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Essel‘s Subhash Chandra gets ready to end BCCI's monopoly

Having burnt his fingers once with the poorly-funded Indian Cricket League (ICL), which wound up two years after it was launched in 2007 after arch-rival Lalit Modi and the BCCI launched the hugely successful Indian Premier League (IPL), Chandra seems to be playing his cards differently this time.

April 28, 2015 / 17:18 IST
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R JagannathanFirstpost.com

Is Subhash Chandra, boss of the Essel Group that includes broadcaster Zee Entertainment, getting ready to take a second crack at ending the monopoly of the Board of Control for Cricket in India (BCCI) and the International Cricket Council (ICC)? Since India is the lynchpin of the ICC, being the main generator of revenues for international cricket, Chandra would effectively be challenging the BCCI’s super-profitable monopoly.

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Having burnt his fingers once with the poorly-funded Indian Cricket League (ICL), which wound up two years after it was launched in 2007 after arch-rival Lalit Modi and the BCCI launched the hugely successful Indian Premier League (IPL), Chandra seems to be playing his cards differently this time.

An employee of Ten Sports, an Essel company, was found to have registered two websites (worldcricketcouncil.in and globalcricketcouncil.in) last year. With the ICC starting an investigation to figure out what was happening, Chandra yesterday (27 April) denied Ten Sports had anything to do with his plans to create a rival cricket league. An Essel statement said it was “now geared up to enter the sports business at a global level, focusing on cricket, since it has been limited to Commonwealth countries. Our research reflects that there is an immense opportunity to make it a global sport.”