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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka Cricket defends TV deal...

Sri Lanka Cricket defends TV deal...

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1Sri Lanka Cricket defends TV deal... Empty Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 3:25 am

Rizmi

Rizmi
Manager - Equity Analytics
Manager - Equity Analytics
The president of Sri Lanka Cricket (SLC) has denied accusations of misconduct in granting local cricket broadcasting rights to a media group established by the country's president's sons for Sri Lanka Rupees (SLR) 125 million (approximately $1 million) for three years.
The SLC has been accused of favouring the newly established channel at the expense of state broadcasters and other private competitors.

But SLC President Upali Dharmadasa told BBC Sinhala service that the Carlton Sports Network (CSN) was offered the contract following a proper tender procedure. Dharmadasa added that they had been the sole bidder after the contract was advertised through local media and the SLC website.

"Nothing illegal or unlawful has taken place," he said.

Mr Dharmadasa added that though the CSN initially offered a relatively low price, it was increased after negotiations with the two parties.

"Do you want us not to grant the rights at all when only one company offers bids?," he asked.

"Then what about the fans?"

But former Sri Lanka captain Arjuna Ranatunga, who also previously held the post of SLC president, told BBC Sinhala that it is unprecedented in Sri Lanka's history of cricket that TV rights were granted for three consecutive years.

"It has been the practise that the rights were granted on a series-by-series basis not for very long periods," he said.

"At least the SLC should have advertised the amount of matches played in these three years and called for bids accordingly," added Ranatunga, who is currently an opposition MP.

Apart from a few years, it was state owned Sri Lanka Rupavahini Corporation (SLRC) that held the rights to broadcast cricket within Sri Lanka since the island won the World Cup in 1996.

Continue reading the main story

Are we supposed to reject a company because it is an organisation owned by the president's sons?


Upali Dharmadasa
In 2011, the SLRC earned more than SLR 556 million (apprx $4.3 million) during the WC, having paid the cricket board SLR 143 million ($1.1 million).

SLRC chairman Mohan Samaranayake told the BBC that the state-owned broadcaster missed the advertisement placed by the SLC calling for bids to offer television rights for the next three years.

"Yes we will certainly lose a considerable income but I wouldn't say we will end up in debt as a result," he said.

"We will look into how our marketing and sports departments missed the newspaper advertisement and of course will continue bid for sports rights in future events," Samaranayake added.

Unlike the SLRC which has an island wide coverage, fans told the BBC that the CSN signals are still not clear in many parts of the country. However the SLC denies getting any such complaints.

The SLC president admitted that the CSN, registered little more than a year ago, is owned by the sons of President Mahinda Rajapaksa but rejected any suggestion that political influence had been a factor in the decision.

"Are we supposed to reject a company because it is an organisation owned by the president's sons," Dharmadasa asked.
The former head of Transparency International Sri Lanka, Krishantha Weliamuna, meanwhile, told BBC Sinhala that the state could have earned at least 3000 million SLR for broadcasting the international cricket matches played in Sri Lanka during the next three years.
"In my opinion, 125 million SLR could be earned in one tournament," said Mr Weliamuna who is also a senior lawyer.

But Mr Dharmadasa disagrees.
"I would kindly ask you to check the FTP and how many international teams are to visit Sri Lanka during the next three years," he said.
"In fact, I think we have only got one tour in 2013."

The head of SLC also denied the allegation by Mr Weliamuna that Nishantha Ranatunga's dual role as the Secretary of the SLC and the CEO of the CSN channel amounts to serious conflict of interest.

"How can it be a conflict of interest as it was the sports minister himself who allowed Nishantha Ranatunga to contest for while he was an official at the CSN?," he questioned.

http://www.bbc.co.uk/sport/0/cricket/18456920

2Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 10:53 am

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Rizmi wrote:
SLRC chairman Mohan Samaranayake told the BBC that the state-owned broadcaster missed the advertisement placed by the SLC calling for bids to offer television rights for the next three years.

"Yes we will certainly lose a considerable income but I wouldn't say we will end up in debt as a result," he said.

"We will look into how our marketing and sports departments missed the newspaper advertisement and of course will continue bid for sports rights in future events," Samaranayake added.
Perhaps SLRC is not a "sillara kade" to miss such an advertisement placed by SLC. The reason submitted by SLRC chairman cannot be acceptable at all.

3Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 11:28 am

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics
The advertisement was in the employment section. Only the person who put the advertisement (Ranatunga) can see it. Even it was seen neither SLRC or any other SL firm except Sirasa sport channel can't get the deal. Acc. Cabinet decision only sport network can bid. I saw some fashion modeling , cooking activities in CSN. They can't say they are a sport channel.

4Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 11:36 am

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@sapumal wrote:The advertisement was in the employment section. Only the person who put the advertisement (Ranatunga) can see it. Even it was seen neither SLRC or any other SL firm except Sirasa sport channel can't get the deal. Acc. Cabinet decision only sport network can bid. I saw some fashion modeling , cooking activities in CSN. They can't say they are a sport channel.
As far as I know, the act has been changed only local sports channels or government channels can bid.

Only local channel we have is CSN. Other private channels cannot bid based the on the latest act. Question is, why SLRC and ITN didn't bid? It's crystal clear, act has been fabricated to get the deal using supreme power.

Finally both SLRC and SLC are going to loose millions of rupees.

5Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 11:42 am

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
නඩුත් හාමුදුරුවන්ගෙ බඩුත් හාමුදුරුවන්ගෙ Smile

6Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 12:47 pm

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I am very pessimistic about Sri Lanka. Only difference is there's no terrorism. Only future comparison I can make is with Bangladesh level. Not Malaysia or Thailand.

7Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 1:27 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@aj wrote:I am very pessimistic about Sri Lanka. Only difference is there's no terrorism. Only future comparison I can make is with Bangladesh level. Not Malaysia or Thailand.

No terrorism?
Joke my friend?
Read this link
http://newsfirst.lk/english-news/?view=news_more&id=13253

8Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Mon Jun 18, 2012 1:48 pm

Rizmi

Rizmi
Manager - Equity Analytics
Manager - Equity Analytics
@UKboy wrote:නඩුත් හාමුදුරුවන්ගෙ බඩුත් හාමුදුරුවන්ගෙ Smile

well said..

Its pathetic to read that,

""The head of SLC also denied the allegation by Mr Weliamuna that Nishantha Ranatunga's dual role as the Secretary of the SLC and the CEO of the CSN channel amounts to serious conflict of interest.
"How can it be a conflict of interest as it was the sports minister himself who allowed Nishantha Ranatunga to contest for while he was an official at the CSN?," he questioned.""

Does these guys know the definition of CORPORATE GOVERNANCE ???


9Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Tue Jun 19, 2012 3:18 am

Rizmi

Rizmi
Manager - Equity Analytics
Manager - Equity Analytics
MTV to challenge Sri Lanka Cricket’s deal with CSN..

MTV Channels Ltd., is exploring options to legally challenge the Sri Lanka Cricket’s decision to grant television rights for three years to politically-connected Carlton Sports Network (CSN).

MTV has in writing requested for a cancellation alleging that due process was not followed and the selection was flawed and unreasonable.
Claiming that SLC maintains a transparent policy SLC Chief Executive Officer Ajith Jayasekera had stated that Expression of Interest to award television rights were first advertised in February 2012 though MTV didn’t respond.

However, MTV had said that the advertisement carried the misleading headline “sponsorship opportunities” and the process was a complete departure from past best practices adding that SLC Secretary Nishantha Ranatunga is also the CEO of CSN tantamount to serious conflict of interest.

Among charges made by MTV is that the advertisements were ambiguous and did not communicate clearly the nature or importance of the rights on offer thereby misinforming potential bidders. Furthermore MTV has said that the established process for calling bids through direct correspondence with eligible media organizations (only two as per the criteria set by the Government) wasn’t followed.

http://www.ft.lk/2012/06/19/mtv-to-challenge-sri-lanka-crickets-deal-with-csn/

10Sri Lanka Cricket defends TV deal... Empty Re: Sri Lanka Cricket defends TV deal... Tue Jun 19, 2012 8:30 am

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
There is a saying in Sinhala " ලැජ්ජා නැති කම මහා මුදලි කමටත් වඩා ලොකුඉ ලු කියලා " !
Shameless may say anything to defend them and to cover up !

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