Former Indian Premier League (IPL) chairman Lalit Modi has been vindicated after the Mumbai High Court gave him a clean chit in the IPL Media Rights case. After getting the decision in his favour, Lalit Modi has threatened to take the Board of Control for Cricket in India (BCCI) to the court.
Living in exile in the UK, Lalit Modi was the mastermind behind the IPL and he has been banned for life by the BCCI since 2013 for financial irregularities.
Banned by #BCCI for life, Lalit Modi files nomination for RCA election scheduled on 19th December. pic.twitter.com/HgvoWPtHKO
— News9 (@News9Tweets) December 16, 2013
Modi claimed that the IPL will go on to become a big entertainment property globally, adding that he single-handedly created the IPL for free of cost.
"Time is a factor, I single-handedly built the IPL. Not that I care but the BCCI banned me for life. Guess what I made recession (economic slowdown of 2008) Modi proof. Mark my words it will be a global showpiece from India. It will be a big entertainment property globally. And I did it free of cost for my country to watch on TV," Lalit Modi was quoted as saying by Cricbuzz.
Modi further alleged that his children were refused entry even on a paid ticket, claiming that the board members are scared of him. He promised to go after everyone by taking them to the court.
LALIT MODI READY TO SUE
The Bombay High Court declared that the Rs. 425 cr facilitation fee in IPL broadcast rights was legal.
Lalit Modi feels vindicated on hearing this judgement and said that he 'will sue all in UK and see the fun'.#LalitModi #IPL2022 #IPL #India pic.twitter.com/86rbHdbMiA
"The sad part is the petty members, who live off my creation, are so scared of my shadow that they even refused entry to my children on a paid ticket. Only question now is what will media say - fugitive? Go ahead try. Now I will sue all in UK, then see the fun (sic)," Modi added.
The 56-year-old businessman took to Instagram to share his thoughts after the verdict and said that justice is delivered.
View this post on InstagramModi's statement came after the Bombay High Court set aside an arbitral award that upheld BCCI's cancellation of IPL media rights to the World Sports Group India (WSGI). The High Court also stated that the facilitation fee of Rs 425 crore that led to Modi's exit from the BCCI and the IPL was legal.
Justice BP Colabawala ruled that the WSGI, which initially held the IPL rights for 2008-17, helped BCCI earn Rs 1791 crore more and acted in the interest of the BCCI.
The Lalit Modi vs BCCI case has been running for years and after the judgement by the Bombay High Court, it looks like the founder of the biggest cricket league in the world is set to ruffle some feathers in Indian cricket.

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