinivasan’s plans can still be dented, as the Court's order states that a person cannot contest BCCI elections “till such time the person concerned holds such commercial interest (in the board) or till the three-member committee (probing charges of betting on IPL matches against IPL teams CSK and RR and their officials/owners Meiyappan and Kundra) considers and awards suitable punishment to those liable for the same, whichever is later”.