"We discussed the IPL accounts. After that there was a (BCCI) finance committee meeting," said Cricket Board secretary N Srinivasan to reporters here.
According to BCCI sources the Board has suffered a deficit of Rs 39 crore for 2009-10 season after deducting an amount of Rs 202 crore distributed to 25 state associations and each association was likely to get at least Rs 6 crore.
"The expenses had mounted due to IPL (II) being held in South Africa. A total amount of Rs 83 crore was spent," they said.
IPL vice chairman Niranjan Shah also confirmed that nothing else was discussed barring the accounts at today's meeting while adding another meeting of the Council is to be held in the first week of September.
"Nothing else other than IPL accounts was discussed (at the GC) meeting. There would be another meeting in the first week of September," Shah said.
Shah also said no proposal was tabled at the meeting about the number of matches in IPL IV.
In the run-up to today's meeting top IPL sources had said that the full compliment of 94 matches, going by the existing format, was not possible to be held and a figure of 73 or 74 matches was being planned.
While eight teams were in the fray in the first three editions, the highly popular IPL will feature 10 teams from the next edition after addition of Sahara Pune Warriors and Kochi franchise.
The sources had said the organisers may go for a shorter edition in terms of the number of matches. "Playing 94 matches is not possible especially in the months of April-May-June when IPL-IV is to be held. May be we will go for 73-74 matches in all," they said.
"A three-member committee has been formed (former cricketers Mansur Ali Khan Pataudi, Sunil Gavaskar and Ravi Shastri) and they will give their opinion. There are 3-4 different opinions. We will finalise it during the meeting," the sources had said. Pataudi was absent at today's meeting as he is indisposed.