The BCCI, it seems, is taking its time to respond to the Kochi IPL consortium's request for an extension to sort out their differences. Till Friday night, the BCCI had neither declined nor accepted Kochi's request to give them 10 days to salvage their IPL team.
While BCCI president Shashank Manohar has forwarded the replies by both the Kochi factions to the Board's legal team, a source said the team was already “overworked”. “There are too many cases going on, so it could take a little more time than expected earlier,” he said. Manohar, due to chair the World Cup security council's meeting here on Saturday, may discuss the issue with some office-bearers on the sidelines.
However, even after submitting separate replies to the BCCI's show-cause, the two factions in the Kochi franchise were still at war. While the Gaikwad lobby - comprising Rendezvous Sports World and Filmwave Combines - have sent out a strongly-worded letter to other investors, the other lobby (including Anchor Earth Group, Parinee Developers, Anand Shyam Estates and Vivek Venugopal) has said Gaikwads will be allowed to hold a maximum of 10 per cent as sweat equity instead of the current 25 per cent.