Desk Report
Publish: 06 Oct 2024, 03:43 pm
Photo: Collected
Franchise owners have demanded a share of the revenue, and BCB President Faruk Ahmed has been positive about the issue. He sought financial accounts from the marketing and accounts departments regarding the income and expenses of the BPL. However, upon reviewing the data, the board president discovered that there was no income from the BPL for the BCB. Despite revenues from TV rights, ground rights, ticket sales, franchise fees, and stadium stall rentals, the organization has yet to see profits.
Yesterday, Faruk Ahmed informed the franchise owners that they would not be able to share revenue this time either.
Although the BPL has held ten seasons, it has not achieved commercial success. The TV rights have been sold at low prices for personal profit. In previous years, significant expenses were reported under the guise of production costs. If the BPL had been managed by a professional organization, it could have been financially beneficial, allowing revenue sharing with the franchises. The biggest problem remains that they cannot collect the full amount from selling the TV rights.
Ismail Haider Malik, a former member secretary of the BPL Governing Council, mentioned that they did not take bank guarantees from anyone for TV rights, ground rights, or franchises. As a result, teams like Chattogram Challengers, Khulna Tigers, and Dhaka Dominators managed to evade paying players' fees. The BCB is unable to take any legal action against them. The upcoming BPL will feature seven franchises.
The champion Fortune Barishal will maintain its previous ownership for the Rangpur Riders and Sylhet Strikers, while ownership has changed for Chattogram Challengers, Dhaka Capitals (proposed), and Khulna Tigers. Rajshahi has been brought in as a new franchise due to the absence of Comilla Victorians.
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