TCA seeks disclosure of TG20 League financial records from HCA

Telangana Cricket Association General Secretary D Guruva Reddy has urged the Hyderabad Cricket Association to publish the audited accounts and financial records of the TG20 League, alleging non-compliance with constitutional transparency provisions and seeking disclosure of key administrative and commercial documents

Hyderabad: Telangana Cricket Association (TCA) General Secretary D Guruva Reddy has demanded the immediate disclosure of the audited accounts and all financial records pertaining to the TG20 League, in accordance with Rule 37(2) of the Supreme Court-approved Hyderabad Cricket Association (HCA) and BCCI constitutions.

In a formal representation addressed to Justice (Retd.) P Naveen Rao, Chairman of the Single Member Committee (SMC) overseeing the affairs of the HCA, copies of which were also marked to the HCA Secretary, Interim CEO, Acting President, Treasurer, Joint Secretary, members of the purported TG20 Governing Council, player representatives and other concerned officials, Guruva Reddy sought strict compliance with the constitutional mandate of transparency and accountability in cricket administration.

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He stated that Rule 37(2) explicitly requires the publication of audited financial records and key administrative documents on the official website of the association, a provision intended to ensure transparency in the functioning of cricket bodies.

Claiming that the HCA failed to answer the TCA’s questions and failed to comply with the mandatory provisions under Rules 28 and 30, thereby attracting the implementation of Rule 31, Guruva Reddy said the TCA was already pursuing the implementation of Rule 31 against the HCA for alleged non-compliance and for allegedly misleading the public through false declarations, amounting to corruption, fraud and lack of public accountability.

The TCA official has sought the immediate publication of the following documents relating to the 2026 TG20 League: audited accounts, balance sheets and financial statements of the tournament; details of franchise agreements, sponsorship contracts, commercial arrangements and revenue collections; tender notices, procurement records and particulars relating to the allocation of contracts connected with the league; resolutions passed by the HCA General Body pertaining to the election of the purported Governing Council; approvals obtained from the BCCI 45 days before launching the TG20 League, which, according to the HCA’s own statements, incurred losses of about Rs 15 crore by the midway stage of the tournament; and all resolutions passed by the Apex Council and the HCA General Body approving the TG20 Governing Council and the financial and administrative framework of the tournament.