Lalit Modi likely to quit as IPL chairman

Amidst controversies, Indian Premier League commissioner Lalit Modi is likely to quit after the final of the Twenty20 extravaganza, said BCCI sources on Tuesday.

The sources said the cricket board members are miffed with Lalit Modi and the controversies surrounding him. The sources also added that the board members consider the present controversy as biggest the BCCI has ever faced.

BCCI president Shahank Manohar is presently in New Delhi to meet Sharad Pawar.

The stand against Modi has hardened over the last few days as the rapidly-developing events surrounding Kochi franchise’s stakeholding pattern has opened a pandora’s box about financial irregularities in the IPL.

Modi himself is under fire for allegedly helping his family and friends buy stakes in various IPL teams.

His tweets about Kochi’s shareholding created a political storm as it emerged that minister of state for external affair Shashi Tharoor’s close friend Sunanda Pushkar had a sweat equity worth Rs 70 crore. Tharoor had to resign, while Pushkar also gave up her stake in Kochi franchise.

“Modi’s exit is a foregone conclusion. The BCCI members are extremely unhappy in the manner in which he brought about this controversy,” a top BCCI source said.

“Never in the history of BCCI has the Income Tax sleuths raided the offices. It has not only tarnished the image of the Board but has also sullied the IPL brand,” the source said.

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