Lalit Modi committed major irregularities: Abdullah

The Governing Council of Indian Premier League (IPL) has found out "major irregularities" during the tenure of Lalit Modi as chairman of IPL, GC member Farooq Abdullah said after a meeting of the IPL board members yesterday. "The various problems that IPL has gone through were put forward and decisions were taken. We found out major irregularities that have been committed by the past chairman and discussed what will be done and how we would proceed further," Abdullah said.

Facilitation fees recovery
The BCCI and MSM Satellite (Singapore) Pte. Ltd (MSM), the broadcasters of the IPL, have restructured their media rights agreement in order to recover the Rs 425 crore facilitation fee that MSM paid to World Sports Group (Mauritius) as compensation for WSG relinquishing the telecast rights for the Indian subcontinent before the second IPL season. In the amended agreement, MSM agreed to pay the balance payable under the Facilitation Fee Agreement to the BCCI, Srinivisan said in a statement.