Home / News Updates / Barbados Tridents still waiting for pay day

Barbados Tridents still waiting for pay day

Nationnews – 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.

Check Also


Rose Hill residents are pleading for an end to the nightmarish violence that plagues the …

Let us know what you think!

%d bloggers like this: