By BBC Sport's Joe Wilson
Modi is suspended from all cricket involvement in India
Lalit Modi is not in hiding but will not consider returning to India to answer charges of corruption in the Indian Premier League which he founded.
He made a rare public appearance at the International Sports Event Management Conference in London to discuss the future of Indian sport.
Modi said by 2016 the IPL will be the world's most watched sporting league.
He also said he would love to be part of an Indian Olympic bid and the Games will come to India in his lifetime.
But the future of the former head of the IPL is clouded with considerable doubt.
In September the 46-year-old was suspended from all involvement in Indian cricket.
He was replaced as IPL chief, stripped of his position as vice-president of the Board of Control for Cricket in India (BCCI) and also lost his job as chairman of the Champions League Twenty20, a club tournament organised jointly by India, Australia and South Africa.
Modi also faces accusations of tax evasion and money laundering but denies all allegations of wrongdoing.
Before and after his appearance on stage in London, Modi was accompanied by bodyguards, and there are fears that he would require armed security should he return to India.
At present he has no intention of attending a hearing there and the Indian authorities have demonstrated no willingness to travel to London to speak to him, despite Modi's apparent readiness to pay for them to do so.
Privately, Modi remains determined to stay involved in cricket and predicts that the United States is the market cricket 'must get into'.
It is understood he has turned down several approaches to become involved in other sports in recent months.