Updated below with a statement from the Rajasthan Royals Earlier: In a stunning move yesterday, the Board of Control of Cricket in India (BCCI), the body which governs Cricket in India, terminated the license of two teams that founded the Indian Premier League - the Rajashtan Royals, which had won the tournament during the first year, and the Kings Xi Punjab. The Kochi team, which won the bid for a new team earlier this year for $333 million, has been given time to sort its internal issues within 10 days, else it will be expelled, according to AIR. The IPL was expected to hold player auctions next month, and this will surely lead to a delay. And the franchises who have been expelled will probably seek legal options, which is likely to delay the IPL-4 tournament, which was set to…
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