All seven franchises suffer financial loss in BPL-4
The fourth season of the Bangladesh Premier League (BPL) came to an end on December 9 with Dhaka Dynamites being crowned the champions. The tournament is regarded as a money-spinning one by many, but the real scenerio seems to be much different.
According to a report published on the national daily The New Age, all seven participating franchises of the latest BPL claimed to have suffered a financial loss. To make matters worse, they also feared that there wasn’t any chance of making profit from the T20 venture in near future as well.
“There is no chance of it becoming a viable project. We came here out of love for the game. Business-wise it is certainly not profitable,” said Chittagong Kings owner Abdul Wahed.
Blaming the Bangladesh Cricket Board (BCB) for failing to provide them any business module in last two years, the Chittagong Vikings owner went on saying, “I am involved with BPL for the last two years. During this period the Bangladesh Cricket Board did not sit with us once to show a financial roadmap.”
However, Dhaka Dynamites chief executive Obeid Nizam was of other opinion as he didn’t see BPL as something to garner instant profit, rather he believed patience is the key here to have the last laugh, specially where money is involved.
“You have to have patience. We did not come here to make it a viable project rather we came here to make it more interesting because it is very good for our CSR [corporate social responsibility],” said Obeid.
Comilla Victorians owner AHM Mustafa Kamal said that he
does not see how any franchise can make profit through BPL.
“If anyone wants to make profit he should opt for developing a power plant. As far as BPL is concerned you have to sell your franchise and do something else if you want to profit from it,” he said.
– Jannatul Naym Pieal, Correspondent, bdcrictime.com