BCCI escape to terminate CSK, RR; two new teams in next IPL

The Board of Control for Cricket in India (BCCI) confirmed on Sunday, that the suspended Indian Premier League (IPL) franchises, Chennai Super Kings and Rajasthan Royals, will not face termination. Following their Working Committee meeting in Mumbai on Sunday, it was revealed the Board will now float tenders for two new franchises to take CSK and RR's place for the upcoming ninth edition of the T20 league.

Read more: VIVO replaces Pepsico as IPL title sponsors

After CSK and RR serve their two-year suspension, the IPL will have 10 teams from 2018. In other major developments from the BCCI Working Committee meeting, PepsiCo. has amicably cut ties with the Indian Board, withdrawing as title sponsors of the IPL. Chinese mobile company, VIVO has replaced PepsiCo. The Indian Board also confirmed that their Annual General Meeting (AGM) will be held on November 9.

In an official press release, BCCI also made the following announcements:


- The Treasurers Office will start operations from the BCCI Headquarters, Mumbai at the earliest.

- The Board has appointed M/S Price Water House Cooper as the independent agency to due the diligence for the utilisation of funds provided by BCCI to the state associations.

- BCCI rules regarding conflict of interest and the amendments to the Rules and Regulations of the Board are being proposed for the consideration at the Annual General Meeting.

- Revival of the National Cricket Academy as the centre of excellence is the top most priority of the BCCI.


- The IPL title sponsorship right has been assigned to M/S Vivo mobiles. Vivo is to give the Bank Guarantee in next ten days.