IPG’s status quo on ‘Stallions’ and ‘Supreme’ ahead of LPL 2021

The Innovative Production Group FZE (IPG) this week said that “the termination of the arrangement with Stallion Sports Limited–the owners of the champion Jaffna Stallion outfit was solely due to persistent breach of their obligations, non-compliance with ICC regulations and non-payment of financial dues as per the commitment”.

A media release states that “these breaches were brought to the attention of Stallion Sports Limited vide multiple communications and in physical meetings since the beginning of 2021, but representatives of Stallion Sports Limited have deliberately and maliciously failed to cure the breaches as well as sought to unilaterally amend the commercial deal.”

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