IN A press statement that was released very late in the day, the BCCI offered a “sincere apology” to all the stakeholders for “being unable” to go through with the final stage of the tender process for IPL broadcast rights. It goes on to reiterate that potential bidders had travelled not only from ‘all corners of the country’ but also from “outside as bids had to be submitted in person”. It further talks about how the BCCI has “no control” over the deferral since the Supreme Court had appointed the Lodha committee as the “custodian of the entire process” and that the BCCI cannot “take any decision in the matter other than what the Committee recommends”.
The release goes on to highlight how the IPL had contributed “substantially” to the Indian economy and the tender process had been transparent with none of the stakeholders expressing any qualms. It then goes on to then talk about the Supreme Court’s intervention and their October 21 order, which entrusted the Lodha committee to take over the tender process and also about appointing an independent auditor to oversee proceedings.