Plans for a nine team English twenty20 Premier League starting in 2010 and worth up to euro1.3 billion has been proposed by two members of the ECB management board, the British media reported on Saturday
a document drawn by up by surrey chairman David Steward and MCC chief executive Keith Bradshaw, with assistance from the Hampshire and lancashire clibs , was leaked to the press before play inEngland's Test with South africa at Lord's on friday
The plans are for an annual competiton in june featuring leading overseas players staged by clubs at the nine test grounds.
A player auction would be held to stock each team and there would be a salary cap of about euro 1.5 billion. The prosposals for a 25 day, 57 match EPL financed by private backers and owned by a company called New t20 Ltd culd be on the agenda for consideration at a meeting for the ECB on tuesday.
A leading English daily reported the documen, 'consideration of an optional Twenty20 tournament based in England, 'had calculated deals over 10 years would be worth about euro 85 million annually in broadcasting match-day and commercial revenues.
Rights to each team --linked to a city ground, region or country-- would be sold for an average near euro 50 million . The proposal has triggered concern among the smaller counties who are worried they could miss out on the financial rewards flowing from a lucartive new tournament.
"We would be completely against this," Derbyshire chief executive Tom seras was quoted as saying . "We have been told by the ECB that they are looking at an EPL with 18 first-class teams included. Then I hear that two of the ECB management board have signed this document, which is really worrying . It would completely change the landscape. We would see the rich getting richer and the have-nots falling further behind,"
Sunday, July 13, 2008
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