facebook Twitter RSS Feed YouTube StumbleUpon

Home | Forum | Chat | Tours | Articles | Pictures | News | Tools | History | Tourism | Search

 
 


Go Back   BanglaCricket Forum > Cricket > Cricket

Cricket Join fellow Tigers fans to discuss all things Cricket

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old March 26, 2011, 03:56 AM
jashan83 jashan83 is offline
Club Cricketer
 
Join Date: January 14, 2011
Location: Thailand
Favorite Player: Tendulkar, Klusner
Posts: 171
Default NCL T20 Franchisee sold at high undervalued prices

The 6 NCL T 20 teams were sold at an average price of 65 Lakh Taka's i.e $90,000. However an evaluation done by a sports marketing company were shocked at the price offered. According to them the price these teams could have fetched BCB would have been $700,000 or 5.33 Crores. HENCE WE DEVALUED OUR FRANCHISEE BY 8 TIMES. We earned 6 but we could have earned 49. Pathetic corrupt BCB

The company took the following factors for its evaluation
1. Interest in Cricket
2. Population
3. Per capita income
4. No of teams in league
5. People below poverty line
6. Security Factors
7. Infrastructure

The base for calculation was the price fetched in IPL. Rememeber the first 8 teams fetched an average 80M$ and last 2 fetched on average 350M $.

It also did an evaluation on some other countries and found the result as follows
Country (No of Franchisee, Expected Price)
1. Sri Lanka (6 Franchisee, 4 M$)
2. Pakistan (6 Franchisee, 5.6 M$)
3. USA (8 Franchisee,2.1 M$)
4. Australia(8 Franchisee,81.8 M$)-They sold stake of 2 teams, 33% for 25 M$, hence their evaluation is quite good)
5. England(18 Franchisee, 22.1 M$)
6. Canada (5 Franchisee, 2.7 M$)

An evaluation was even calculated for Nepal and Afghanistan as cricket is really popular there
1. Nepal (8 Franchisee, 38000$)
2. Afghanistan (6 Franchisee, 8000$)

Coming back to the topic, selling our franchisee 8 times undervalue is simply pathetic. Think how much could this money have helped us. We got 3.9 Crore Taka where as we could have got 32 Crore Taka. SIMPLY PATHETIC
__________________
"Never debate an Idiot: he will drag you down to his level and then beat you with experience."
Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



All times are GMT -5. The time now is 10:28 AM.



Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
BanglaCricket.com
 

About Us | Contact Us | Privacy Policy | Partner Sites | Useful Links | Banners |

© BanglaCricket