Claims and counter claims will be up on the menu during the long-awaited formal meeting between the Bangladesh Cricket Board and the Game On Sports Management on Sunday regarding the payments issue of the Bangladesh Premier League.
The lack of professionalism from both ends were exposed blatantly when it was revealed that they are still unable to complete the accounting process required to close the dealings and the chairmen of both parties shared the blame.
Game On only provided the BCB with a bank guarantee of Tk 10 crore last week against an outstanding amount of Tk 28 crore for the second edition of the BPL.
‘The reason for this delay is because we are yet to complete the accounts work,’ Enayatur Rahman Bappy, chairman of Game On, told reporters after the meeting.
‘If we pay them without properly going through the accounts that won’t be right,’ he said.
This is the second time Game On provided a bank guarantee for this season. They had earlier also gave a similar bank guarantee, but the BCB did not cash it on good faith as it expected the company will pay the dues.
Game On, however, did not pay the money and the date of the bank guarantee also expired, leaving the BCB getting nothing.
‘We gave them the bank guarantee to earn their trust. But at the same time they [the BCB] also owe some money to us,’ said Bappy.
‘We are expected to receive a franchise payment, which the BCB promised to recover. I think they have already received Tk 25 crore from the franchises and we expect to get a share from it,’ he added.
The BCB, which earlier
said Game On must pay them Tk 19 crore, now also demanded that the different prize money of the event also should be added to this amount.
‘They owe Tk 28 crore for the second edition, which also include the prize money,’ said Afzalur Rahman Sinha, chairman of the BPL governing council.
‘We have informed them about it. They promised to give a look into our claim and then we will sit again, hopefully on Wednesday.’
-With New Age input
