Bangladesh Cricket Board (BCB) is not ready for revenue sharing at the moment in the Bangladesh Premier League (BPL) T-20, the franchise-based cricket tournament, Chief Executive Officer (CEO) of the board, Nizamuddin Chowdhury said on Wednesday.
The CEO made the statement after defending champions Comilla Victorians owner Nafisa Kamal told media that her team will not continue in BPL unless revenue is shared.
“The revenue sharing is on the basis of different models. They are using it as references. From the beginning, the CEO said that they want to conduct revenue sharing under their circumstances for a sustainable BPL. “It’s not only for the cricket board, but also for the franchises,” Nizamuddin said.
“The references that they are talking about in those competitions the franchise fees are very high and their financial structure is very high. We are not going into that model and it won’t be sustainable in terms of franchise fees and other things and financial factors that contribute to this decision,” he added.
“Our model is not compatible with other franchise tournaments and we do the BPL as per our model and market and we stick to the previous stand that is we are not going for revenue sharing and we cannot think of it under the present state to sustain and continue in this BPL,” the CEO opined.