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It continues to be a rough period for West Indies cricket on and off the field. Cricket West Indies announced further plans to make changes to retainer contracts as they battle for financial stability. Their CEO Chris Dehring says it's not all doom and gloom as they roll out a few bold initiatives to keep them afloat.

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00:00For West Indies cricket to be competitive, Cricket West Indies CEO Chris Derring says they will be implementing some changes
00:07which they believe will support their development plans and keep them financially stable. He painted the scenario.
00:14Our domestic franchise program is also being reviewed in the context of the limited resources available, with retainer contracts for
00:21domestic players reduced to seven months. International retainer contracts will remain at 12 months, but there will be a 25
00:29% reduction on the retainer fees. We appreciate the spirit of cooperation of the West Indies Players Association and the
00:37players who have demonstrated their total understanding of the circumstances we all face.
00:42There will also be changes to women's cricket, while the bilateral format returns to the West Indies Cricket Championships.
00:48Other tournaments impacted are the Women's Super 50, which will be replaced by a Best vs. Best developmental tournament next
00:55year, while the West Indies Cricket Championships, our four-day first-class tournament, will retain the same bilateral series 12
01:02-game format as this year.
01:04Derring indicated they have no intentions to cut their way to sustainability to produce winning teams. He announced a few
01:10plans for expansion.
01:12First, there are multi-million-dollar infrastructure-led projects, including the build-out of high-performance centers across the Caribbean,
01:20incorporating technology that promises to revolutionize how cricketers at every level are developed.
01:26With infrastructure financing secured, this starts with our own Cricket West Indies facility in Antigua, construction to commence in January
01:352027, as we near the completion of our RFP process to select the various contractors.
01:41In addition, we will be trialing in two countries later this year, high-tech cricket simulators, owned and operated by
01:49Cricket West Indies, as a prelude to an ambitious plan to roll out a network of simulators that will begin
01:55to revamp and re-engage the production pipeline.
01:58In addition, he also announced the format for the Olympic qualification.
02:02We are, though, pleased to announce that in place of those tournaments, new Olympic qualification tournaments for men and women's
02:09Olympic qualification will be staged next year.
02:13Those replacement tournaments will be by invitation to the ten countries under the ages of Cricket West Indies that qualify
02:21for Olympic participation.
02:22Sergio Dufour, TV6 Board.
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