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English board cuts ties with Stanford
February 22, 2009, Sunday
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ENGLISH cricket severed its ties with Texas billionaire Allen Stanford on Friday following accusations that he was involved in a US$8 billion fraud.
Stanford landed in a helicopter at cricket's headquarters at Lord's in London last year to launch the Stanford Super Series which culminated in England playing a West Indies side in a US$20 million winner-takes-all match in Antigua. The England and Wales Cricket Board (ECB) said it had terminated, with immediate effect, its contracts with the Stanford group following a meeting of the executive committee on Friday. The inaugural Stanford-backed international Quadrangular Twenty20 event was due to be staged at Lord's in May.
Stanford landed in a helicopter at cricket's headquarters at Lord's in London last year to launch the Stanford Super Series which culminated in England playing a West Indies side in a US$20 million winner-takes-all match in Antigua. The England and Wales Cricket Board (ECB) said it had terminated, with immediate effect, its contracts with the Stanford group following a meeting of the executive committee on Friday. The inaugural Stanford-backed international Quadrangular Twenty20 event was due to be staged at Lord's in May.
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