Giving this overview, top BCCI sources said all legal options are being explored but the cricket's apex body does not want to face legal problems later in case of axing of the two teams because of the clear order of Lodha Committee.
The committee, while suspending Gurunath Meiyappan and Raj Kundra for life for betting, handed down a two-year suspension on CSK and RR for the action of their team owners, who indulged in betting and bringing the game to disrepute.
BCCI sources said that a similar decision in the case of another IPL team Kochi Tuskers Kerala a few years ago, at the insistence of Manohar, had backfired with an arbitration award favouring a payout of Rs 550 crore for the disbanded Kerala franchise on grounds of wrongful termination.
It is another issue that the BCCI is likely to challenge the arbitration award.
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The sources said that BCCI does not want to face another situation like the Kochi issue and want to tread cautiously.
"Although we are appealing against the verdict but many still believe termination of Kochi was a decision taken in haste. Now the same man (Manohar) wants CSK to be terminated as soon as possible. Will BCCI care about cricket or just fight legal battles in court. What is the guarantee that CSK won't go the Kochi way," the official further added.