Due to problem with the clarity on the ownership issue of Rajasthan Royals and Kings XI Punjab both team has been finally suspended for the year 2011. The another team for the same issue was given extra time to send the details within a week.

Rajasthan Royals is owned by Shilpa Shetty and his husband, while Kings XI Punjab is owned by Preety Zinta.  Since both team failed to file their case before the IPL Council on the given due date, both have suspended for the year 2011 while the newly born team Kochi IPL has been given last chance to clear the ownership issue and come back. If the Kochi fails to file the answer by next week, it will also be suspended, told by current IPL Commissnor.

The ownership issue of all the franchises came on the table after suspension on Lalit Modi, former commissioner of IPL Body. On the other hand, Excise Department of India in Chandigarh has already asked Mohali to pay the remaining service tax and file the return copy of income tax, which is still due by them.

Australian Redback are now in Semi Finals of Champions League Twenty20 2010 Tournament being played at South Africa. (more…)

IPL Franchise team list has changed from eight to ten following the addition of two new teams Pune and Kochi. Both teams were winner of the IPL BID Tender for increasing the teams by two new teams. Sahara Pune Warriors choose to name its franchise as Sahara Pune Warriors while Kochi Owners yet to announce their team name.

With the increase in team, we will see increase in the matches too. As pointed out by Lalit Modi in twitter that the format of the tournament of IPL will remain same in the IPL 2011 which give hints that only possibility of such thing is increasing the matches.

With the increase in matches profits of the IPL Franchise is estimated to grow by 20 percent. Vijay Mallaya told reporters after meeting with IPL committee that “IPL is pure business”.

CLT20 Working commitee announced the upcoming Airtel Champions League Twenty20. The League would be organized in South Africa. Four venues has been finalized for the proposed event. It would be Durban, Johannesburg, Port Elizabeth and Centurion.

This would be third edition of Champions League T20 although the first season was canceled in the wake of terrorist attack on 26/11 in Mumbai. (more…)

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