{
    "id": "9510",
    "author": "13",
    "cnmid": "0",
    "title": "BCCI to seek fresh legal opinion on CSK valuation issue  ",
    "lang": "en",
    "series": "8",
    "cup_year": "2015",
    "article_type": "General",
    "excerpt": "In a step that could spell further trouble for its former chief N Srinivasan, the BCCI on Sunday decided to seek",
    "subtype": "",
    "editor1": "<p style=\"text-align: justify;\"><span style=\"font-size:16px;\"><span style=\"font-family:tahoma,geneva,sans-serif;\">Kolkata, April 26 (IANS) In a step that could spell further trouble for its former chief N Srinivasan, the BCCI on Sunday decided to seek a fresh legal opinion on the demerger and transfer of shares of IPL franchise Chennai Super Kings.<\/span><\/span><\/p>\r\n\r\n<p style=\"text-align: justify;\"><span style=\"font-size:16px;\"><span style=\"font-family:tahoma,geneva,sans-serif;\">The matter was deliberated at length at the first working committee meeting of the Board of Control for Cricket in India under the new dispensation with Jagmohan Dalmiya as president.<\/span><\/span><\/p>\r\n\r\n<p style=\"text-align: justify;\"><span style=\"font-size:16px;\"><span style=\"font-family:tahoma,geneva,sans-serif;\">&quot;The committee decided to seek a fresh legal opinion on the demerger and transfer of shares of CSK for further action,&quot; BCCI secretary Anurag Thakur said in a release after the meeting at a plush five star hotel here.<\/span><\/span><\/p>\r\n\r\n<p style=\"text-align: justify;\"><span style=\"font-size:16px;\"><span style=\"font-family:tahoma,geneva,sans-serif;\">The valuation of the de-merger of three-time Indian Premier League champions CSK from its parent company, the Srinivasan-owned India Cements at a meagre Rs.5 lakh has drawn the hackles of the media and a section in the board.<\/span><\/span><\/p>\r\n\r\n<p style=\"text-align: justify;\"><span style=\"font-size:16px;\"><span style=\"font-family:tahoma,geneva,sans-serif;\">Srinivasan and India Cements are understood to have claimed that Chennai Super Kings Private Limited is worth just Rs.5 lakh, prompting sections in the IPL governing body to talk of &quot;grey areas&quot; in the valuation of the francisee. CSK pays Rs.40 crore as annual franchisee fee and spends over Rs.60 crore for the players&#39; remuneration every year.<\/span><\/span><\/p>\r\n",
    "image": "https:\/\/img.cricketnmore.com\/uploads\/2015\/04\/n-srinivasan8.jpg",
    "alt_img": "N Srinivasan",
    "alt_title": "N Srinivasan CSK",
    "image1": "",
    "video": "",
    "seo_title": "BCCI to seek fresh legal opinion on CSK valuation issue  ",
    "seo_desc": "In a step that could spell further trouble for its former chief N Srinivasan, the BCCI",
    "seo_keywords": "BCCI, CSK, Chennai Super Kings, N Srinivasan",
    "tag": "",
    "tagging": "",
    "status": "1",
    "img_rpt": "0",
    "google": "0",
    "standout": "0",
    "edapps": "0",
    "pulse": "0",
    "no_index": "0",
    "feed": "0",
    "fixture": "0",
    "slug": "bcci-to-seek-fresh-legal-opinion-on-csk-valuation-issue-",
    "user_id": "0",
    "read_count": "0",
    "ians_date": "0000-00-00",
    "ians_time": "00:00:00",
    "server_time": "0000-00-00 00:00:00",
    "trash": "0",
    "view_count": "1456",
    "page_break": "0",
    "instant_articles": "0",
    "auto_link": "0",
    "created": "2015-04-26 16:44:00",
    "updated": "2015-04-26 16:44:00",
    "img_from": "",
    "img_source": "",
    "schedule_publish": "0000-00-00 00:00:00",
    "news_keywords": null,
    "livescore_text": null,
    "livescore_link": null,
    "btn_text": null,
    "resend_feed": "0",
    "google_feed": "0",
    "read_more": "0",
    "posted_by": "1",
    "jio_date": "2015-04-26 16:44:00",
    "scheduled": "0",
    "news_now": "1",
    "breaking_news": "0",
    "google_date": "2015-04-26 16:44:00",
    "featured": "0",
    "pred_match_id": null,
    "article_content_type": null,
    "link": "https:\/\/www.cricketnmore.com\/cricket-news\/bcci-to-seek-fresh-legal-opinion-on-csk-valuation-issue-9510"
}