New Delhi: The BCCI has terminated its contract with Nimbus Communications, the rights holders for cricket in India, according to reports. The contract, which was to run till 2014, had recently run into issues regarding payments.
"They have defaulted," IPL chairman Rajiv Shukla, who is also a BCCI vice-president, told PTI. "They have not made the 50 percent advance payment for both the England and the West Indies series and the board had no choice but to terminate the deal."
The decision is believed to have been taken at the BCCI's working committee meeting in New Delhi on Monday but there was no customary post-meeting media release till midnight. However, the story received widespread media coverage through the day but Nimbus' Harish Thawani, when contacted by ESPNcricinfo, said: "We have no official word from BCCI regarding the rumour in a section of the media hence will not be issuing any statement today."