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Stanford to end 20/20 for $20million series
Scaled down regional 20/20 tourney could continue
Sir Allen Stanford
By Sean Devers
According to well placed sources, Sir Allen Stanford, the Texan billionaire who resides in the 108-sqaure-mile Island of Antigua, has decided to scrap the Twenty/20 for 20 million Challenge match but still wants to remain involved with English cricket.
It is understood that Stanford plans to scrap the 5-year $100 million deal in favour of a 3-year deal, featuring an annual quadrangular tournament at Lord’s, of which the Stanford Superstars will be one of the teams.
The new agreement has been reached upon after months of negotiation with the ECB since the Super series in October and is believed to be worth a fraction of the $100M deal.
Insiders claim that the ECB are yet to sign the new deal while the Professional Cricketers Association (PCA) is reluctant about discussing the deal with the players who are currently involved in a Test series against West Indies.
The ECB are short on time with the first quadrangular tournament scheduled to be held at the end of May.
“It is imperative we get to the bottom of what the benefits are to English cricket and we would like a longer look at the deal than we had last time,” said Sean Morris, the chief executive of the PCA.
“We are in friendly negotiations with the ECB and we will take it to the players at the appropriate time. At the moment they are fully focused on the Test series and we do not want to distract them from that,” Morris added. The ECB plans to meet with the players before the third Test begins on February 18 in Barbados but Stanford wants a decision earlier than that.
The Caribbean side beat England in the inaugural twenty/20 for 20 million last year in Antigua.
According to a source close the Stanford 20/20 organization, the Stanford regional 20/20 tournament could continue although the various territorial Boards are not expected to benefit from the large amounts of money as they did during the first two competitions which were won by Guyana in 2006 and Trinidad and Tobago last year.
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