Cricket Sports

Mallya out, Tridents set for new ownership

Embattled Indian business tycoon, Vijay Mallya, will not have ownership of Barbados Tridents for the upcoming Caribbean Premier League season, organisers said here Tuesday.

Speaking at a media conference, CPL chief executive Damien O’Donohoe, said the league was in the process of wrapping up discussions with the relevant parties and that new owners should be in place before the players draft scheduled for May 22 in London.

Mallya is currently fighting extradition from the United Kingdom to his native India where he is wanted by authorities to face alleged bank fraud and money laundering charges amounting to nearly US$ one billion.

His mounting legal and financial woes have also impacted the franchise with players yet to be paid in full for the 2018 season which wrapped last September.

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