The Sports Company of Trinidad and Tobago (SporTT) made out cheques to eight of the Pro League’s 10 member clubs—Defence Force and Police FC are excluded for obvious reasons—after newly appointed CEO Adam Montserin met representatives from the teams at the SporTT office in the National Cycling Velodrome on Thursday morning.
The clubs had not received their TT$50,000 subventions since September.
A SporTT release suggested that the late payments were due to “funding and compliance issues that prevented the clubs [from accessing] their monthly budget subvention.” These issues supposedly included: business plans, BIR numbers, audited accounts, strategic plans, incorporation letters, etc.
One counter proposal by club representatives was an amendment to the Corporate Act, so clubs can enter into business agreements regarding the use of community grounds. SporTT has promised to look at those issues, which can lead to more self-sufficiency from the clubs.
Sports Company chairman Michael Phillips admitted recently that his organisation is in dire financial straits.
Pro League clubs believe that the government will honour their promise to fund the teams until the end of the season in February. But it is uncertain what will happen thereafter.
Montserin, the former CEO at iGovTT’s National Information and Communication Technology Company Limited, vowed to meet the clubs again next month.
“We would meet again in January to look at improving how we engage clubs and to further discuss the possibility of public-private partnerships to enable them to achieve their objectives.”