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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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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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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“[…] This process, as it was designed, will allow the TTFA to manage its operations and provide a stay from all legal proceedings and creditor actions for a period of up to six months. “[…] At this stage, all options are on the table; the sale of the Home of …
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