New Delhi: The IPL tangle now leaves a messy trail of destruction. Charged with dubious ownership details, the IPL Kochi franchise has now made changes in its top management. Dubai-based businessman Harshad Mehta has been appointed as the Chairman of the franchise as Keshav Tahil Ramani, who represents Mehta's company Rosy Blue Diamonds, has been named as the new CEO in place of Shailendra Gaikwad.
Sources tell CNN-IBN that BCCI President Shashank Manohar is brokering a deal between the Kochi team and Lalit Modi who has agreed to allow the team to go ahead. Although there was no official word, it was learnt that Satyajit Gaikwad no longer functions as the spokesman amid speculation that he has been sidelined because of his controversial statements in the past few days.
Mehta is the chairman of the Dubai operations of Rosy Blue Diamond but his stake in IPL Kochi franchise is personal. The businessman has been based in Dubai with his family since 2003 and his company operates from the Jebel Ali free zone.
The Kochi franchise and the IPL Commissioner are currently engaged in a bitter showdown over the identity of the stakeholders.
More trouble for the Gaekwads:
The Maharashtra state government has sent a notice to Ravi Gaekwad, brother of Satyajiy Gaekwad, who has just been removed from Kochi IPL's management. Ravi works as the RTO in the Maharashtra Trasport Department. The notice is related to a scam involving purchase of foreign vehicles.
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