Trinidad and Tobago Cricket Board (TTCB) president Azim Bassarath said that forking out millions of dollars to host the Caribbean Premier League Twenty20 semi-finals and finals for the next two years is not in the best interest of local cricket.
In a TTCB press release yesterday, Bassarath said “Hosting six matches for $42 million does not make any sense to us when we feel that the funds are desperately needed elsewhere, for instance to pay the debt owed to the T&T Cricket Board amounting close to $24 million which has accumulated over the past four years.”
According to the TTCB press release, a proposal currently before Cabinet for the allocation of more than US$7 million towards the staging of the semi-finals and final of the Caribbean Premier League (CPL) Twenty20 for two years. The release said “TTCB officials are shocked about the development, saying the returns are questionable on a project which hands over more than TT $42 million to a private foreign entity to stage only six matches in T&T over two years.”
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