Rhiti Sports, the management group run by Arun Pandey, a close friend of Mahendra Singh Dhoni, on Monday denied the India skipper had any stake in the company(alleged to hold 15%stake in the company)
Arun Pandey, a club cricketer from Uttar Pradesh, claimed that Dhoni was briefly connected with Rhiti Sports which represents players from the Indian team including the captain. There were suggestions that Dhoni’s association amounted to conflict of interest — Rhiti also manages Suresh Raina, Ravindra Jadeja, and Pragyan Ojha, and the captain plays an important part in the selection of the team.
Arun Pandey said, “We, at Rhiti Sports Management, are greatly aggrieved at the widespread media reports regarding an alleged conflict of interest of Dhoni. Though not obliged to, but in order to put at rest these widespread speculations, we are issuing the following statement.
“As on date, MS [Dhoni] holds no
shareholding in Rhiti Sports Management. However, it is made clear that
shareholding was allotted to MSD [on] 22 March, 2013 only [for Dhoni] to
secure certain old outstandings (sic) [from the company] which were due
for more than one year. The payments were cleared in April 2013 and the
shareholding was transferred back to promoter of the company on 26
April, 2013.”
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