Tickets on sale from Nov 10
The Bangladesh Football Federation is set to issue BFF National Lottery 2014 across the country from November 10 in a bid to raise money, an official of the federation said yesterday.
The football's governing body, which has been going through financial crisis and has seen some of its activities hampered by the lack of funds, has appointed JK International, a private limited company with prior experience in such ventures, to organise the lottery after receiving permission from the finance ministry.
BFF and JK International aim to make Tk 1.5 crore net profit, 60 per cent of which will be retained by the BFF and the rest will go to JK International.
“All the expenditures will be borne by the third party [JK International] and they will look after everything regarding the lottery,” BFF's general secretary Abu Nayeem Shohag said to reporters yesterday.
This is the first time a sports federation has resorted to lotteries for raising money, even though Bangladesh Olympic Association (BOA) and National Sports Council (NSC) raised money from lotteries previously.
“We (BFF) appointed the company since we neither have the personnel nor the expertise regarding this type of programmes,” Shohag said.
The lottery tickets, worth Tk 20, will be on sale across the country from November 10 to December 23.
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