Financial Troubles
In 5 years time, they managed to produce an annual income of £20,000 through sponsors and official tournament website fees. They were not able to receive subsistence from the three main bodies: the World Squash Federation (WSF), the Professional Squash Association (PSA) and the Women's International Squash Players Association (WISPA). A meeting was set up in Manchester with the Cardiff-based PSA, the men's tour body, to discuss a potential partnership, however, a last-minute change from the governing body left it with no alternative but to quit the site.
Mick Dodd, James Willstrop's manager, had given Cubbins & Gommendy a lifeline by suggesting that they should carry on serving the squash community and leave the business side up to him.
Read more about this topic: Squashsite
Famous quotes containing the words financial and/or troubles:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“Whoever grows angry amid troubles applies a drug worse than the disease and is a physician unskilled about misfortunes.”
—Sophocles (497–406/5 B.C.)