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1. PRSENTED BY – TYBMS / A
JAYESH TEKCHANDANI 48
HEMANT KUMAR HARIJAN 51
DEEPAK GUPTA 50
AVINASH MOURYA 49
SUMIT KORI 38
PROJECT ON – IPL SCAMS
2. INTRODUCTION
The Indian Premier League is a Twenty 20
cricket competition created by the Board of
Control for Cricket in India (BCCI) and
chaired by the Chairman & Commissioner IPL,
BCCI Vice President Lalit Modi.
The first season of the Indian Premier
League commenced on 18 April 2008, and
ended on 1 June 2008.
Barriers during second season.
Third season was scheduled from 12th march
2010.
3. HOW IPL ORIGINATED
IPL commissioner Lalit Modi did not
exactly get a brainwave to launch the
tourney.
Cricket has always been like a religion for
this country. It is seen as more than just
a game. The players are considered as
demigods and literally worshipped.
The format of Twenty20 cricket has
emerged as a phenomenon after the
Twenty20 World Cup was won by India
and since then people have been totally
immersed into it.
5. BCCI OFFICIALS INVOLVED AND
ROLE OF LALIT MODI IN IPL
Lalit Modi, IPL Commissioner
He was the former architect of the Indian
Premier League 2008 and 2010.
Involved in the commercial side of the
Board of Control for Cricket in India.
Brought IPL to high level.
6. POLITICIANS INVOLVED
Sharad Pawar family
Sharad Pawar family and his immediate family held
over 16% equity in one of the bidders for an IPL
cricket team.
The Pawars own 33.6 lakh shares (out of 2.07
crore shares) in City Corporation, a Pune-based
construction company which bid Rs 1,176 crore for a
franchise in March.
Pawar family's shares are held through two
companies, Lap Finance and Consultancy Pvt Ltd and
Namratta Film Enterprises Pvt Ltd, which are 100%
owned by the NCP supremo and Union agriculture
minister, his wife Pratibha and daughter SupriyaSule
7. IPL Commissioner Lalit Modi revealed that
Tharoor's friend (later his wife) Sunanda
Pushkar had equity stakes in Rendezvous
Sports World (RSW), heading the consortium
that owns the Kochi team.
It was later disclosed that Pushkar got
sweat equity of the value of Rs 70 crore.
Shashi Tharoor
8. PRAFUL PATEL
Union Civil Aviation Minister Praful
Patel.
Praful Patel was accused of meddling in
the auctioning of the franchisees
Shashi Tharoor maintained that the amount had
nothing to do with his active campaigning and
mentoring for the Kochi team
9. MONEY LAUNDERING
The process of creating the appearance that large
amounts of money obtained from serious crimes, such
as drug trafficking or terrorist activity, originated
from a legitimate source.
IPL is a major source for some individuals or
parties to bring that money from Swiss banks to
India for utilize it in investing in various business
firms. NRI, Non resident Indian play an important
role in this conversion.
Due to this IPL became an easy way to turn “BLACK
MONEY” to “WHITE”.
11. BETTING AND MATCH FIXING
Online betting
SMS
Bookies
Match fixer players
On 16 May 2013, 3 players of Rajasthan
Royals were arrested by Delhi Police on
charges of spot fixing. The three players
were Sreesanth, Ankeet Chavan & Ajit
Chandila
All three Players were suspended by BCCI
12. Gurunath Meiyappan, a top official of the Chennai
Super Kings franchise and son-in-law of BCCI
president N. Srinivasan was arrested in Mumbai by
Mumbai Crime Branch in connection with illegal
betting.
13.
14. Multi Screen Media or Sony Entertainment
Television
World Sports Group
International Management Group
Raj Kundra
Shahrukh Khan
CORPORATE AND CELEBRITIES
INVOLVED
15. The second scam relates to timeouts
introduced by modi in IPL2.
In IPL2, 600 seconds of extra time were
introduced as strategic timeouts.
Strangely for rest of world rights, contract
did not include these 600 secs.
BCCI alleges modi caused loss of revenue
worth crores to board.
STRATEGIC TIME OUT SCAM
16. SECURITY VAN SCAM
The fourth scam is being called the Security van
scam.
IPL awards contract to Visual Impact headed by
Ajay Verma.
Contract is to supply 3 vans at Rs 5 crores.
Contract further said 4 more vans to be provided
over next 7 years.
BCCI alleges Modi did not follow due process while
awarding contract.
17. IPL SWOT ANALYSIS
STRENGTHS
IPL Twenty20 cricket game-2 ½ hours.
Fast-paced and exciting.
Appealing as a spectator sport.
Revenue is maximized.
Unified the sport more successful .
18. WEAKNESSES
Could replace other forms of cricket.
Expensive for some IPL fans.
Stakes are very high.
Short-term failures.
Some teams have overpriced their
sponsorship
19. OPPORTUNITIES
Large potential mass audience.
League functions under a number of
franchises.
Corporate hospitality.
Huge opportunity for merchandising.
Franchise fees will remain fixed.
20. THREATS
Dispute between BCCI and Lalit Modi
May not see return on investment.
Franchises are very expensive.
Franchises fan base should remain
strong or
else can give rise to cash flow
problems.