JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Friday, February 21, 2025

Guyana gets CPL finals as T&T loses out

by

20160418

Af­ter much spec­u­la­tion as to where the fi­nals of the 2016 Hero Caribbean Pre­mier League T20 tour­na­ment will take place, news com­ing to hand is that it will go South to Guyana this time around.

Guardian Me­dia was re­li­ably in­formed that the gov­ern­ment of Guyana has out­done the gov­ern­ments of T&T and Bar­ba­dos in a three-way bid to host the fi­nals on Au­gust 7. Guyana will al­so host both se­mi-fi­nals which will take place at Prov­i­dence Sta­di­um.

Ac­cord­ing to a source close to the Guyana gov­ern­ment, the deal has been struck and it will be made pub­lic in a few days time. The source did not give par­tic­u­lars about the agree­ment be­tween the par­ties, but the CPL or­ga­niz­ers were ask­ing for US$4.5M (G$932.4mil­lion) for the award of the fi­nal-four.

It will be the first time that the fi­nals will be host­ed in Guyana, as the three pre­vi­ous fi­nals took place in T&T (2) and St. Kitts. Last year, the PP gov­ern­ment in­vest­ed US$3.5 mil­lion (TT$24 mil­lion) and there was mas­sive in­ter­est and sold out crowds for the fi­nal which was won by the lo­cal Red Steel team (now re­named the Trin­ba­go Knight Rid­ers), which beat Bar­ba­dos Tri­dents in the fi­nal at the Queen's Park Oval.

It is un­der­stood that T&T pro­posed a counter of­fer of US$1.5 mil­lion (TT$9.8 mil­lion) and was will­ing to go up to US$2 mil­lion, but this was not suc­cess­ful. The Guyana gov­ern­ment would have been swayed by the re­port pro­vid­ed by SMG In­sight on the eco­nom­ic im­pact of last year's fi­nal.

SMG In­sight rea­soned that by host­ing last year's event, T&T got sig­nif­i­cant eco­nom­ic and so­cial ben­e­fits, which in­clud­ed the di­rect spend by CPL from ho­tel to lo­cal ven­dors, trav­el, me­dia and ad­ver­tis­ing. The to­tal di­rect im­pact of the 2015 tour­na­ment for the T&T econ­o­my was stat­ed as US$15.40 mil­lion. This was bro­ken down in­to the di­rect spend by CPL which was US$3.84 mil­lion, ac­com­mo­da­tion and gen­er­al ex­pen­di­ture was list­ed at US$5.63 mil­lion, and val­ue pro­duced by the T&T Tourist Board brand­ing at match­es was put at US$5.93 mil­lion.

The pro­pos­al al­so out­lined to all gov­ern­ments that a to­tal of 93,929 fans at­tend­ed the match­es in T&T and as a re­sult 551 jobs were cre­at­ed. In ad­di­tion, a tele­vi­sion au­di­ence of 27.3 mil­lion per­sons viewed the games, and a to­tal of 5,703 nights were spent by non-lo­cal spec­ta­tors at the ho­tels in T&T.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored