Indian cricket board cancels 2 IPL franchises
MUMBAI, India - Rajasthan Royals and Kings XI Punjab have had their Indian Premier League licenses revoked for alleged breaches of their franchise agreements and new club Kochi has been ordered to finalize its ownership structure within 10 days.
The Board of Control for Cricket (BCCI) in India announced the unanimous decision after an emergency meeting on Sunday. The Royals, led by Australian great Shane Warne and winners of the inaugural tournament in 2008, and Kings have been at the center of corruption allegations involving the league's former commissioner, Lalit Modi.
The BCCI suspended Modi earlier this year and set up a committee in July to investigate bribery allegations in the 2008 awarding of the bids for franchises in the lucrative Twenty20 league.
