10 October,2010 08:06 AM IST | | Sai Mohan
The crisis surrounding the Kochi franchise will take up the maximum time of the Indian Premier League's Governing Council when they meet today in Mumbai to resolve the ownership issue of one of the two latest entrants in the Twenty20 money-spinner.
The fate of Kings XI Punjab and Rajasthan Royals ufffd the other two franchises embroiled in an ownership row ufffd will also be decided at today's meeting.
The Kochi situation is murky and even investors are unsure if they can save the sinking boat as BCCI has handed out its ultimatum ufffd get your act together or perish.
An insider at the franchise hints that neither camp is coming forward to fix the issue. "The coach and majority of the support staff are already hired. Most things are in place, but time is running out for the promoters and owners."u00a0 The insider added: "It was under control when Shashi Tharoor was around, but things fell apart later," he said.
So, what happens to the firm which was the second highest bidder in the second round of auction? Will the franchise stay in Kochi? The insider, just like a Kerala Cricket Association (KCA) official, is clueless.
