After failing to find new ownership, the Deccan Chargers are reportedly in limbo over their status in the IPL. Their previous owners, Deccan Chronicle Holdings Limited (a newspaper in India), were looking to sell the team to compensate as more of a desperate measure to regain some money that was lost than anything else. According to NDTV.com, YES Bank has agreed to bail out the team by paying for the players’ salaries, but a final decision will be made tomorrow, as the BCCI (Board of Cricket Control in India) will have an emergency meeting to decide the team’s fate. Only yesterday, an offer from PVP Ventures, a movie making company, was rejected by the DCHL in what was the only interested group.
Should the Chargers not be in IPL 6, which starts in April 2013, they would be the second abandoned franchise in the short IPL history, following the Kochi Tuskers Kerala, who lasted only one season after similar problems, in that scenario, a non-payment. The loss of the Tuskers left the IPL with an odd amount of teams, which was 9 for IPL 5. The Chargers were IPL champions in 2009, when the tournament was played in South Africa due to concerns over safety in India. However, in IPL 5, the Chargers struggled mightily, finishing 8th out of 9 teams, only ahead of Pune Warriors India.
The Chargers did have talent though, in Sri Lanka superstar Kumar Sangakkara, Cameron White of Australia, and South African stud bowler Dale Steyn, among others.
Update: The Deccan Chargers have officially been scrapped from the IPL, after the original emergency meeting was moved up. The BCCI has decided to offer a new franchise tender, which sets up a tricky situation as the league will be back at 9 teams.