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Lalit Modi is also accused of rigging bids when he added two clauses without permission while inducting two new teams into the IPL. These clauses were added in order to favor Videocon Group and Adani Group.
Why Modi has described ‘The Hundred’ as a ‘big fat Ponzi scheme’. Modi, who had also served as BCCI vice-president and was the IPL commissioner from 2008 to 2010, did not make a casual observation while dismissing ECB’s financial projections as one that was “disconnected from reality”. The 60-year-old instead took to microblogging ...
England and Wales Cricket Board (ECB) chief executive Richard Gould has hit back at IPL founder and fugitive businessman Lalit Modi for calling the board's flagship competition, The Hundred, a "big fa
Lalit Modi (born 29 November 1963) is an Indian businessman and former cricket administrator and a financial fraud fugitive. [ 1 ] [ 2 ] [ 3 ] [ 4 ] He was the founder, first chairman and League Commissioner of the Indian Premier League (IPL), and ran the tournament for three years until 2010.
Modi then explained why his "baby" IPL's revenue generation with media rights of USD 6.2 billion is a case of 16 years of sustained growth. "Even giving them the benefit for 2027-28, there's no ...
Richard Gould, the chief executive of the England and Wales Cricket Board, has hit back at an accusation from the Indian Premier League founder Lalit Modi, that the Hundred is “a big fat Ponzi ...
— Lalit Kumar Modi (@LalitKModi) September 27, 2024. As per the report, domestic TV rights are expected to rise from 54 million GBP in 2025 to 85 million GBP in 2029. The rise is expected to be ...
