Reliable sources just called saying government back down on promises made to the new owners.
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breaking news: st Lucia losing CPL franchise ...
In reply to Wasp
Source?
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.
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?
Either CPL bluffing
OR
Somebody else willing to pay US$750K or thereabouts for the franchise
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.
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?
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.
hee salop!
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!
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
Where is Hilaire and Hunte in all this comess?
oh Oh you mean dem still sulking about Sammy?
these guys want $750000 from the host and WICB sold the entire thing for how much again?
In reply to camos
Guess who sold it nah
In reply to camos
How much is one question and for how many years is an even bigger question.
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.
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.
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 ....
In reply to Kay
The CPL sales pitch -
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.
In reply to jen
Where else? Are there rumblings of a US-based franchise?
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