Chief Executive Officer of the HERO Caribbean Premier League (CPL), Damien O’Donohoe has denied that a decision has been made about the venue of the CPL finals.
Several newspapers in Guyana and Cana News Online reported on Wednesday and Thursday that authorities announced in Guyana, that the semi-finals and finals of this year’s CPL will be played in Trinidad and Tobago after Guyana lost its bid to host.
However, O’Donohoe said in a statement Thursday that negotiations are ongoing.
“The CPL is currently in negotiations with three countries who are each bidding to host the finals of this year’s CPL,” he said. “Despite recent speculation, no decision has been made regarding the venue and it is hoped that negotiations will be concluded within the next fortnight.”
Cana News Online reported that Finance Minister Winston Jordan confirmed that T&T has outbid Guyana to host the Caribbean show piece, weeks after his country expressed an interest in the final matches of the CPL to bolster golden jubilee year celebrations.
Guyana was offering CPL organisers US $1.5 million to host the finals but reports suggest that the T&T Government offered US $1 million more.
“The CPL made a bid we reviewed it in Cabinet…we were to review it again and then we heard that Trinidad outbid us,” Jordan told reporters on Wednesday.
“Of course there will be a degree of disappointment that we are not hosting the finals…We don’t have the reserves of Trinidad first of all and Trinidad would have always been an attractive venue”.
Trinidad paid US$3.5 million to host the event last year, but this year CPL is asking for US$4.5 million.
“Trinidad bid much higher than us at this stage. We can’t match it. There is no way we can match it,” Junior Sport Minister, Nicolette Henry told Demerara Waves Online.
“If they will be generous enough to give us at a lower (figure) that’s the only way we’ll get it but in terms of money, they definitely out bid us”.
The CPL, branded the biggest party in sport, runs from June 29 to August 7.
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