All's well in IPL: Modi

It is all hunky dory in the Indian Premier League (IPL). So says Lalit Modi, the IPL chairman rubbishing media reports about pullout of sponsors from the Twenty20 league.
"I want to make it clear that no sponsor has pulled out. All are on board. And many are in the queue," Modi told mediapersons on Friday.

"Many parties have expressed interest to join us. In fact, they are willing to pay more than the existing sponsors," the IPL chairman said.

Modi said the IPL is in business discussion with all its sponsors but he would not reveal issues of discussion. He clarified that IPL's deal with DLF is very much intact and denied that the sponsor has paid only 50 per cent of its dues.

Modi, however, said that the resignation of Kunal Dasgupta as the CEO of the Sony Corporation, is an internal matter of the company. "It's an internal matter of Sony Corporation. He (Kunal Dasgupta) is a personal friend. He was deeply involved in developing the IPL concept. But the organisation, whether it is Sony or IPL, is bigger than any individual. There's no question of Sony pulling out," said Modi.

He also expressed confidence of bringing Big TV, which withdrew its Rs 137 cr deal with IPL.