RCB and Deccan Chargers default on salary to players

MUMBAI: Faced with liquidity crunch, the owners of Royal Challengers Bangalore and Deccan Chargers have defaulted on salary to players.

Incidentally, the two teams have been put on the block by their owners Vijay Mallya-owned UB Group and Reddy family owned Deccan Chronicle Holdings, which publishes Deccan Chronicle.

According to reports, South African players like Dale Steyn, JP Duminy and Juan Theron are yet to get full fees and only received part payment. All the three players belong to Deccan Chargers.

RCB?s foreign players like captain Daniel Vettori, AB de Villiers and all-rounder Andrew McDonald are believed to have not been paid, along with some members of the support staff.

The domestic Indian players of both Deccan Chargers and Royal Challengers Bangalore are also bearing the brunt.

"Nobody has come back to us, to let us know what is going on. The people, at the moment, are in the dark," a player had been quoted as saying.

According to the agreement signed between the player, the franchise and the IPL, the player receives 15 per cent of his fee for the season by 1 April (before the IPL or early into it), 50 per cent by 1 May (during the IPL or towards its end), 20 per cent after the Champions League T20 and the remaining 15 per cent by 1 December.