Sources have toldthat Lalit Modi will be sacked as Indian Premier League (IPL) chief and action against him is likely at the IPL governing council meet to be held soon. The sources said BCCI president Shashank Manohar is likely to take over as IPL chairman.
Modi will face charges for arm-twisting franchises. Tharoor had alleged that Modi delayed signing the Kochi tender for a month.
There is also some bad news for all IPL owners. The government will probe the source of funds of all teams and possible foreign exchange violations.
The Income Tax Department has even sent summons to the BCCI seeking details of the IPL franchisees.