MS Dhoni’s bat logo sponsor, Spartan Sports, is in danger for recent defaulting reports on payments to the international cricketers including Dhoni.
According to the recent Economic Times report, Spartan Sports has the endorsement deals with the legendary Indian cricketer Sachin Tendulkar and Indian limited-overs wicketkeeper & former Indian captain MS Dhoni.
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According to that report, the Australia-based sports equipment manufacturing company, co-owned by Jalandhar-born businessman Kunal Sharma, has defaulted on payments to many cricketers, including MS Dhoni. The report claimed that Dhoni still has to be paid around $2 million (₹ 3 crores approx.). The report has further claimed that the company has also defaulted on the payments to the English limited-overs captain Eoin Morgan, Australian cricketer Joe Burns and the former Australian pacer Mitchell Johnson.
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Despite not receiving the contracted amounts, Dhoni is still using the Spartan logo on his bat. The report is claiming that the former Indian captain is considering sending a legal notice to Sharma while Dhoni’s manager hasn’t lightened up on this matter.
Recently, The Sydney Morning Herald reported, “The company, an importer and distributor of Spartan products in Australia, owes creditors, including the tax office, ANZ Bank and a host of trade creditors and lower tier lenders, $8.5 million, according to liquidators at BRI Ferrier.”
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Meanwhile, an official of an Australian company that once did business with Kunal Sharma, told, “He could not have afforded so much in sponsorship deals with so many cricketers for so high prices without managing to sell his products sufficiently. He wanted to run before he could walk.”
According to the report, Pakistani businessman called Kamil Khan, a relative of former Pakistan cricket team skipper Waqar Younis, is also another owner in this business. Big international cricketers like Kevin Pietersen, Chris Gayle and Michael Clarke were also their clients.
Two years ago, it was reported that the Spartan Sports had defaulted around INR 20 crore to MS Dhoni.
