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Tag Archives: TTFA debt

Dear Editor: How is TTFA debt free if it must repay secret loan? And where are Elite League details?

“[…] Questions linger. Others arise… The NC has never explained where the money to pay ‘the historic debt’ originated. “[…] Whoever inherits the TTFA throne after FIFA/NC leaves will discover the truth and who they still owe for funds borrowed to repay ‘the historic debt’…” In the following Letter to …

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Court accepts TTFA debt repayment plan, as Warner withdraws case after Fenwick/Miller compromise

The Trinidad and Tobago Football Association (TTFA) can finally begin paying off its creditors—under terms agreed in May—after High Court Judge Devindra Rampersad accepted its proposed debt repayment plan yesterday. The key sticking point was legal objects raised by the British duo of former coach Terry Fenwick and salesman Peter …

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Court adjourns TTFA repayment hearing, to address payoff claims by Warner, Fenwick and Miller

Verified creditors of the Trinidad and Tobago Football Association (TTFA), including former coaches and technical directors like Stephen Hart, Anton Corneal, Dennis Lawrence and Kendall Walkes, must wait for another three weeks to find out if their deal with the local football body will stand. Today, the Port of Spain …

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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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‘A smart move’, ‘laughable’, ‘farming out their duties’; TTFA members and creditors respond to NC

Before lunch yesterday, Fifa-appointed normalisation committee chairman Robert Hadad faced off against former Trinidad and Tobago Football Association (TTFA) technical director Kendall Walkes in a virtual hearing of the local high court. Walkes was represented legally by Keston McQuilkin and Melissa Keisha Roberts-John. Attorney Stephen Salandy is believed to have appeared …

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