Sahara steps in, to release Rs 1 crore immediately for players

[TheBoss]

With no solution in sight to the payment dispute that has rocked Indian hockey, team sponsor Sahara on Wednesday decided to release Rs one crore immediately to be distributed only among the striking players in a bid to resolve the crisis.

"In the genuine interest of the national hockey players, Sahara India Pariwar has decided to pay immediately Rs 1 Crore in suspense account to Hockey India, only for distribution to the players so that they can peacefully and happily practice and play for the country," Sahara said in a statement.

"Sahara has also paid Rs 77 lacs in December as advance for the quarter of January 15 to April 14, 2010. Sahara will go through the past accounts of Hockey India and shall take suitable decision for this amount," it added.

Indian hockey slumped to one of its worst crises ever when the 22 probables for World Cup stopped training at the Belawadi Sports Complex in Pune on Friday in protest against their pending financial dues and incentives.

http://www.hindustantimes.com/Sahara-ste...96928.aspx

[Jignesh]

Well done sahara :party1:

[Rahul MG]

Indian Hockey's situation has become same as West Indies Cricket. From world dominance before 80's to the worst situation that anyone can ever face. Its really sad.

Corporate peoples should come forward and help hockey in India.

[samanth]

Good gesture from Sahara to the national game:yo: