Lalit Modi told reporter "I want to make it fully clear that all our sponsors and partners are still on board. They have all paid as per the schedule. In fact, a lot of other sponsors have approached us and are willing to pay more than our existing ones".
Modi's hastily convened media conference was held a day after Kunal Dasgupta, chief executive of Sony Corporation, host broadcaster of the IPL, quit the organization.
Modi, who is also a vice-president in the Indian cricket board, said that Dasgupta's resignation wouldn’t have any impact on the IPL starting Apr 10.
Lalit Modi also said "It's an internal matter of Sony Corporation. He (Dasgupta) is a personal friend of mine. He was deeply involved in developing the IPL concept. But the organization, whether it's Sony or IPL, is bigger than any individual. There's no question of Sony pulling out".
He said "We are jointly working with the management team at Sony to address this and we are confident that we will be able to amicably resolve the operational issues to the satisfaction of all the concerned parties".
Modi also rubbished speculation that title sponsor DLF paid just 50 per cent of the agreed Rs.2 billion for a period of five years.
"I want to make it fully clear that all our sponsors and partners remain resolute and steadfast in their commitment to the DLF Indian Premier League. They are all very much still on board and not a single partner has pulled out. They have all paid as per the schedule. In fact, we have received a lot of offers from potential sponsors at multiple prices willing to pay much more for our properties," he said.
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