Government finds a way to save local CPL matches

This came in light of concerns that were raised over the US$2.5 million contract fund for the 2015 edition, which were to be paid in several installments, and were not budgeted for in the 2015 national appropriation.

But Minister Richards indicated that a way was found to deal with the immediate obligation, while securing time to work out the remaining funds.

“The initial 2015 spend amount of US$2.5 million, payable in installments of $1.5 million, $500 000 and $500 000 are expected to be finalized through consultation with the Ministry of Finance,” Richards revealed.

This disclosure came at a media briefing on 21st April, where he quieted concerns that were previously raised over the non-allocation of funds to the hosting of matches on the island.

“My Government has committed to supporting CPL 2015 and ensuring that the mistakes of the past are no longer furthered through inaction and political expediency,” Richards stated.

Richards noted that the returns from hosting the matches during the 2014 edition were high, adding that the Federation saw returns in the vicinity of US$26 million, and expressed good prospects for this year.

“The CPL franchise team remaining resident on island during the practice and match season of the CPL ensures that accommodation and insurance cost of team personnel remain on island. As a team, the naming ensures worthwhile positioning of the Federation of St. Kitts and Nevis’ name and attracts sponsorship opportunities to offset subsidy cost,” Richards explained.

He graciously thanked the organizers for their patience during the period of uncertainty after the general elections, where the Federation missed all its payment deadlines including the most recent 16th April deadline.

”I must say thanks to the organizers of CPL. They have been most understanding. They have recognized the fact that on February 16, we had a change of government. They recognized the fact that no monies were budgeted by the former administration,” the sports minister pointed out.

Richards, who is also deputy prime minister, said that at the start of April, the CPL contract was reviewed to determine the benefits of hosting such matches here in St. Kitts and Nevis, where he indicated that there would be development through planned local cricket development programmes to build local passion, talent and capacity for the game.

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