Beleaguered Indian Premier League (IPL) franchise Deccan Chargers' inability to find a buyer has put the Board of Control for Cricket in India (BCCI) in a quandary.
The Board of Control for Cricket will invite fresh tenders for Indian Premier League franchise Deccan Chargers after a bid from PVP Ventures was rejected by the Hyderabad-based team at an auction in Chennai on Thursday. Deccan Chargers had put their team up for sale and PVP Ventures were the only ones interested, but their bid of Rs 900 crore was rejected by the 2009 IPL champions.