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breaking news: st Lucia losing CPL franchise ...

 
Wasp 2017-05-19 19:35:47 

Reliable sources just called saying government back down on promises made to the new owners.

 
Priapus 2017-05-19 19:46:23 

In reply to Wasp

Source?

 
Courtesy 2017-05-19 19:51:34 

In reply to Wasp

Here is what I know:

The original fee for hosting the franchise was 350, 000.USD. The fee has since been increased to 750, 000.USD.

A meeting will be held with decision makers within the government and allied agencies in the next few days when it is expected that a decision will be made on the new fee.

No decision has been taken on this matter. And as far as I know, no promises were made by the government.

 
Priapus 2017-05-19 19:55:34 

In reply to Courtesy

Has there ever been a CBA done to ascertain the benefits- real or imagined of hosting a CPL franchise in Slu?

 
imusic 2017-05-19 19:59:40 

Either CPL bluffing

OR

Somebody else willing to pay US$750K or thereabouts for the franchise

 
Courtesy 2017-05-19 19:59:44 

In reply to Priapus

Remember the original fee was 350,000.USD and I imagine that a CBA was done at that time which justified the hosting of the franchise. Another CBA is needed for this new fee. This new CBA will be the subject of discussion when the officials meet within the next few days and will obviously guide decision making.

The implementation of Zero base budgeting has necessitated the justification of all government funded programmes.

Expect an announcement from the government on this matter soon.

 
camos 2017-05-19 21:01:33 

How can an agreement be so loose, that it allows for a more than doubling of the existing fee, this thing is not even 5 years old?

 
FuzzyWuzzy 2017-05-19 21:03:28 

In reply to camos
That seems like standard CPL behaviour. A year or two ago they tried to stronger and threaten the Barbados government. They deserted Antigua and embraced St Kitts for similar reasoning.

 
cricketest 2017-05-20 14:15:39 

hee salop!

 
XDFIX 2017-05-20 21:21:04 

According to people familiar with the matter, St. Lucia government want restructure b4 any involvement in furthering cricket in the region

They still hurt over the Sammy vs Dave issue

Politics is a bitch!

 
Wasp 2017-05-21 17:07:57 

In reply to XDFIX

Not true

It the new owners asking government for certain inputs

Even understood that they have had talks with the prime minister of Grenada for moving in the future

 
sgtdjones 2017-05-21 17:36:31 

Where is Hilaire and Hunte in all this comess?

oh Oh you mean dem still sulking about Sammy?



shock

 
camos 2017-05-21 18:44:44 

these guys want $750000 from the host and WICB sold the entire thing for how much again?
rolleyes

 
sgtdjones 2017-05-21 21:12:46 

In reply to camos

Guess who sold it nah

razz razz razz razz razz

 
Pacy 2017-05-21 22:46:13 

In reply to camos

How much is one question and for how many years is an even bigger question.

 
jen 2017-05-22 01:04:51 

I know of another franchise that thinking of packing its bag from one of the big 4 to move else where. Things just getting warm.
big grin big grin

 
rubberd 2017-05-22 09:47:07 

In reply to camos

If you look at the breakdown of the 2017 draft player contracts is around US$750K with nearly 50% going to the international players. That allocation is not sustainable, it is like reverse colonization, regional players are finding themselves at the bottom of a very top heavy structure.
Regional governments should not buy in to a flawed concept, the CPL must recoup international players fees from the sale of tv rights.

 
Kay 2017-05-22 10:43:15 

Heading for bankruptcy and failure?

What's new in the West Indies? On the other hand St. Lucy should pay the fee or get out if dem have another buyer in line ....

 
rubberd 2017-05-22 11:27:49 

In reply to Kay

The CPL sales pitch -

CPL has given a net benefit of $ 102,670,565 to the seven territories in which it was played. This figure factors in such things as positive press about the different locations as tourist destinations – so that is not a real cash figure. Around $30 million of that overall figure is “media value”, in essence advertising the host nations.

Link Text

If the "media value" is in Asia how does this benefit the region as a tourist destination when India / Pakistan is not a target market for the region hoteliers.

 
Tryangle 2017-05-23 11:02:49 

In reply to jen

Where else? Are there rumblings of a US-based franchise?