breaking news: st Lucia losing CPL franchise ...

link Wasp Joined: Dec 31, 2007
Posts: 7072
5/19/17 7:35:47 PM 
Reliable sources just called saying government back down on promises made to the new owners.

link Priapus Joined: Dec 30, 2014
Posts: 1911
5/19/17 7:46:23 PM 
In reply to Wasp

Source?

link Courtesy Joined: Apr 16, 2009
Posts: 19817
5/19/17 7:51:34 PM 
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.

link Priapus Joined: Dec 30, 2014
Posts: 1911
5/19/17 7:55:34 PM 
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?

link imusic Joined: Nov 13, 2002
Posts: 65158
5/19/17 7:59:40 PM 
avatar image
Either CPL bluffing

OR

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

link Courtesy Joined: Apr 16, 2009
Posts: 19817
5/19/17 7:59:44 PM 
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.

link camos Joined: May 6, 2003
Posts: 45015
5/19/17 9:01:33 PM 
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?

link FuzzyWuzzy Joined: Jun 1, 2005
Posts: 46419
5/19/17 9:03:28 PM 
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.

link cricketest Joined: Feb 11, 2008
Posts: 5537
5/20/17 2:15:39 PM 
hee salop!

link XDFIX Joined: Mar 2, 2003
Posts: 10872
5/20/17 9:21:04 PM 
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!

link Wasp Joined: Dec 31, 2007
Posts: 7072
5/21/17 5:07:57 PM 
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

link sgtdjones Joined: Feb 16, 2017
Posts: 1074
5/21/17 5:36:31 PM 
Where is Hilaire and Hunte in all this comess?

oh Oh you mean dem still sulking about Sammy?



shock

link camos Joined: May 6, 2003
Posts: 45015
5/21/17 6:44:44 PM 
these guys want $750000 from the host and WICB sold the entire thing for how much again?
rolleyes

link sgtdjones Joined: Feb 16, 2017
Posts: 1074
5/21/17 9:12:46 PM 
In reply to camos

Guess who sold it nah

razz razz razz razz razz

link Pacy Joined: Dec 1, 2002
Posts: 28261
5/21/17 10:46:13 PM 
In reply to camos

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

link jen Joined: Jan 4, 2008
Posts: 20051
5/22/17 1:04:51 AM 
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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

link rubberd Joined: Apr 2, 2010
Posts: 459
5/22/17 9:47:07 AM 
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.

link Kay Joined: Feb 1, 2015
Posts: 3787
5/22/17 10:43:15 AM 
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 ....

link rubberd Joined: Apr 2, 2010
Posts: 459
5/22/17 11:27:49 AM 
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.

link Tryangle Joined: Jul 11, 2004
Posts: 2076
5/23/17 11:02:49 AM 
In reply to jen

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

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