IPL fever set to grip fans
MUMBAI: The adventure of VIVO Indian Premier League season 10 is finally going to start today.
MUMBAI: The officials of Royal Challengers Bangalore were Thursday summoned by the IPL Governing Council to explain when the franchise intends to pay the first installment of players salary and also asked the franchise to get a No Objection Certificate from players on the revised payment schedule.
"The IPL governing council today summoned the RCB officials to the governing council meeting to discuss on the players? payment issue. After discussions, the BCCI has asked RCB to get ?No Objection Certificate? from the cricketers on the revised payment schedule. The franchise has promised that they would produce the NOC in some time," a senior governing council member told newswire PTI.
None of the RCB players except Chris Gayle have received the first installment of their salary despite repeated reminders the players haven?t got any response from the franchise owners.
As per the tripartite contract signed between franchise, player and the BCCI, the players are due 15 per cent of their fee for the season by 1 April, 50 per cent by 1 May, 20 per cent after the Champions League T20 and 15 per cent by 1 December.
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.
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