CAPE TOWN - Advocate Nic Kock stepped down as Western Province Cricket Association President at the organisation’s annual AGM on Monday evening, citing fears of “potential reckless trading”.
It certainly has been a tumultuous period after the entire WPCA executive board was suspended last November by Cricket SA. The suspension was later overturned after an arbitration process issued their reinstatement after the WPCA had filed an urgent application against Cricket SA..
Sanlam is the primary shareholder who provided 51% of the funding for the development, while the WPCA are responsible for the other 49%, which includes an outstanding loan of approximate R40-million to Cricket SA. The first phase of the development was expected to be concluded in December 2020 but has now been postponed to June 2021.
The situation has been exacerbated with Kock also serving as chief executive of WPCA after the retirement of the long-serving Nabeal Dien at the end of last season.
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