BCCI also decides never to approve grants to other sports bodies as the I-T department cancelled the tax benefits.
The Board of Control for Cricket (BCCI) in India has decided not to pay the second and final installment of Rs12.5 crore-grant to the All India Football Federation (AIFF). The stop-payment decision was taken at the BCCI’s working committee meeting which met here on Saturday.
The Board members have felt that the AIFF has not shared enough information about how the first installment (Rs12.5 crore) of Rs25 crore was spent by the country’s football governing body. The matter has now been referred to the general body of the BCCI.
Thus the final decision on the payment will be taken during the Board’s AGM in September-end. It may be recalled that in an unprecedented move, the Indian cricket board had sanctioned a grant of Rs25 crore to AIFF after a request from its president and Union civil aviation minister Praful Patel.
Over and above that, the BCCI has also decided not to entertain any further requests for grants from any other sporting body.
This decision, evidently, is linked to the income tax (I-T) department’s cancellation of tax benefits to the Board after it found that a constitutional amendment to contribute Rs50 crore to National Sports Development Fund was done without keeping them in the loop.
As per rules, any constitutional amendment must be conveyed to the I-T department. “Our decision to grant Rs50 crore to other sports resulted in loss of tax waiver. We have been punished for doing charity,” said a BCCI official.
An immediate fallout of that decision is rejection of the Commonwealth Games organising committee’s request for a Rs100 crore sponsorship.
“The committee expressed its inability to agree to the request of the Commonwealth Games to be the lead partner by donating Rs100 crore,” a BCCI release said.
Among other things, the Indian cricket board has decided to call Nimbus for a negotiation on production rights.
Nimbus was one of the two bidders for the four-year rights. WSG was the other bidder but its bid was rejected on the ground that it did not produce any cricket matches, as required, in the last three years.
Sports marketing company IMG, which was expected to participate in the bidding process, did not submit a bid.
BCCI president Shashank Manohar will negotiate with the Nimbus officials to finalise the deal in the next couple of days.
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