Author Topic: The Cricketer: What the non Hundred hosting counties plan to do with the money  (Read 39 times)

Online dazedpenguin

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From here (paywalled): https://www.thecricketer.com/Topics/premiumfeatures/non-hundred-hosting_counties_plan_money.html

This is just the Essex bit.

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With the focus on the redevelopment of Chelmsford, Essex have been preoccupied with assessing what the ground needs to enhance its capabilities on matchdays and non-matchdays.

Consequently, they haven't had any need, yet, to call on any additional funds from The Hundred pool. Chief executive Dan Feist is satisfied with the process and told The Cricketer some counties are only now starting to appreciate that the money from the sale of the stakes belongs to the ECB.

"It is ring-fenced for us to apply, but it is still the ECB's legally," he said. "It was made clear. People are in such a situation that they saw a funding opportunity, and they needed to react to it."

Meanwhile, as Essex's plans accelerate, there is a sense that they will require some of the available cash later this year to ensure they can move swiftly from planning into the development stage.


Offline vim

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What is the betting that the money is spent on consultants and drawing up the plans. Leaving nothing left to actually build anything.