• Today
    October 24

  • 05:09 AM

Barbados Tridents still waiting for pay day

MIKE KING, mikeking@nationnews.com

Added 12 October 2017

kieron-pollard

Barbados Tridents captain Kieron Pollard. (Picture courtesy CPL via Getty Images)

KIERON POLLARD and his Barbados Tridents team are still waiting for the monies they earned from this year’s Caribbean Premier League (CPL) Twenty20 competition.

An inside source told NATION SPORT that some overdue payments ranged from US$10 000 to US$120 000 per player.

The source added that negotiations were taking place and players should be compensated before year-end.

The Tridents franchise is owned by fugitive billonaire Vijay Mallya, who faces money laundering charges in London. The 61-year-old tycoon, who has been staying in the United Kingdom for over a year now, is accused of defaulting on loans worth thousands of crores in India.

He slipped out of the country in March last year, amid attempts by a group of banks to recover more than Rs. 9 000 crore loaned to him for his now-collapsed Kingfisher Airlines.

India made an extradition request in February to Britain to send back the businessman to face trial. He was arrested and released on bail in April this year following India’s extradition request.

Last year, Mallya was quoted as saying that he and other shareholders got the ownership of Barbados Tridents for US$100 but the cost of running the franchise would be around US $2 million and the Barbados government promised to grant subsidies to the franchise.

JOIN THE DISCUSSION

Dos and Donts


Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus

VIDEO

BLOGS

KRYSTLE CLEAR img
THE LONG VIEW img
INSIDE EDITORIAL img
What's Trending img
MONEY MATTERS img
Toni-Ann Johnson img

FRONT COVER OF TODAY'S NEWSPAPER

CARTOON

POLL

Will you be making an effort to make your home more hurricane-resistant?

Yes
No
Unsure

INSTAGRAM