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West Indies cricket franchises under pressure to become sustainable |
11 Sep 2015 11:55 #271146
by chairman
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/
(Trinidad Guardian) As the second edition of the West Indies Cricket Board (WICB) Professional Cricket League (PCL) nears, the franchises are another year closer to their deadline of having to become sustainable or face collapse.
The WICB opted to financially prop up the PCL for the first four years, with the hope that the franchises work on sponsorship, so that they can stand on their own. Currently the WICB allocates a total of US$45,000 per month for each of the six franchises to run their business in terms of paying players’ salaries and preparing their teams.
If the franchises can’t find sponsors, then the WICB will have to continue their search for an overall sponsor to take care of the bill. Chairman of the Barbados Pride franchise Conde Riley says that the WICB would have to be more innovative and find ways to get sponsors on board. “The world economy is in recession and this of course has affected all the Caribbean governments which we can go to for assistance.
“The Corporate Caribbean has also been affected and those who decided to come on board with cricket, invested in the Caribbean Premier League (CPL). This has made life very difficult in terms of getting sponsors to come on board. The franchises have three more years to find investors or face a collapse. We know it is very difficult to get the buy in and this is why I am saying that we have to look at innovative ways of getting people involved in terms of getting financial assistance.â€
President of the WICB Dave Cameron recently called on the franchises to become more professional in their dealings and said that some could miss out on the monthly allocations, part of which comes from the PCL Fund for Development.
“We are saying that the PCL is a new business and franchises need to run a quality professional set up. Some of them haven’t done that and the board has taken a decision that if franchises do not comply with the standard, there could be penalties. And the only penalty that we could exact is the withholding of funds.â€
The WICB is also not getting the revenues as before because the Champions League is no longer around to give them an annual boost. Also if the fall out with India continues and they don’t tour the Caribbean, this would result in a great loss for the West Indies because the Indian tours are always successful financially.
The PCL has been a welcomed idea by the Cameron administration as it now captures up to 120 players plus officials and gives them a sense of financial security while they ply their trade. The PCL, is hailed as one of the new programmes to re-establish the sport over the next few years.
The WICB opted to financially prop up the PCL for the first four years, with the hope that the franchises work on sponsorship, so that they can stand on their own. Currently the WICB allocates a total of US$45,000 per month for each of the six franchises to run their business in terms of paying players’ salaries and preparing their teams.
If the franchises can’t find sponsors, then the WICB will have to continue their search for an overall sponsor to take care of the bill. Chairman of the Barbados Pride franchise Conde Riley says that the WICB would have to be more innovative and find ways to get sponsors on board. “The world economy is in recession and this of course has affected all the Caribbean governments which we can go to for assistance.
“The Corporate Caribbean has also been affected and those who decided to come on board with cricket, invested in the Caribbean Premier League (CPL). This has made life very difficult in terms of getting sponsors to come on board. The franchises have three more years to find investors or face a collapse. We know it is very difficult to get the buy in and this is why I am saying that we have to look at innovative ways of getting people involved in terms of getting financial assistance.â€
President of the WICB Dave Cameron recently called on the franchises to become more professional in their dealings and said that some could miss out on the monthly allocations, part of which comes from the PCL Fund for Development.
“We are saying that the PCL is a new business and franchises need to run a quality professional set up. Some of them haven’t done that and the board has taken a decision that if franchises do not comply with the standard, there could be penalties. And the only penalty that we could exact is the withholding of funds.â€
The WICB is also not getting the revenues as before because the Champions League is no longer around to give them an annual boost. Also if the fall out with India continues and they don’t tour the Caribbean, this would result in a great loss for the West Indies because the Indian tours are always successful financially.
The PCL has been a welcomed idea by the Cameron administration as it now captures up to 120 players plus officials and gives them a sense of financial security while they ply their trade. The PCL, is hailed as one of the new programmes to re-establish the sport over the next few years.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/
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11 Sep 2015 13:25 #271153
by ketchim
The burden of finding sponsors is not sustainable , either !
WICB cant find sponsors for the International squads.
Seriously expect the 6 territories to do a better Job ?? :-\
WICB cant find sponsors for the International squads.
Seriously expect the 6 territories to do a better Job ?? :-\
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- mapoui
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11 Sep 2015 17:40 #271179
by mapoui
every now and then a bit of smarts peeks out round the edge of your general nonsense relative to the wicb.
this neo liberal jackass business model will not work for long in the west indies. we don't have the reality to support any such solvency. neo liberal capitalist solvency is not possible in the west indies..a model that would support bureaucratic parasitism. have those guys asked the relevant questions in developing their business plan?
west indies need another kind of solvency altogether..that is a mix of socialism basically and business profits..but centrally media compensations and revenues attracted by a top performing representative team/domestic competitions. and by domestic competition I don't mean the unsustainable failure we are discussing now of franchise T20 neo liberal bull'hit cricket.
listen here! 2-3 more years before Skameron fails so utterly and ignominiously that they will chase his skunt out of the wicb with hands raise' into fists, with pitchfork and cutlass looking to render him into pieces and 'crape him up at the same time.. at dat time allyuh will see how much of a black hole the past 20 years of neo liberal bull'hit has been
every now and then a bit of smarts peeks out round the edge of your general nonsense relative to the wicb.
this neo liberal jackass business model will not work for long in the west indies. we don't have the reality to support any such solvency. neo liberal capitalist solvency is not possible in the west indies..a model that would support bureaucratic parasitism. have those guys asked the relevant questions in developing their business plan?
west indies need another kind of solvency altogether..that is a mix of socialism basically and business profits..but centrally media compensations and revenues attracted by a top performing representative team/domestic competitions. and by domestic competition I don't mean the unsustainable failure we are discussing now of franchise T20 neo liberal bull'hit cricket.
listen here! 2-3 more years before Skameron fails so utterly and ignominiously that they will chase his skunt out of the wicb with hands raise' into fists, with pitchfork and cutlass looking to render him into pieces and 'crape him up at the same time.. at dat time allyuh will see how much of a black hole the past 20 years of neo liberal bull'hit has been
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12 Sep 2015 09:31 - 12 Sep 2015 10:50 #271186
by mapoui
the neo liberal lunacy peers out at us from this bit of info here..that is 540,000.00 usd per year for 4 years ..that is 2,100,000.00 usd by 6 teams is 12,600,000.00 USD.
which would be times 2.4 or 5 by ECD, 3.6 approx for titty..by zillions to get Yardy and Guyanan dollars.
that kind of money is not sustainable by internal cricket revenue, nor by local sponsorship. I do not know for sure but that 45 thousand per month total if true looks out of whack to the reality of west indian finances.
in any case sponsorship is no way or principle to base a successful business model on. the inherent costs in a west indian setting are too great to sustain any west indian cricket based on an on-going profit-making business model.
travel for one thing is a truly expensive element in costing and that the wicb has no control over. LIAT is going to destroy any financial success otherwise by its constantly rising travel costs. hotel accommodation/food wont help. there is no lid or limit on that as well..unless that is farmed out onto the players..forcing them to pay for their own accommodation and food.
but that is chump change relative to the levels of revenue needed to make that project worthwhile. luck to them but I don't see how it can work long term..failure soon enough up the road.
the neo liberal lunacy peers out at us from this bit of info here..that is 540,000.00 usd per year for 4 years ..that is 2,100,000.00 usd by 6 teams is 12,600,000.00 USD.
which would be times 2.4 or 5 by ECD, 3.6 approx for titty..by zillions to get Yardy and Guyanan dollars.
that kind of money is not sustainable by internal cricket revenue, nor by local sponsorship. I do not know for sure but that 45 thousand per month total if true looks out of whack to the reality of west indian finances.
in any case sponsorship is no way or principle to base a successful business model on. the inherent costs in a west indian setting are too great to sustain any west indian cricket based on an on-going profit-making business model.
travel for one thing is a truly expensive element in costing and that the wicb has no control over. LIAT is going to destroy any financial success otherwise by its constantly rising travel costs. hotel accommodation/food wont help. there is no lid or limit on that as well..unless that is farmed out onto the players..forcing them to pay for their own accommodation and food.
but that is chump change relative to the levels of revenue needed to make that project worthwhile. luck to them but I don't see how it can work long term..failure soon enough up the road.
Last edit: 12 Sep 2015 10:50 by mapoui.
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12 Sep 2015 09:52 #271189
by ketchim
Unless investors BUY the teams as in the CPL !
Cricket for Sale by Island !
West Indies XI can now be called say : Berkshire Hattaway XI :-\
Cricket for Sale by Island !
West Indies XI can now be called say : Berkshire Hattaway XI :-\
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12 Sep 2015 10:10 #271192
by Rowe992
Well West Indies franchise teams will be very difficult to become sustainable if they can't gather the interest of the fans in the region and pull them out to watch games or even view them on tv.
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- mapoui
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12 Sep 2015 10:12 - 12 Sep 2015 10:51 #271193
by mapoui
buy teams!!! why ::confused::
is fuh profit! there is no profit there. fuh west indian cricket to succeed it needs a different kind of solvency..a more socialism -based kind of solvency.
the cricket has to become the peoples business and success has to be measured in as many terms as is possible that the west indies can offer its people for high representative performance that brings glory to the region. the wicb must commit to ensuring that every player..male and female..once they get to an agreed level in the game..achieve individual solvency in their own lives to the level they are capable.
that's right. not only financial rewards but professional etc. the wicb must set up an array of links in the region - wide support system, to send all players through to solid lives as a result of their cricket achievements. a kid may want to be a teacher at high school or become a professor and his family may not have the means. the wicb takes care of that working with the player all the way through
that's the way forward..a comprehensive affirmative action program that incorporates the whole regional community in positive ways to get a solvent cricket based on west indian resources.
the wicb may be able to get cut rates from LIAT for eg., if it does not impose unduly on LIAT's schedules. so cricket may be organized to reduce travel and at times when LIAT's load is not too great..off season tourist periods in the year when LIAT needs business
that is what the west indies seems capable of affording..not business models and cricket bureaus, evolved in more developed and populous countries that can sustain such models.
the socialist-based model would achieve a great solvency the people would understand and gladly support and develop to its full capability. we can actually afford that and the people would be happy for it and proud of it
buy teams!!! why ::confused::
is fuh profit! there is no profit there. fuh west indian cricket to succeed it needs a different kind of solvency..a more socialism -based kind of solvency.
the cricket has to become the peoples business and success has to be measured in as many terms as is possible that the west indies can offer its people for high representative performance that brings glory to the region. the wicb must commit to ensuring that every player..male and female..once they get to an agreed level in the game..achieve individual solvency in their own lives to the level they are capable.
that's right. not only financial rewards but professional etc. the wicb must set up an array of links in the region - wide support system, to send all players through to solid lives as a result of their cricket achievements. a kid may want to be a teacher at high school or become a professor and his family may not have the means. the wicb takes care of that working with the player all the way through
that's the way forward..a comprehensive affirmative action program that incorporates the whole regional community in positive ways to get a solvent cricket based on west indian resources.
the wicb may be able to get cut rates from LIAT for eg., if it does not impose unduly on LIAT's schedules. so cricket may be organized to reduce travel and at times when LIAT's load is not too great..off season tourist periods in the year when LIAT needs business
that is what the west indies seems capable of affording..not business models and cricket bureaus, evolved in more developed and populous countries that can sustain such models.
the socialist-based model would achieve a great solvency the people would understand and gladly support and develop to its full capability. we can actually afford that and the people would be happy for it and proud of it
Last edit: 12 Sep 2015 10:51 by mapoui.
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12 Sep 2015 10:16 - 12 Sep 2015 10:22 #271195
by mapoui
the fans come out man. as far as I see there is full support. but that clearly is not enough if the wicb can come out with the above plea to the franchises
small stadiums, small populations..how much can you charge them..how high can the tickets go..how can you maintain interest over long time frames..all relative to the costing involved ::confused::
if you did not know it before, then know it now...the west indies is a high cost region..very, very, very high cost.. for every dam thing. the cost of doing business in the west indies are prohibitive for all save the multi nationals..one reason why they own everything of value down there
the fans come out man. as far as I see there is full support. but that clearly is not enough if the wicb can come out with the above plea to the franchises
small stadiums, small populations..how much can you charge them..how high can the tickets go..how can you maintain interest over long time frames..all relative to the costing involved ::confused::
if you did not know it before, then know it now...the west indies is a high cost region..very, very, very high cost.. for every dam thing. the cost of doing business in the west indies are prohibitive for all save the multi nationals..one reason why they own everything of value down there
Last edit: 12 Sep 2015 10:22 by mapoui.
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12 Sep 2015 10:35 - 12 Sep 2015 10:44 #271201
by mapoui
one other source of revenue seems available and not so far mentioned...television/streaming etc on demand. but you actually have to have an attractive cricket to sell..that people want to see
west indies do not have that at the moment...an attractive cricket that anyone wants to see...far less pay to see.
talent in the west indies is not drawn to cricket automatically anymore, to our insolvent cricket...insolvent, cannot or will not provide for cricket players adequately, beset by as it is by a parasitic administration that is using up most of all cricket revenues to pay itself. that is an horrific sight in the game, know internationally, the current state of west indies cricket impoverished by a nasty and horrific administration.
that is what we are known for globally now, not great cricket and tremendous cricket personalities anymore.
our trash cricket is no longer in demand. and there is only contempt for the region and its administration. and young west indians shy away from the game in preference for other more solvent and better administered sporting activities.
we must get the cricket solvent again to be in with a chance to attract local talent to make the west indian game attractive again, worth buying a stream into for many people around the world. that would also contribute to the solvency I am talking about. but the way west indies cricket is now managed..the neo liberal model will..has smashed west indies cricket to smithereens..scorched earth exploitation that has all but already erased west indies cricket from the face of earth, never to be seen again when it is gone this time.
west indies do not have that at the moment...an attractive cricket that anyone wants to see...far less pay to see.
talent in the west indies is not drawn to cricket automatically anymore, to our insolvent cricket...insolvent, cannot or will not provide for cricket players adequately, beset by as it is by a parasitic administration that is using up most of all cricket revenues to pay itself. that is an horrific sight in the game, know internationally, the current state of west indies cricket impoverished by a nasty and horrific administration.
that is what we are known for globally now, not great cricket and tremendous cricket personalities anymore.
our trash cricket is no longer in demand. and there is only contempt for the region and its administration. and young west indians shy away from the game in preference for other more solvent and better administered sporting activities.
we must get the cricket solvent again to be in with a chance to attract local talent to make the west indian game attractive again, worth buying a stream into for many people around the world. that would also contribute to the solvency I am talking about. but the way west indies cricket is now managed..the neo liberal model will..has smashed west indies cricket to smithereens..scorched earth exploitation that has all but already erased west indies cricket from the face of earth, never to be seen again when it is gone this time.
Last edit: 12 Sep 2015 10:44 by mapoui.
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12 Sep 2015 11:04 #271203
by ketchim
TnT Red Force got a lotta Sponsorship money !
ttcb.co.tt/redforce/wicb-town-meeting-in-chaguanas/
The TTCB and the WICB had traded words on the venue proposed by the WICB for the local town hall meeting... :-[
ttcb.co.tt/redforce/wicb-town-meeting-in-chaguanas/
The TTCB and the WICB had traded words on the venue proposed by the WICB for the local town hall meeting... :-[
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