NCL T20 Franchisee sold at high undervalued prices

[jashan83]

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

[Zunaid]

Which company? Do you have the pointer to the original report?

[Night_wolf]

why dont u scream for source?

[jashan83]

I am actually looking for the pointer. Let me search it and I will put it here. I had copied the article and saved it.

[Zunaid]

Originally Posted by Night_wolf
why dont u scream for source?

SOURCE please!!

[_Rafi_]

I think BCB sold franchises for only one year. Am I right?

[MohammedC]

Is this recent or last years

Posted via BC Mobile Edition (iPhone)

[Night_wolf]

Originally Posted by Zunaid
SOURCE please!!

thats more like it!

anyway on topic if this is true then WTF!

[Shubho]

The source materials better show up asap...because right now these are just unsubstantiated allegations.

[max410]

it doesn't matter our domestic cricket is not standard like other test playing countries

[Shubho]

Still waiting for the source materials. I want to see how exactly they arrived at their calculations.

[amar11432]

The franchises wasn't sold, more like rented out for just one year. Plus need source because this only seems alarmist

Posted via BC Mobile Edition (Android)

[_Rafi_]

Jashan thinks a lot. Here is his blog(most probably)-
http://jashan-celebrating-life.blogspot.com

[jashan83]

That is not my blog. I had downloaded this report. Trying hard to find it. I cannot think so many numbers. Am not that brainy. Btw this guy writes so long blogs and all crap