Non-payment of players fees a new concern for IPL
Even as the IPL starts off with a bang, it is dogged with complaints from many players that they have not received the initial Indian Premier League fees.
Reports said that two Australian players have not received payment after the first IPL auction held in February. Considering complaints from different corners, the Federation of International Cricketers’ Associations chief executive Tim May has begun an enquiry into the complaints. May has reportedly said that players, who haven’t received the payments could walk away from their contracts, if the problem is widespread.
A major concern for the Federation of International Cricketers’ Associations is the absence of crucial documents and financial transfer associated with the contract. High competitions for the players had created a situation had led to mar transparency of the incidence in the sector. “There is a worry that some players have not been paid nor received their signed copies of contracts,” May has been quoted as saying. The association has not yet fully documented about the depth of the problem. They have only received a limited number of complaints till now.
David Hussey, who sold for US$625,000 in February, is one of the Australians who have not received the 15% payment of the auction price. He was expected to get the price before April 1, 2008. “It’s been an absolute nightmare in terms of the paperwork required to get the players there,” Hussey’s manager Rick Olarenshaw said. It is said that payment is delayed due to enormous paperwork associated with contract.