Stanford confirms plans for lucrative fixtures

England's players will each receive £500,000 if they win their lucrative Twenty20 challenge match with Sir Allen Stanford's all-star side.

Texan billionaire Stanford this afternoon confirmed agreement had been reached with the England and Wales Cricket Board to stage the first of what will be a series of matches in Antigua on November 1.

The match has been billed as '20/20 for 20' - with all the $20m prize money going to the winning team.

ECB chief executive David Collier said at this afternoon's launch: "It will be one million dollars for each of the players in the 11 in the match, if they win."

Stanford said: "It is one night, winner-takes-all $20m. The winner goes home happy, the loser goes home unhappy."

The ECB began discussions with Stanford, backer of the Caribbean Twenty20 competition, as they looked for ways to better exploit the growing popularity of the game's shortest format.

The development follows the successful launch of the Indian Premier League and the announcement of a new Champions League tournament for teams from England, India, Australia and South Africa.

Collier added: "It is a wonderful opportunity. It is wonderful to have such a warm endorsement from Sir Allen and it is testament to what we have been trying to do in the game."

Stanford, now a citizen of Antigua and Barbuda, got involved in cricket in an effort to raise the standard of the game in the West Indies.

He added: "I don't think I'm giving it [the money] away. I'm investing it in cricket's future in the West Indies.

"We're in a bit of a trough and I want to do everything I can to bring it back up. I'm doing the best I can.

"We had to create something that had never been done to take the sport to another level."

Stanford is happy to be working with the ECB, having previously been rebuffed in discussions with South Africa and India.

He added: "The ECB have the best organisation, the best management and the best structure to drive cricket into the 21st century."

Latest stories from i100
Daily Quiz
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there