BCB takes ownership rights of Chattogram Royals for remainder of BPL

The Bangladesh Cricket Board took over the ownership rights of Chattogram Royals for the remainder of the Bangladesh Premier League season. BCB vice-chairman Shakhawat Hossain, a member of BPL Governing Council, confirmed the development to Cricbuzz on Thursday.

Royals owner Kayum Rashed submitted a written request to the BCB, citing difficulties in continuing to run the team under the current circumstances and asked the board to take over the operations.

"We have taken over the ownership right of the team, and now the board will run the team," Shakhawat told Cricbuzz. "We will sit with the players and discuss the next steps."

According to the letter submitted to the board, and seen by Cricbuzz, Royals failed to attract sponsors.

"Since the acquisition of the franchise, there have been persistent and widespread speculations in various media outlets regarding the team's uncertainty in participating in the tournament, as well as repeated questions surrounding the franchise's financial and operational credibility. These rumours included, but were not limited to, allegations that franchise fees, bank guarantees, and players' payments had not been made-despite the fact that such payments were not contractually required at those early stages," it was stated in the letter.

"Unfortunately, no formal clarification or reassurance was issued to the media to counter these claims. As a direct consequence, the rumors gained traction across multiple platforms, severely impacting the reputation of Chattogram Royals. Several potential and confirmed sponsors, questioning the franchise's credibility and the certainty of its participation in the tournament, withdrew from their partnerships.

"The withdrawal of sponsorship support has resulted in significant financial challenges, directly hampering the team's preparation and jeopardizing its future prospects within the tournament. This situation arose not from any failure on our part to comply with contractual obligations, but rather from unchecked misinformation and the absence of authoritative clarification.

"In light of the above circumstances, and considering the substantial reputational and financial damage already sustained, I respectfully request the Bangladesh Cricket Board to take over from this point forward and assume the necessary responsibilities throughout the remainder of the tournament. This includes providing clear, timely communication to stakeholders and ensuring the integrity, stability, and smooth operation of the franchise within the BPL framework.

"I trust the Board will appreciate the seriousness of this matter and act in the best interests of the league, the franchise, and all associated stakeholders. Thank you for your time and consideration. I look forward to your guidance and support."

Another BCB official said that their connection with dubious characters from the start of forming the team hit them hard in the long run considering the activities of those characters in their team jeopardized their reputation in the sponsorship market.

It is learnt, BCB appointed former national captain Habibul Bashar as mentor while Mizanur Rahman Babul and Nafis Iqbal will act as team manager of the Chattogram Royals.

Bashar was initially appointed as mentor of the team but left the position citing family issues though many feel he was uncomfortable seeing dubious characters in and around the franchise set-up, and as a result took up the decision. The move to change the set-up was aimed at stabilizing the franchise and ensuring the smooth running of the team for the rest of the tournament.

Many cricketers of the Royals decided to leave the team hotel on Wednesday (December 25) as they failed to receive money from the franchise till last night. The BPL is all set to commence at Sylhet on December 26 and it started with the expected move made by Royals owner. He insisted that he will pull out from the competition if things don't turn his way.