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Mumbai, Jun 25 (PTI) IPL''s broadcast rights holders MSM Satellite (Singapore), which has entered into an amended agreement with the Cricket Board, has filed a suit against Mauritius-based World Sport Group in the Bombay High court to recover facilitation fee of Rs 125 crore from the latter. This followed the BCCI''s successful contention that the IPL broadcast rights were exclusively with the Board "immediately prior to and at the time the grant of the rights by BCCI to MSMS," said the Singapore-based firm in a media statement.
"The BCCI has disclosed certain facts, hitherto not known to MSMS that confirm that the broadcast rights were exclusively with it (the BCCI) immediately prior to and at the time of the grant of the rights by BCCI to MSMS. As such, the BCCI also stated that all monies expended by MSMS for the MRLA (including the facilitation fee) should be paid to the BCCI," the statement said. In the light of these facts MSMS has cancelled the payment of Rs 300 crore in eight instalments spread over the next seven years to WSG and also filed the suit to recover Rs 125 crore which has already been paid to the latter as "facilitation fee".
"In light of these new facts MSMS has cancelled all future payment demands that WSG may make MSMS was due to pay the balance of Rs 300 crores in eight installments spread over the next seven years of the contract and has initiated legal action in India with a view to claiming back the payments so far made of Rs 125 crores. (More) PTI SSR VKV SSC.
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