Exodus president says comp must pay

Normal, Sports

The National, Thursday October 24th, 2013


THE Papua New Guinea Men’s Basketball League champions Exodus are owed K46,000 in total for winning the premiership.

Exodus president James Banduru claimed that this was the amount that they were entitled to as K25,000 was for the premiership, K15,000 for tour expenses and a precentage of the season’s gate takings (K2,000) plus 10 per cent interest.

Banduru said that men’s premier team would travel to Cairns and to Mackay for the Far North Queensland All Stars game during the Australia Day celebrations.

 Banduru said he had already informed PMBL commissioner Larry Miro Jr on October 7 what his club would be doing. 

He said he had on several occassions since the last finals match he had itemised the breakdown of prize money and entitlements owed to his club.

“PMBL owes an amount that equates to more than K46,000. The prize money plus the money for the trip plus the gate takings is K42,000. Add 10% of the total and you’ve got K46,200.”

Banduru said he would ensure that the PMBL accounts were independently audited.

He said his club being unfairly treated because PMBL had organised a Fiji Trip for last season’s champions Tamaraws without delay. He added that his club had yet to receive the K5,000 runners-up prize for last season.