Let banks and financial institutions run Chennai Super Kings and Rajasthan Royals for two years: BCCI

NEW DELHI: The working group formed by the Indian cricket board (BCCI) to study the order of the Lodha Committee on two Indian Premier League teams, Chennai Super Kings and Rajasthan Royals, has come up with several options which will be deliberated upon at BCCI's working committee's meeting on August 28 in Kolkata.
Based on the suggestions given by different stakeholders of the game, the group will first submit its report by Friday to the governing council of the IPL.
According to sources, among the suggestions short-listed by the group, is the option of handing over the two suspended IPL teams to banks or reliable financial institutions. To stay clear of any legal hassle, the board is also open to giving the reins of CSK and Royals to reputed law firms.
The board also has the option of auctioning the two teams. However, the general sentiment of both BCCI and IPL teams is to continue with the two suspended teams without floating tenders for new franchises, as terminating the two could lead to several legal complications. "The eight-team format is suiting the IPL best. The governing council will take a call on this before giving suggestions to the working committee," a source close to the development told TOI.
Sources also told TOI that the board has got suggestions to start a second tier T20 league before next edition of IPL, from where the top two teams could be promoted to the main league, thereby completing the quota of eight teams.
The working group of the IPL consists of BCCI secretary Anurag Thakur, IPL chairman Rajeev Shukla, BCCI treasurer Anirudh Chaudhary and former Indian captain Sourav Ganguly.
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