Caribbean Press Releases - recent news & press releases - Articles - Cricket World Cup 2007

WICB Appoints Ernest Hilaire As New CEO

Tue, 15 Sep 2009 09:30:00 CDT

Sept. 15, 2009 -- Hilaire replaces Donald Peters, who departed the post in July, and he will immediately confront the contractual crisis between the WICB and the players' union that has crippled West Indies cricket.

CWC 2007 Inc. nets US$53.9 million surplus

Mon, 03 Mar 2008 00:00:00 CST

st. John's, Antigua -- Mar. 3, 2008 --The audited report of the ICC Cricket World Cup West Indies 2007 Inc. (CWC 2007) shows that the tournament had an overall surplus of US$53.9 million, believed to be the highest event surplus in the history of the Cricket World Cup. Of this amount, US$29.3 million was paid out to the Local Organizing Committees on behalf of the Governments of the Caribbean as of December 2006. The WICB will also be further sharing 25% of its portion (US24.6 million) of the profits with the territorial cricket boards.

WICB makes US$63 million from Cricket World Cup

Thu, 28 Feb 2008 00:00:00 CST

Feb. 28, 2008 -- (CMC) – The West Indies Cricket Board (WICB) has made a profit of US$63 million from the 2007 International Cricket Council (ICC) Cricket World Cup (CWC) in the Caribbean. This was revealed in the financial report from the tournament, compiled by Chris Dehring, the CEO of World Cup 2007 Inc.

Guyana�s Hosting of CWC Matches-Excellent Investment & President Threatens to Sue WICB

Wed, 16 Jan 2008 00:00:00 CST

Georgetown, Guyana -- Jan. 16, 2008 -- The President was speaking at a Press Conference he hosted at the Office of the President and responding to a question as to whether Guyana regrets the large investment made with regard to hosting the event when the country has not even received its finances as it relates to tickets purchased from the West Indies Cricket Board.

Cricket World Cup 2007 (CWC2007) ceases operations as of December 21

Sun, 23 Dec 2007 00:00:00 CST

Dec. 22, 2007-- ICC Cricket World Cup WI 2007 (CWC2007), the WICB subsidiary responsible for the successful organization of this year's Cricket World Cup, is no longer in operation. CWC2007 ceased functioning as of Friday December 21, 2007, having wrapped up its wide ranging operations across the Caribbean and worldwide.

Governments Receive Interim Payout of CWC 2007 Profits

Fri, 20 Jul 2007 00:00:00 CDT

St. John's, Antigua -- July 20, 2007 - The West Indies Cricket Board (WICB) will be making an interim payout of US$12 million to the Local Organizing Committees out of the net proceeds from the ticket sales from the Cricket World Cup.

WICB to eliminate debt through CWC profits

Wed, 11 Jul 2007 00:00:00 CDT

Kingston, Jamaica - July 10, 2007 -- The West Indies Cricket Board is expected to shed its huge debt burden shortly, thanks to the profits earned from the recently hosted Cricket World Cup in the Caribbean.

Grenada Reaches World Cup Targets

Thu, 05 Jul 2007 00:00:00 CDT

St. George’s, Grenada -- July 5, 2007 -- The Government of Grenada is expected to collect close to eight million dollars in ticket revenue from the 2007 Cricket World Cup.

CWC 2007 � A positive impact on St. Kitts/Nevis tourism

Fri, 08 Jun 2007 00:00:00 CDT

Bassettere, St. Kitts -- June 8, 2007 -- The St. Kitts Tourism Authority has attributed an 11 per cent increase in tourist stay over arrival figures for March 2007 to the hosting of Cricket World Cup.

Guyana Gov�t hopes to recover over $900M from hosting CWC

Fri, 08 Jun 2007 00:00:00 CDT

Georgetown, Guyana -- June 8, 2007 -- Government has recovered $207,235,750 of an overall $976,209,120 which it hopes to recoup from hosting Cricket World Cup (CWC) 2007.