The Rise & Fall of Lalit Modi
The suspended IPL CEO got many things right as he desi9gned the IPL but his controversial style caused him to fall faster than he grew up to that standard.
Perhaps, this is an apocryphal tale, Not that their is any reason to doubt its authenticity.But then, the way things are, there is no way to authenticate it either.The story goes like this.Before the IPL 3rd session took off,Lalit Modi, former commissioner of the league, made a close friend of his an offer, Modi thought was irresistible.For Rs. 5 crore, Modi friend could buy the rights to have his company's name plastered on a blimp that would float over stadiums where league matches were displayed.the mileage it could possibly attract, Modi argued, was worth a lot more than the Rs. 5 crore he was asking for.The quarrel starts here and it grown step by step and it lead to his suspension at final.
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