{"id":26702,"date":"2019-04-28T22:12:57","date_gmt":"2019-04-29T02:12:57","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=26702"},"modified":"2019-04-28T22:12:57","modified_gmt":"2019-04-29T02:12:57","slug":"cricket-west-indies-facing-serious-financial-difficulties-skerritt","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/","title":{"rendered":"Cricket West Indies facing serious financial difficulties: Skerritt"},"content":{"rendered":"
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The financial situation of Cricket West Indies (CWI) is much worse than previously thought, says newly elected president Ricky Skerritt.<\/p>

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Skerritt, who took over the post after defeating Dave Cameron in elections on March 24, has revealed that due to a lack of resources CWI has not been able to honour all of its financial obligations.<\/p>\n

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Ricky Skerritt has revealed that the finances of CWI are dire<\/figcaption><\/figure>\n

He said however, that the organisation was moving swiftly to address the problem.<\/p>

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\u201cIt\u2019s worse than you think. I\u2019m not in a position to speak to numbers, all I can tell you is that we have a significant shortfall in working capital and that is why we have been not up to date with most of our obligations to our creditors,\u201d Skerritt disclosed.<\/p>

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\u201cWe have as a result begun to undertake a financial review and in the meantime, we are continuing to raise funds where the funds can be raised and we think that within the next couple of months or so we should be in a much better position than we are now.\u201d<\/p>\n

When asked if consideration was being given for a forensic audit to be done on the handling of finances by the previous administration, the president would only say that a financial review was being done.<\/p>

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\u201cWe are doing a financial review but I won\u2019t bother to use any terms other than that,\u201d Skerritt noted.<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

The financial situation of Cricket West Indies (CWI) is much worse than previously thought, says newly elected president Ricky Skerritt. Skerritt, who took over the post after defeating Dave Cameron in elections on March 24, has revealed that due to a lack of resources CWI has not been able to honour all of its financial […]<\/p>\n","protected":false},"author":3,"featured_media":18488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,9],"tags":[],"class_list":["post-26702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-sports"],"yoast_head":"\nCricket West Indies facing serious financial difficulties: Skerritt - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cricket West Indies facing serious financial difficulties: Skerritt\" \/>\n<meta property=\"og:description\" content=\"The financial situation of Cricket West Indies (CWI) is much worse than previously thought, says newly elected president Ricky Skerritt. Skerritt, who took over the post after defeating Dave Cameron in elections on March 24, has revealed that due to a lack of resources CWI has not been able to honour all of its financial […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-29T02:12:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2018\/08\/Cricket.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"759\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Cricket West Indies facing serious financial difficulties: Skerritt\",\"datePublished\":\"2019-04-29T02:12:57+00:00\",\"dateModified\":\"2019-04-29T02:12:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/\"},\"wordCount\":245,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:759\/h:423\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2018\/08\/Cricket.jpg\",\"articleSection\":[\"News\",\"Sports\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/\",\"url\":\"https:\/\/antiguanewsroom.com\/cricket-west-indies-facing-serious-financial-difficulties-skerritt\/\",\"name\":\"Cricket West Indies facing serious financial difficulties: Skerritt - 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