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'Premier League good for January'
published: Sunday | January 6, 2008
Seaga
Anthony Foster, Freelance Writer
THE CHAIRMAN of the [COLOR=orange! important][COLOR=orange! important]Premier [COLOR=orange! important]League[/COLOR][/COLOR][/COLOR] Clubs Association (PLCA), Edward Seaga, has allayed immediate concerns about the sponsorship of the Cash Plus Premier League (CPPL) - at least for this month.
When contacted yesterday, Seaga, the former Jamaica Prime Minister, said immediate concerns and problems surrounding the league would be solved within days, but he could not speak for the coming rounds.
"There has been a settlement of the problem," said Seaga, while pointing out that $6 million for the round was coming in a few days. He also said yesterday: "One-third of the prize money, which is $3.5 million, is expected in our hands early next week."
"Certainly, we are good for January. No one can predict the future but as far as the present is concerned, we are up to date," he said. Concerns were raised about the viability of the CPPL when the [COLOR=orange! important][COLOR=orange! important]Financial [COLOR=orange! important]Service[/COLOR][/COLOR][/COLOR] Commission (FSC) recently issued cease-and-desist order against Cash Plus, the company which had pledged $150 million to the Premier League for the next three seasons.
Now, with the second end-of-round-final on the cards for later this month, the PLCA is playing a wait-and-see game. "They have performed up to date," Seaga said of the sponsors. "We now await the discussions with them and the Government to see how things will go," he said.
published: Sunday | January 6, 2008
Seaga
Anthony Foster, Freelance Writer
THE CHAIRMAN of the [COLOR=orange! important][COLOR=orange! important]Premier [COLOR=orange! important]League[/COLOR][/COLOR][/COLOR] Clubs Association (PLCA), Edward Seaga, has allayed immediate concerns about the sponsorship of the Cash Plus Premier League (CPPL) - at least for this month.
When contacted yesterday, Seaga, the former Jamaica Prime Minister, said immediate concerns and problems surrounding the league would be solved within days, but he could not speak for the coming rounds.
"There has been a settlement of the problem," said Seaga, while pointing out that $6 million for the round was coming in a few days. He also said yesterday: "One-third of the prize money, which is $3.5 million, is expected in our hands early next week."
"Certainly, we are good for January. No one can predict the future but as far as the present is concerned, we are up to date," he said. Concerns were raised about the viability of the CPPL when the [COLOR=orange! important][COLOR=orange! important]Financial [COLOR=orange! important]Service[/COLOR][/COLOR][/COLOR] Commission (FSC) recently issued cease-and-desist order against Cash Plus, the company which had pledged $150 million to the Premier League for the next three seasons.
Now, with the second end-of-round-final on the cards for later this month, the PLCA is playing a wait-and-see game. "They have performed up to date," Seaga said of the sponsors. "We now await the discussions with them and the Government to see how things will go," he said.
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