India’s lone Olympic gold winner may be dragged to court for breach of contract by his long-time agent Latika Khaneja of Collage Sports Management.
“We are looking for the court’s arbitration for wrongful termination of contract,” says Khaneja. “We have availed of the clause which allows us to terminate the contract on the basis of lack of performance,” explains A.S. Bindra, the shooter’s father.
Khaneja says she has proof that she had got Bindra a contract with Sahara, and even his signing on as brand ambassador for a Korean MNC was initiated by her. To which Bindra senior asks: “How many endorsements did she get?”
Khaneja’s answer: just one since July 2003. “It was not easy to sell him earlier,” she says.
At the root of the issue is money. Collage gets 30% of all endorsements that Bindra signs.