‘Pushkar has no shares in Kochi IPL franchisee’

Thiruvananthapuram: Former Union Minister of State for External Affairs Shashi Tharoor said his wife Sunanda Pushkar had no connection with the Kochi IPL team after she returned her stakes in the Rendezvous Sports World-led consortium a few months ago.

Tharoor told reporters here that his wife had returned all the shares she had with the consortium.

“She was in the promotional group initially. But after a controversy broke out, she returned all her shares,” Tharoor said.

Tharoor said he wanted to help the consortium overcome the current problems resulting from differences between shareholders to ensure that the state did not lose the IPL team allotted to it.

“What we should do is to ensure that 11 cricketers are playing for Kochi IPL team next season. Everyone should be prepared for compromises. Though I do not have personal involvement in the consortium, I am ready to help and have talked with some owners in the group over phone,” he said.

Kerala Cricket Association had yesterday decided to hold talks with owners of the Kochi IPL franchisee on October 7 at Kochi to sort out the problems in the consortium which won the bid for the team for Rs 1,530 crore.

The KCA decision was taken in the backdrop of Board of Control for Cricket in India issuing a show cause notice to the Kochi franchisee directing them to register their joint venture under the Companies Act within 10 days or face action.

Controversy had dogged the new team following a spat between Tharoor and former IPL Commissioner Lalit Modi over the ownership of Rendezvous Sports World.

Sunanda Pushkar had held 18 per cent free equity in the RSW and had returned it after the controversy broke out and Tharoor resigned.


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