"It happens in every sport. We would not have been sitting here if we would not have been excited about the IPL, committed to the IPL. The brand IPL has been growing in value. It is unfortunate that there are such scams from time to time. But I think the core of IPL is sound," Mallya said at the sidelines of the Indian Premier League players' auction.
BCCI chief N Srinivasan's son-in-law Gurunath Meiyappan, the former team principal of the Chennai Super Kings, was indicted for betting by former Punjab and Haryana Chief Justice Mukul Mudgal committee, which was appointed by the Supreme Court to probe the IPL betting and spot-fixing scam.

The names of six prominent "Indian capped" players' also cropped up in the report filed by the committee.
Stating that there is no evidence against those six players, whose names have been levelled in fixing controversy, Mallya said, "It is a bunch of speculation. What I do know is that the Supreme Court has specifically permitted this auction to go ahead. Therefore, I don't think there should be any concern."
Kings XI Punjab owner Preity Zinta said the controversy did not worry her and she expected the truth to come out.
On buying Yuvraj Singh for a whopping Rs 14 crore, Mallya said he was "very happy" to have the flamboyant all-rounder in his team but admitted that it was unfortunate to spend Rs four crore extra on him.
Royal Challengers Bangalore had almost bought Yuvraj for Rs 10 crore when Kolkata Knight Riders joined in the bidding, and eventually the left-handed batsman was sold for Rs 14 crore to the team owned by Mallya.


Latest News from Sports News Desk