BCCI convenes emergency meeting after Nimbus notice
Barely a year after signing a telecast deal with the Cricket Board for a whopping 612 million dollars, Nimbus on Tuesday issued a notice to the BCCI threatening to pull out of the deal.
Nimbus' decision to withdraw from the deal, covering matches in India till 2010 March, comes after the Government issued on an Ordinance making it mandatory for private broadcasters to share with Prasar Bharti the live feed of sports events of national importance.
The sudden development prompted the BCCI to go into an emergency meeting at Board President Sharad Pawar's official residence here to discuss the issue.
"We have received a notice from Nimbus threatening to pull out of the deal," a top BCCI official told.