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Royals to seek damages from the BCCI

The Rajasthan Royals owners have demanded over $30 million in compensation from the BCCI for damaging its image and reputation after the board terminated their franchise contract.

The contract was terminated by the Board last October for alleged breaches of the franchise agreement by the Royals including the ownership structure of the team.

Having taken the BCCI to court at the end of last year the Royals won their case and were reinstated by an arbitrator who ruled in favour of the franchise.

A team spokesman said the Royals would be seeking damages totalling over $30 million after submitting their case to arbitrator Justice B N Srikrishna.

"The amount is for the damages to our reputation, sponsors and legal costs," added the spokesman who also announced that the BCCI had received a copy of their submission.

Having secured their IPL lifeline the Royals were asked to submit a bank guarantee of almost $20 million to the BCCI before being allowed to take part in the player auction in January.

The BCCI meanwhile said they were not aware of the Royals demands with BCCI chief Shashank Manohar saying he didnít know anything and he couldnít comment on the case.

source - cricket20.com
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