Former chairman Lalit Modi was cleared in the principal proceedings arising from the 2009 Indian Premier League's staging in South Africa after the Appellate Tribunal under SAFEMA set aside the penalties imposed on him, rejecting the Enforcement Directorate's core case that the foreign remittances were capital account transactions.Announcing the verdict after more than 16 years of investigations, proceedings, and litigation, Modi said the tribunal found that the main remittances related to IPL 2009 were current account transactions. It also determined that he was not responsible for the BCCI's statutory FEMA compliance or given the financial authority as alleged by the Enforcement Directorate. Calling it the end of the largest legal dispute stemming from the 2009 South Africa edition of the IPL, Modi said, "This marks the end of what has been the single most significant legal matter arising from the 2009 South Africa IPL." He added, "For over sixteen year...
Jose Mourinho threw his future as Roma manager into further doubt on Wednesday, saying he was "too tired" after the bitter pain of losing his first major European final to Sevilla. The Spanish team triumphed 4-1 on penalties after the game in Budapest finished 1-1, with Paulo Dybala 's opener cancelled out by an own goal from Roma defender Gianluca Mancini. Such a defeat is a new experience for Mourinho, 60, who had won all five of his previous major European finals, including last year's inaugural UEFA Conference League final with the Italian side. Mourinho's disappointment was visible from the fact that he threw away his runners-up medal into the crowd. @El_Futbolesque pic.twitter.com/3pdVSfCDgA — @El_Futbolesque (@Elfutbolesque2) May 31, 2023 "I'm too tired to do the job as a trainer, as a spokesman of the club, to fight every time," he said in the immediate aftermath of the defeat. Mourinho told reporters that questions over his future we...