Tag Archives: Jack Warner

Creditors vote ‘yes’ as TTFA raises offer to 60% of debt, Warner and Fenwick left empty-handed

At around noon today, the Trinidad and Tobago Football Association (TTFA), via trustee Maria Daniel, agreed settlements with creditors on debts stretching back more than two decades. Daniel, hired by Fifa-appointed normalisation committee chairman Robert Hadad, had a fund of roughly TT$16m to address claims, which totalled TT$84.5m. It meant …

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The TTFA’s debt proposal: HoF gets thumbs down, Warner, Fenwick and Miller make claims, and tension between creditors

Trustee for the Trinidad and Tobago Football Association (TTFA), Maria Daniel, revealed to creditors that the local football body has received 291 financial claims amounting to roughly TT$90.7m. But to settle its debts, the TTFA has ‘an approved financial arrangement’ of US$3m (TT$20.1m) —minus a ‘supervisory levy’ of TT$1.005m It …

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