BCCI still to release USD 6 million prize money for CL T20

Written by: Pti
Subscribe to Oneindia News

Melbourne, Jan 31 (PTI) Champions League Twenty20organisers have not paid the teams and players prize money tothe tune of USD six million and the Indian Cricket Board wasresponsible for it, a report said today.

Federation of International Cricketers'' Associationschief executive Tim May said that the Champions LeagueTwenty20 organisers had failed to honour its commitments topay prize money totalling USD six million.

"Given that the 2010 event concluded in September, we areincreasingly frustrated and disappointed that the prize moneystill has not been paid by the organisers to teams andplayers," May said.

"Despite numerous requests for clarification of when theprize money is to be paid we continue to be met with a lack ofcertainty as to the timing of payment and a general lack ofregard to the players'' concerns," May was quoted as saying by''The Australian''.

Cricket Australia, one of the three boards running theevent (besides BCCI and Cricket South Africa), said thatplayer payments were the responsibility of the Board ofControl for Cricket in India, the majority shareholder.

May, a former Australia Test off-spinner, claimed thatthe Team Participation Agreement stipulating thatparticipation fees must be paid no later than 20 days afterthe completion of the event.

"It was unacceptable that three of the most financiallyaffluent cricket boards in the world can seemingly sit ontheir hands for four months with no apparent sense ofobligation to pay this prize money in a timely manner," Maysaid.

A CA spokesmen also claimed the states and the AustralianCricketers Association had been kept fully informed of thelate payments from the Champions League.

"It relates to issues in India with the manner thetelecaster made its payment to the BCCI. It should be resolvedin the next fortnight," the spokesman said.

According to the report, Indian officials claimed thatthe telecaster had taken a portion out for tax and paid itdirectly to the government, but the BCCI is arguing that it isa tax-free sporting organisation.

A second instalment from the telecaster will be used topay the prize money, it said.

Please Wait while comments are loading...