Sidebar

Support your TeamTTO Athlete

Personal Info:




Please Choose Amount:

$ 100 TT small donation
$ 200 TT
$ 300 TT
$ 400 TT
$ 500 TT (*) Recommended
$ 1,000 TT, YOU ARE A BOSS!

23
Fri, Aug

- TEAM TTO THRIVE - 

Wilfred Espinet

Latest News

Petrotrin cuts steelband funding

SPONSORSHIP enjoyed by three steelbands has been pulled by Petrotrin’s successor company Heritage Petroleum Company Ltd, weeks before the preliminary round of the National Panorama competition is scheduled to kick off.

The three bands who flew the Petrotrin flag and carried its title up until 2018, are Katzenjammers from Tobago, led by Pan Trinbago’s president Beverly Ramsey-Moore; Siparia Deltones; and the Lady Hailes Avenue, San Fernando based band, Hatters.

This crushing blow to these three bands and approximately 20 others it previously assisted, comes less than two months after Petrotrin permanently shut its doors and sent home its 5,000-strong work force last November.

The inevitable fall-out on culture and Carnival was predicted but bands seem to have been caught napping, as they were still holding out hope especially as government has slashed its annual subvention by some $10 million.

For 2019 the pan body has received an allocation of $20 million, downgraded from $30 million, to run the show. Ramsey-Moore has confirmed that was insufficient to manage its affairs and has indicated she might be heading back, cap-in-hand, to beg for a few millions more.

In the interim she has put panmen on notice not to expect any stipend for 2019 and 2020. The $1,000 stipend for players for 2018, however, is still outstanding. She has also advised leaders to hold events to generate revenue while appealing to all of TT to support the national festival and instrument.

Heritage chairman Wilfred Espinet made no apology as he told Newsday yesterday they just could not afford to sponsor bands any more as it was not part of its core operations. He said they had to borrow money to sustain the replacement company while still meeting the debt left by Petrotrin and simply could not borrow at high interest rates to give away to entities that did not add value to their operations.

“Despite our emotions, we have to be pragmatic enough to understand if I am borrowing money and one of the line items is that I am borrowing money to give to institutions that are not going to add value to our process, that is going to be a big problem, especially now, when the US stock exchange has changed dramatically that people are running away from risks. We will be right back to where we started. We might not come out of where we are, which is what we are trying to do.”

Based on that he said, “Heritage will not be sponsoring a band for Panorama 2019. There is no continuation between one (Petrotrin) and the other (Heritage). We will offer some limited support, but this is not to say Heritage is doing that. Petrotrin was the one doing these things and we are going to see how we can help.”

Ramsey-Moore did not respond to calls or messages following Espinet’s confirmation, but in an earlier interview she said she was in conversation with Reynold Ajodhasingh, one of the directors and was hoping for a positive outcome.

Akinola Sennon who indicated he was in discussions with Heritage said a response would be forthcoming. David Balbosa, manager of Hatters took a more pragmatic approach saying he was not surprised. Balbosa said Hatters was in “dire straits” but the company was yet to engage its executive committee on money talks.

Espinet said he found it difficult, “to believe that we would have successfully developed a culture that is dependent solely on handouts. People must have an ambition to settle their own affairs without this expectation of indefinite funding.”

Espinet recalled earlier days when steelbands operated without sponsors and suggested if the culture was so critical then a way must be found for national support.

He said Petrotrin would have spent tens of millions in support of the fraternity and that and other tasks it assumed, such as delivering water and gas to communities, maintaining play grounds, housing priests and nuns, would have caused the company to become defunct.

“It is difficult for this company (Petrotrin) to be measured as a company because it was spending monies in areas companies don’t spend money. So, when you start to lose money then you say that its badly managed. It was badly managed because it was doing things companies don’t do. It had gotten very confused as to what it intended to do.”

Weighing in on the predicament, San Fernando Mayor Junia Regrell, who is also CEO of CAL Skiffle, said the writing was on the wall but the bands did not see it. He said it was an opportunity for bands to become proactive and creative if they wanted to survive.

Source

Support your TeamTTO Athlete

Rheeza Grant Interview - August 2019 - 2019 Pan Am Games, Lima, Peru

Nicholas Paul of Trinidad and Tobago celebrates after winning men's sprint gold at the Pan American Games ©Getty Images

2019 Pan Amer­i­can Games

Trinidad and Tobago Olympic Committee (TTOC) President Brian Lewis has praised his nation's athletes after the country recorded their best medal performance at the Pan American Games in Lima.

Colin Murray | colomurray@gmail.com

2019 Pan Amer­i­can Games

A few fans stopped me to ask what I thought about the West In­dies' per­for­mance so far in the se­ries against In­dia in both the T20's and the ODIs.

DOUBLE GOLD MEDALLIST! Nicholas Paul of T&T celebrates beating compatriot Phillip Njisanel, also of T&T, to win the gold medal in the track cycling men's sprint final at the Pan American Games in Lima, Peru on August 3. (AP)

2019 Pan Amer­i­can Games

The Pan Amer­i­can Games closed on Sun­day but T&T is still cel­e­brat­ing its his­toric per­for­mance, claim­ing 13 medals, the most ever.

I happen to be initially browsing but having caught my attention, I then perused thoroughly, the 2018 Oxford Business Group country report on Trinidad and Tobago.  There were a number of perespectives, snap shots and overviews written. If one wanted to get a well researched and documented overview of the economic and business landscape within the twin Island Republic.

31 July is CANOC day. A message was sent out. That it barely registered or caught the attention of sport stakeholders in the Caribbean is an opportunity not a slight. CANOC must embrace the opportunity to heighten awareness and engage in enhanced outreach to provide information about the organisation.

It is cold in Lima, Peru, host city of the 2019 Pan Am Games. In fact, it is winter here in the South American nation.

With the one-year countdown to the 2020 Tokyo Olympic Games officially underway, the Trinidad and Tobago Olympic Committee, (TTOC) has announced that TTO athletes will benefit from a pre-games training camp at the Japan Athlete Training Center Osumi, in Osaki Town, Kagoshima Prefecture, as part of Japan’s Host Town Initiative.

Dylan Carter

Tokyo 2020

National swimmer Dylan Carter has qualified for the 2020 Olympic Games in Tokyo, Japan after reaching the semi-final in the 100m freestyle at the 2019 FINA World Aquatics Championships in South Korea.

In this file photo, (from L) TT's Keston Bledman, Emmanuel Callender, Richard Thompson and Marc Burns celebrate after winning silver in the men's 4×100m relay final at the National Stadium during the 2008 Beijing Olympic Games on August 22, 2008.

Tokyo 2020

TEAM TTO has been assured of a gold medal at the 2020 Olympic Games in Tokyo, Japan. Twelve years after their second place finish at the 2008 Beijing Games, sprinters Richard Thompson, Marc Burns, Emmanuel Callender and Keston Bledman will receive their 4x100m relay gold.

T&T OLYMPIC TEAM PARTNERS

Cartan Global         Michael Johnson Performance Puma