After Dhoni ‘conflict of interest’,mandatory business disclosure clause for players

Transparency clause is being introduced to sanitise the game after fixing scandal.

Written by Devendra Pandey | Mumbai | Published: June 22, 2013 4:00 am

Stung by the controversy over the conflict of interest involving Indian skipper Mahendra Singh Dhoni,who owned shares in the management company that promoted two teammates,the Indian cricket board wants its contracted players to be more transparent about their commercial deals.

The BCCI is set to make it mandatory for players to furnish details of their endorsements,investments and also disclose business interests related to individuals or companies when contracts come up for renewal in October.

The transparency clause is being introduced as part of the board’s move to sanitise the game after the IPL spot-fixing scandal.

The proposal to include the transparency clause in contracts will be tabled at the next working committee meeting and is expected to be approved as top BCCI officials agreed to implement it during a meeting in Chennai Thursday,sources said.

The board’s interim chief Jagmohan Dalmiya,president N Srinivasan,treasurer Ravi Savant and secretary Sanjay Patel agree that the transparency clause should be included in contracts,they said.

“Once it is passed by the working committee,the players will have to submit documents relating to their endorsement deals,investments and business interests. The details of the agents of the players and the company the agent represents will also have to be produced if a player wants to be contracted,” a top BCCI official told The Indian Express.

The conflict of interest involving Dhoni came to light when it was reported that he had owned 15 per cent of Rhiti Sports that also manages Suresh Raina and Ravindra Jadeja.

“So far,we were only involved in cricketing matters of players but recent developments such as IPL spot-fixing and betting and Dhoni’s reported stake has resulted in the BCCI trying to ensure that all deals involving players are transparent,” the official added.

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