PORT-OF-SPAIN, Trinidad, CMC- A new company has been formed to run the affairs of Trinidad and Tobago cricket under the new franchise system soon to be introduced by the West Indies Cricket Board (WICB).
Red Force Trinidad and Tobago limited is the trading name of the Trinidad and Tobago Cricket Board (TTCB) president Azim Bassarath has announced.
The WICB has instructed its six territorial boards to form companies to run the affairs of the teams as part of restructuring.
“We have the six officers of the board who will run the company. We have intentions of bringing in skilled persons—an attorney and an accountant,” Bassarath told the Express.
“There was some discussion that the WICB directors should be seeking the interests of the WICB on each of the companies. More than likely a director from the WICB will be named on each of the companies.”
Bassarath, a WICB director, has expressed confidence in the ability of his board to make a success of the new enterprise.
All six franchises will be given US$45,000 per month to fund their operations but will also be required to raise revenue as well.
“It is our intention to go that way. We can get involved in other types of activities in order to sustain the company,” the president said.
“All the boards have indicated they were ready to go. Everything will roll into place on October 1”.
The new regional season under the new franchise system is due to begin in November.
