The Bangladesh Cricket Board has the time for Game On Sports Management, the event management company entrusted with the responsibility of running the Bangladesh Premier League, to clear the payments of the tournament’s second edition after the company failed to meet the March 28 deadline, a BCB official said on Wednesday. The BCB is expected to receive Tk 40 crore for the second edition of the cash-rich franchise-based competition featuring seven teams but hardly any money could be recovered apart from the Bank guarantee that expired on Wednesday.
‘We have extended their (Game On Sports Management) time for one month as the Bank agreed to extend their security guarantee until April 30,’ Afzalur Rahman Sinha, chairman of the BPL governing council, told reporters on Wednesday.
‘The major shareholder of the firm, Enayetur Rahman, is expected to reach Dhaka today (Wednesday) from Singapore and meet us tomorrow (Thursday),’ said Afzalur, also a member of the BCB’s ad-hoc committee.
He added that the delay of the payment for this edition is because Game On is still claiming some money from the BCB from the first edition.
‘We will try to sort out these claims in tomorrow’s (Thursday) meeting with Game On,’ said Afzalur.
Meanwhile, the BPL governing council is also having a tough time recovering the money of the players and sent notices to the franchises to contact the players immediately as they failed to clear fifty percent payment by March 4.
‘We will take serious action against the defaulting franchises soon if they don’t comply with our order,’ said Ismail Haider Mallick, BPL governing council secretary.
‘We have sent them letters as they failed to pay the money by March 4,’ said Mallick.
-With New Age input
