The Independent Voice of West Indies Cricket

Indian businessman acquires Barbados Tridents

Sun, Feb 7, '16

 

Caribbean Premier League

Millionaire Indian businessman Vijay Mallya has confirmed his purchase of Caribbean Premier League franchise Barbados Tridents, ending weeks of speculation about the proposed sale.

The 60-year-old said he had met with Barbados Prime Minister Freundel Stuart last week and secured government’s support in the venture, and had subsequently moved ahead with the acquisition.

“I’ve acquired the team. It is a joint venture if not exactly in the classical sense of the term. I will, of course, take a lead role and that is because I understand the Twenty20 competition,” he told the Mumbai Mirror newspaper here Saturday.

He added: “There is no central revenue in the CPL as in the case of the IPL (Indian Premier League) and the revenue stream is tickets and sponsorship. The numbers did not add up and the only solution was to go to the government.

“I met the Prime Minister of Barbados and he has promised all the support. Once the government came forward, I told the CPL that I’m ready. It is a joint venture of sorts.

 

read more at Barbados Today