The clash between IPL commissioner Lalit Modi & Minister of State for external affiars Shashi Tharoor can really be dangerous for future of IPL.
It all started with Lalit Modi publicly stating the ownership details & percentages of the Kochi IPL team. Though it is high time that all these details about all the teams be made public, the way he did is what is questionable. He should have probably called a press conference or made an official statement about it first. But doing it on his tweet feed is something uncalled for. He was making a public statement and twitter is probably the last place on earth to make a public statement.
As far as clarifying the names of the stake holders is concerned, i think not only Kochi, all the other franchises should now start making their share-holding patterns public. When there is so much money involved, it should be very clear as to where the money is coming from and where it is going. Also with the IT department coming out with many possible money laundering cases, it is even more important now. Moreover, if the owners of a team like Kochi which has not even started playing has been revealed, then why not about the other teams which have been playing and minting money since the last two years. Hence I don't see anything wrong with Modi disclosing the names of the stake-holders of Kochi team other than the way he did it. It would be really good if he does the same with other teams like Kings Eleven or Rajasthan Royals.
On the other hand though, Shashi Tharoor's aides have accused Modi of forcibly trying to make Rendezvous Sports give up their IPL bid in order to satisfy some of his other corporate friend's desire to win an IPL team. Modi is also accused of offering $50M to RS to give up their bid. If any of this is true, it is very dangerous for the future of IPL. IPL has become the biggest cricket tournament in the world & has the potential to become the costliest & the richest sporting event in the world. A huge controversy involving the commissioner himself along with the country's politicians at this stage has the potential to kill the tournament.
BCCI has called up a meeting and has given a chance to Modi to explain. But only an explanation is not enough. Action has to be taken. Whether it is Lalit Modi or anybody else who has done anything wrong, has to be punished. The problem has to be crushed now or else it will only become bigger & more dangerous.
The value of IPL is getting bigger each passing day. The sponsorships, the broadcasting rights, the TRP's, the value of each franchises is getting bigger. Just hope that it is not too big to handle.