Texan billionaire, helicopter enthusiast and possible evil genius Allen
Stanford is, according to reports, considering pulling out of the
Stanford 20/20 for $20m tournament following massive losses in the
event’s inaugural run (obviously, with his financial nous, he had expected that an event which mainly consisted of him giving away money would turn out to generate an immediate profit). The ECB have been variously reported as “in shock“, “in denial” and “unaware” – quite a combination. Adding to the speculation is the news that the ‘Stanford Legends’ have been disbanded.
This might turn out to be a blessing in disguise for England, who didn’t
really seem all that comfortable over in Antigua, or indeed to be entirely sure exactly why it was that they were there. The main effect of a Stanford pull-out on the team itself would probably be to reinforce the interest of English players in the cash on offer in the IPL, but that was always going to happen anyway. Matt Prior certainly doesn’t seem too upset.
Quite what the effect would be on the ECB’s finances is unclear, though I’d be surprised if they’d budgeted for any future income from a winner takes all match, given England’s shocking record in Twenty20 internationals.