Monday, June 1, 2009

Malaysian Cricket in trouble

Malaysian Cricket Association (MCA) are facing the possibility of being evicted from their ground and home - the Kinrara Oval. The national body is said to have accumulated arrears of up to Rm500,000 in quit rent payments. With no funds coming in, MCA have to take some desperate steps to avoid being made "homeless".
According to sources, MCA owes Island and Peninsular Berhad more than half a million ringgit in accumulated quit rent payment. For the period January 2006 to December 2007, the amount owed was Rm231,963. And, if the amount for 2008 and 2009 are added, it would exceed Rm500,000.
The lease expires on 31 October 2018, but Island and Peninsular Berhad - which will be merged to be PNB Properties soon - have received offers from various parties to take over the premises. Among them are the Malay Cricket Association, which has managed its "home" the Bayumas Oval quite well.
The Kinrara Oval was constructed by Island and Peninsular at a cost of Rm3.6 million, of which, MCA had to pay only Rm1.8 million by way of monthly payments of Rm13,000. As of December 2008, MCA had paid up Rm300,000. The outstanding balance is Rm1.5 million.
What are options left for MCA? Firstly, the national body can appeal to Island and Peninsular Berhad to give it some time to find the funds. Secondly, MCA could allow the Malay Cricket to take over and then rent it to the national body.
Finally, maybe MCA could appeal to the government for some help. Personalities like Dato' Seri Dr. Ibrahim Saad can assist because he is very close to the national leadership.
What about Olympic Council of Malaysia (OCM)? Can they help MCA? Anyway, the cricket fraternity is looking to MCA President, Tunku Tan Sri Imran Almarhum Tuanku Ja'afar to steer the sport away from this difficult situation.

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