Board of Control for Cricket in India (BCCI) President Sourav Ganguly on Wednesday resigned as the director of ATK Mohun Bagan. Two days after RPSG Group, which owns ISL team Bagan, bought the IPL’s Lucknow team, Cricbuzz has confirmed that he has resigned as director to avoid a potential conflict of interest.
After RPSG Group’s purchase of the Lucknow team, there were reports in the media that there was a possibility of conflict of interest as BCCI President and as a director of the company, following which Ganguly resigned as the director of the company. Ganguly feels that if he stays with this group as its president, then he may find it difficult to do fair work.
The Sanjeev Goenka-owned RPSG Group bagged the Lucknow franchise by bidding for Rs 7090 crore, while CVC Capital successfully bid for Rs 5625 crore to get the Ahmedabad franchise. Goenka has been the owner of Pune franchise Rising Pune Supergiants (RPS) for two years.