BCCI president, Sourav Ganguly has decided to resign as the director of the infamous football club, ATK Mohun Bagan to avoid conflict of interest as it has been owned by RP Sanjiv Goenka Ventures. RPSG recently became the owner of the new Lucknow-based Indian Premier League (IPL) franchise for INR 7090 crores on Monday, October 25, and will be a part of the IPL from the 15th edition of the tournament. 

ATK Mohun Bagan is a Kolkata-based Football club owned by RPSG chairperson Sanjiv Goenka and Ganguly was the cow-oner of it along with Utsav Parekh. As the company has acquired the Lucknow-based franchise in IPL, Sourav Ganguly has opted to resign as ATK Mohun Bagan’s Director to avoid getting entangled in the conflict of interest. As per the quotes in Cricbuzz, the former India captain has confirmed that he has stepped down from his position. 

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“I have resigned,” Ganguly told Cricbuzz on Wednesday after reports emerged about his conflicted position by virtue of being the BCCI president as well as a director of a football club. 

Meanwhile, the founder of the IPL Lalit Modi has questioned the process of teh auction of the new IPL teams, saying that now a betting company has become the owner own an IPL franchise.  

Lalit Modi had earlier said, “I guess betting companies can buy an IPL team, must be a new rule. Apparently, one qualified bidder also owns a big betting company. What next? Does BCCI not do its homework? What can Anti-Corruption do in such a case?”

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The CVC Capitals acquired the Ahmedabad-based franchise which also owns a betting and gaming company named Sky Betting, based in the UK.