BCB takes ownership rights of Chattogram Royals

The Bangladesh Cricket Board (BCB) took over the ownership rights of Chattogram Royals for the remainder of the Bangladesh Premier League season. BCB vice-chairman Shakhawat Hossain, a member of BPL Governing Council, confirmed the development to Cricbuzz on Thursday.
Royals owner Kayum Rashed submitted a written request to the BCB,
citing difficulties in continuing to run the team under the current circumstances and asked the board to take over the operations.
"We have taken over the ownership right of the team, and now the board will run the team," Shakhawat told Cricbuzz.
"We will sit with the players and discuss the next steps."
According to the letter submitted to
the board, and seen by Cricbuzz, Royals failed to attract sponsors.
"Since the acquisition of the franchise, there have been persistent and
widespread speculations in various media outlets regarding the
team's uncertainty in participating in the tournament, as well as repeated questions surrounding the franchise's financial and operational credibility.