Cameron projects WICB cash surplus
President of the West Indies Cricket Board (WICB), Whycliffe "Dave" Cameron, is projecting better days financially for the regional entity.
Addressing reporters following the annual general meeting of the board at the weekend, Cameron said that the body was anticipating a handy surplus over the next four years.
"We have been able to put the WICB in a stable position," Cameron said following the meeting, which was held at the Jamaica Pegasus Hotel.
"The financial report, as approved by our shareholders today, says that the WICB had a surplus of US$3.4 million, as of the 31st of September 2015.
"We also approved our projections in our board of directors meeting, and those projections say that we will be able to fund all our cricket programmes with a handy surplus."
The programmes, Cameron noted, included the recently introduced four-day Professional Cricket League, and the regional one-day tournaments, which for the past three years has been sponsored by Trinidad and Tobago-based NAGICO Insurance.
The NAGICO sponsorship, Cameron also outlined, ended this year, and negotiations are underway with a view of renewing same.