Bangladesh Cricket Board settles for short-term Virgo deal

The Bangladesh Cricket Board, the sport’s governing body in the country, has sold its worldwide media rights for the country’s national team series against West Indies to satellite-television broadcaster Virgo Media, which operates Bangladeshi pay-television channel Channel 9.

Mustafa Kamal, the outgoing president of the governing body, said that Channel 9 would also be responsible for the television production of the series.

“The board will be paid $50,000 (€39,000) for the sale of the rights. We received a few other offers but this seemed like the most profitable deal,” Kamal said, as reported by the ESPNCricinfo website.

The Bangladesh v West Indies series, comprising two Test matches, five One-Day Internationals and a Twenty20 international, will start next month.

The board struck the deal with Virgo after being unsatisfied with the response to a tender for its global rights, covering three-and-a-half years, from November 1, 2012 to April 30, 2016.

The report added that a short-term deal had been agreed after Virgo refused to increase its fee for the long-term deal from $6 million. The board had been asking for $15 million for the 2012 to 2016 period.

The board, which has not had a worldwide broadcast partner since its deal with the Nimbus Communications agency concluded in March, plans to launch a new tender without the Bangladesh v West Indies series. The board will revise the terms of the original tender, which included the requirement of a $2.5 million bank guarantee from the winning bidder.