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HEADLINE: DIGICEL AND CRICKET WEST INDIES END SPONSORSHIP AGREEMENT

 
CaribbeanCricket.com 2018-05-29 16:41:57 

ST JOHN’S, ANTIGUA - Digicel has reached an agreement to end to its sponsorship relationship with Cricket West Indies one year early following a successful 13-year partnership.

Dominic Warne, Director of Commercial, Marketing and Communications for Cricket West Indies, commented; “On behalf of everyone at Cricket West Indies, I would like to thank Digicel for their fantastic support over the past 13 years. It has been a great and successful partnership for both Cricket West Indies and Digicel. We are now primed to take on a number of new initiatives as part of our recently announced strategic plan to make cricket the heartbeat of the Caribbean. We hope to make an announcement on our new long-term Principal Partner soon.”

Digicel Group CFO, Raymond Leclercq, comments; “Over the years, we have been very successful in forging sponsorship partnerships with the things we know our customers love most. This approach has helped us to grow the Digicel brand to be the number one brand in the region and to make a lasting impression on our customers. We would like to take this opportunity to thank Cricket West Indies for 13 years of amazing partnership and for the opportunity and privilege of helping to bring the fun, thrill and excitement of the game of cricket to a wider audience and in new and engaging ways. We wish Cricket West Indies all the best for the future and will be cheering the teams on from the stands as passionate fans of the game of cricket in the Caribbean.”


Full Story

 
Courtesy 2018-05-29 16:50:59 

In reply to CaribbeanCricket.com

Fellas "in the know" come in and tell us more on Digicel.

Yagga, you may know something...Chrissy stay out you have NO knowledge.

big grin

 
nick2020 2018-05-29 16:52:01 

In reply to Courtesy

I wonder who will pick them up now.

 
Drapsey 2018-05-29 16:53:25 

In reply to CaribbeanCricket.com

Chrissy must be overcome with glee.

 
Courtesy 2018-05-29 16:54:03 

In reply to nick2020

CWI can talk to Yagga. He has a burgeoning company.

big grin

 
VIX 2018-05-29 16:54:07 

Digicel is insolvent.

Cuts in every area. 25% staffing reduction caribbean-wide.

 
Courtesy 2018-05-29 16:56:14 

In reply to VIX

Digicel is insolvent.

Cuts in every area. 25% staffing reduction caribbean-wide.

Oh yes???...tell me more, tell me more.

big grin

 
cupid20d 2018-05-29 17:00:31 

IPL is their new sponsor.

 
VIX 2018-05-29 17:01:37 

In reply to Courtesy

Digicel is stating that it had signaled its decision to reduce the company’s global headcount, by around 25% over an 18 month period, since February of last year.

In a statement released this morning, Digicel reminded persons that a key element of its 2030 global transformation programme was a complete re-design of its organisational structure to provide customers with a more complete experience.

http://news.power102fm.com/digicel-reducing-global-company-headcount-by-25-cuts-scheduled-for-next-week-55313

tings ruff, they tried to get an IPO off the ground a couple years ago. Dismal failure. No backers.

 
Courtesy 2018-05-29 17:04:46 

In reply to VIX

Thanks Vix for your link.

"A 2030 transformation programme" is well underway.

 
VIX 2018-05-29 17:08:16 

In reply to Courtesy

Failed IPO, increasing debt

Digicel’s $2 billion of bonds, which fall due in 2020, have recovered from a low of 77 US cents on the dollar in February to 91 cents

 
Courtesy 2018-05-29 17:13:22 

In reply to VIX

Thanks Vix. Perhaps LIME/C&W/FlOW??? should step in and acquire Digicel.

Btw, is there LIME/C&W/FlOW?.

big grin

 
sgtdjones 2018-05-29 17:22:15 

Digicel is trying to sell the CPL also, over the last 12 months, no buyer interested. It shows they have lost over
60 million dollars on the CPL investment.

 
Runs 2018-05-29 17:33:23 

Who will now sponsor WI?

 
sgtdjones 2018-05-29 17:40:58 

In reply to Runs

ElDorado and cussbud

razz razz razz razz

 
Khaga 2018-05-29 17:48:04 

The mighty Mindies and mightier Digicel divorcing?

 
sgtdjones 2018-05-29 17:49:02 

In reply to Khaga

Some company in Hindia will come ?

Tata?

lol lol lol

 
Courtesy 2018-05-29 18:21:03 

CWI will be making public soon its next major cricket sponsor.

Film at 11.

 
culpepperboy 2018-05-29 18:24:45 

In reply to Courtesy

Massey? cool

 
Courtesy 2018-05-29 18:25:24 

In reply to culpepperboy

Me nah know.

big grin

 
culpepperboy 2018-05-29 18:32:29 

In reply to sgtdjones

Tata?

Bata!! cool

 
culpepperboy 2018-05-29 18:33:47 

Queen Isabella and King Ferdinand? cool

 
imusic 2018-05-29 18:37:45 

In reply to Runs

Who will now sponsor WI?

Whoever sponsors renos at KCC

 
positiveg 2018-05-29 20:50:41 

I too was thinking Tata Motors.
But not sure. Feel It would be an Indian company though.

 
camos 2018-05-29 20:54:06 

In reply to positiveg
what does Tata motors sell to west Indians?

 
camos 2018-05-29 20:56:46 

Does Digicel owns CPL and if so what is the fate of that league?

 
Toney 2018-05-29 21:12:31 

No that Digital has jumped the sinking ship, I can just imagine the number of potential sponsors who will be lining up to take their place.

Maybe Pointless and Chrissy can recommend a few. wink wink

 
positiveg 2018-05-29 22:53:28 

In reply to camos

You do realise sponsorship on a kit for WI has more to do with getting views than dealing with the home market.
Plenty Indians and sub continent eyes look at West Indies play.
I just called the name of a company y. It could be Hero motor or any other sub continent company.
I just feel like it may be a sponsor from outside.
And if CWI smart they try to get a sleeve deal to.

 
hitforsix 2018-05-30 17:56:45 

In reply to VIX

A senior staff member told me today that they Digicel are in lots of financial trouble.

 
Hanover 2018-05-30 18:10:23 

In reply to Khaga

Well, when they got married, this is what happenedbig grin:

Seven leading players, including captain Brian Lara, look likely to miss the Test series against South Africa because of a sponsorship wrangle.



http://news.bbc.co.uk/sport2/hi/cricket/4360919.stm

 
Judgement 2018-05-30 19:03:18 

They already have another sponsor lined up. To be announced shortly lol lol lol

 
POINT 2018-05-31 11:14:45 

In reply to CaribbeanCricket.com


The Real Question is this :

SUCCESSFUL FOR WHO ???????????

TO LATE , TO LATE IS THE FREAKING

CRY.


MANY BELIEVED THAT OPERATION IS

SUCCESSFUL , NEVER THE FACT THAT

MIND THAT THE PATIENT HAS BEEN ON

LIFE SUPPORT FOR MANY YEARS .


I have always stated in this Forum that the alliance between the WICBC &
Digicel was unhealthy for West Indies
Cricket .

SIGNING ANY LONG TERM CONTRACT WITH

ANY SPONSOR MEANS THAT YOU ARE NOT

INTERESTED IN IMPROVING THE

COMPETITIVENESS OF CRICKET IN THE

REGION .