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Cricket Join fellow Tigers fans to discuss all things Cricket
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March 26, 2011, 03:56 AM
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Club Cricketer
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Join Date: January 14, 2011
Location: Thailand
Favorite Player: Tendulkar, Klusner
Posts: 171
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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
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March 26, 2011, 04:01 AM
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Administrator
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Join Date: January 22, 2004
Posts: 22,100
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Which company? Do you have the pointer to the original report?
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March 26, 2011, 04:02 AM
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2018 BPL Fantasy Winner
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Join Date: October 30, 2010
Favorite Player: Mash
Posts: 22,930
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why dont u scream for source?
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kumbaya
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March 26, 2011, 04:03 AM
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Club Cricketer
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Join Date: January 14, 2011
Location: Thailand
Favorite Player: Tendulkar, Klusner
Posts: 171
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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.
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"Never debate an Idiot: he will drag you down to his level and then beat you with experience."
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March 26, 2011, 04:05 AM
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Administrator
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Join Date: January 22, 2004
Posts: 22,100
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Quote:
Originally Posted by Night_wolf
why dont u scream for source?
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SOURCE please!!
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March 26, 2011, 04:05 AM
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Cricket Legend
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Join Date: June 17, 2007
Location: UK
Favorite Player: Sakib,KP,Steyn
Posts: 4,073
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I think BCB sold franchises for only one year. Am I right?
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March 26, 2011, 04:06 AM
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BanglaCricket Staff
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Join Date: April 15, 2007
Location: Manchester,UK
Favorite Player: bhujee kom
Posts: 22,656
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Is this recent or last years
Posted via BC Mobile Edition (iPhone)
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March 26, 2011, 04:08 AM
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2018 BPL Fantasy Winner
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Join Date: October 30, 2010
Favorite Player: Mash
Posts: 22,930
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Quote:
Originally Posted by Zunaid
SOURCE please!!
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thats more like it!
anyway on topic if this is true then WTF!
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kumbaya
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March 26, 2011, 09:11 AM
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Cricket Legend
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Join Date: September 20, 2002
Posts: 3,808
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The source materials better show up asap...because right now these are just unsubstantiated allegations.
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March 26, 2011, 12:05 PM
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ODI Cricketer
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Join Date: May 22, 2007
Location: Dhaka
Favorite Player: many ..
Posts: 531
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it doesn't matter our domestic cricket is not standard like other test playing countries
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GO TIGERS!!!!! \m/
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March 26, 2011, 12:22 PM
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Cricket Legend
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Join Date: September 20, 2002
Posts: 3,808
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Still waiting for the source materials. I want to see how exactly they arrived at their calculations.
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March 26, 2011, 12:25 PM
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Banned
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Join Date: January 7, 2008
Location: New York
Posts: 2,970
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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)
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March 26, 2011, 01:01 PM
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Cricket Legend
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Join Date: June 17, 2007
Location: UK
Favorite Player: Sakib,KP,Steyn
Posts: 4,073
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Jashan thinks a lot. Here is his blog(most probably)-
http://jashan-celebrating-life.blogspot.com
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March 26, 2011, 01:18 PM
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Club Cricketer
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Join Date: January 14, 2011
Location: Thailand
Favorite Player: Tendulkar, Klusner
Posts: 171
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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
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