Modi was unsurprised by the BCCI’s decision to give the new franchise to Sun TV

Former Indian Premier League (IPL) chairman Lalit Modi has lashed out at the Board of Control for Cricket in India (BCCI) president Narayanaswami Srinivasan for gifting the new Hyderabad franchise to his “pals”.

Modi stated that it was no surprise to him when Sun TV was announced as the new official owners of the Hyderabad franchise after the original Deccan Chargers were terminated for failing to pay a bank guarantee within a certain period of time.

Modi, via his Twitter account, said: “So finally Sun TV has got an IPL franchise. I had predicted 3 months ago it will be SUN as BCCI president wanted it that way. Can’t be a bigger scam than this. Someone should see N Srinivasan’s relationship and India Cements relationship with Sun TV. Don’t forget Kalaignar TV and India TV scam, BCCI is trying to gift team to Srini’s pals. Whilst Sahara pays 370 million dollars for its team. This one goes for pennies. How and why?”

Sun TV will now pay Rs 85.05 crores per year in a five-year contract.

“Someone should examine common share holding between SUN TV Network and India Cement. I am sure there will be common share holders and would not be surprised if Sahara now wants to renegotiate their franchise contract based upon new tender offer by BCCI,” Modi added.