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HEADLINE: WI Retired Players Foundation receives US$500,000 after ten-year wait

 
CaribbeanCricket.com 2024-04-30 14:50:33 

WEST Indies legend Deryck Murray said it is important for past cricketers to feel appreciated for their efforts. Murray was speaking following the news that the West Indies Retired Players Foundation received US $500,000, that apparently went missing.

The money, a gift by the Board of Control for Cricket in India (BCCI), was sent to CWI between 2013-2014. The funds were never received until recently.

Queen's Park Cricket Club president Dr Nigel Camacho, a committee member of the West Indies Retired Players Foundation which was formed in 2013, spoke about the money at the Caricom Cricket Conference at the Hyatt Regency Hotel in Port of Spain on Friday. Camacho thanked president of CWI Dr Kishore Shallow and CWI CEO Johnny Grave. "Thank you Dr Shallow, thank you Mr Grave that this month the money finally arrived in the account of the (West Indies) Retired Players Foundation," Camacho said.

"My message to you is that finally we have a retired players foundation that hopefully is for the retired players, to help the retired players after their playing days...given the legacy of our magnificent team of the 1970s and 1980s I look forward to the future."

Read more at Newsday


Full Story

 
allan 2024-04-30 15:02:01 

In reply to CaribbeanCricket.com

how the hell can 500k go missing for 10 years

 
PM 2024-04-30 16:21:49 

In reply to allan

LOL, somebody needed the money and took it (borrowed?)

 
allan 2024-04-30 16:39:53 

In reply to PM

the police needed to have been called then

 
hubert 2024-04-30 17:04:17 

In reply to allan

Good .Perhaps they can find or get back the Players' 'Provident Fund' money that was 'invested'
somewhere 20 or so years ago. lol

 
Drapsey 2024-04-30 17:11:47 

In reply to CaribbeanCricket.com

The money, a gift by the Board of Control for Cricket in India (BCCI), was sent to CWI between 2013-2014. The funds were never received until recently.

Interesting. Wonder whose admin it was during that period.

I think I know what happened though. Hindia (ok, BCCI) sent the money to WICB, but by the time it arrived the organization's name had already been changed to CWI resulting in its 'slipping through the cracks'.

 
allan 2024-04-30 17:18:13 

In reply to hubert

wow how much monies is that

 
hubert 2024-04-30 17:25:18 

In reply to allan

Don't know..But perhaps the old WIPA top guys could shed light.smile

 
bird 2024-04-30 18:51:15 

In reply to allan

that is our beloved WI cricket management for you

 
camos 2024-04-30 19:49:51 

$500,000 for 10 years at 6% interest, he should return $800,000.at simple interest and $896, 000 + compounded!

 
Castled 2024-04-30 20:40:12 

Something about this story made one think of Jackal Warner

 
FanAttick 2024-05-01 10:16:03 

In reply to Drapsey

Thank you Dr Shallow, thank you Mr Grave that this month the money finally arrived in the account of the (West Indies) Retired Players Foundation," Camacho said.
big grinbig grinbig grin

You couldn’t make that shtye up even if you tried

Apparently that’s where the missing funds was buried

 
Larr Pullo 2024-05-01 11:35:15 

In reply to camos

Let's invest the money and grow it now...smile

 
Ray123 2024-05-01 13:37:00 

Wow what a crazy story. I hope all the retired players get their due. This is good news. Well done CWI

 
XDFIX 2024-05-01 15:11:51 

In reply to FanAttick


Thank you Dr Shallow, thank you Mr Grave that this month the money finally arrived in the account of the (West Indies) Retired Players Foundation," Camacho said.


Give thanks for the resurrection!

 
Drapsey 2024-05-01 15:48:06 

In reply to FanAttick

Now, that's progress.

We moved on from Shallow Skillett to Shallow Grave. smile