Lalit Modi comments at BCCI for allowing ‘betting investing company’ to buy new IPL team

Ex- IPL chairman Lalit Modi on Tuesday made serious allegations taunting the BCCI for allowing betting investing companies to buy new IPL teams.

The BCCI on Monday (October 25) announced that Irelia Company Pte Ltd. (CVC Capital Partners) and RPSG Ventures Limited are the new owners of the 2 brand new IPL teams for 2022.

RPSG Ventures Limited won the bid for the Lucknow team for Rs. 7,090 crores and CVC Capital Partners won the bid for Ahmedabad for Rs. 5,600 crores.

After the announcement, Lalit Modi tweeted in reply:

i guess betting companies can buy a @ipl team. must be a new rule. apparently one qualified bidder also owns a big betting company. what next 😳😳😳 – does @BCCI not do there homework. what can Anti corruption do in such a case ? #cricket

— Lalit Kumar Modi (@LalitKModi) October 26, 2021

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Under the same tweet, an Outlook report is attached that indicated that CVC is under the scanner as for their connections to betting companies.

It was also reported that they have heavily invested in such companies and that BCCI didn’t check these facts and only saw their business activities.

The BCCI didn’t comment on this matter.

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