'Stanford was a sleazebag. I was very uncomfortable with the whole Stanford thing.'

LONDON Former England cricket captain Kevin Pietersen admitted in an interview published Sunday that he too had lost money in torn-up contracts with alleged fraudster Allen Stanford.

 

Pietersen, who did not specify the value of the contracts he had signed with Stanford to be a cricket ambassador, described the Texas financier as a 'sleazebag' and said his sponsorship of a tournament involving England made it seem as though 'the England team had been sold.' His comments to the News of the World weekly newspaper came after authorities seized the Bank of Antigua, one of Stanfords assets, while Peru, Panama, Ecuador, Venezuela and Colombia have also taken action against his banks.


'I was an ambassador for Stanford -- a player face -- but that contract has gone,' he told the paper.


The News of the World reported that Pietersen had signed a two-year deal with Stanford, with an option to promote Stanfords winner-takes-all Twenty20 clash for a further three years.


'Stanford was a sleazebag,' Pietersen said. 'I was very uncomfortable with the whole Stanford thing.'

 

It was not that I was captain at the time, it was the uncomfortable situation of everybody thinking the England team had been sold. With the financial state of the world, people were talking about money instead of cricket.


'Those kinds of things just didnt seem right to me, so its not a bad thing we are not going to have that tournament anymore.'

 

The England and Wales Cricket Board terminated all contracts with Stanford on Friday, and will not be taking part in any further Stanford Twenty20 matches in Antigua or his proposed international quadrangular Twenty20 events in England, the first of which was due to be played at Lords in May.


Negotiations between the ECB and Stanford were suspended on Tuesday when it was revealed that the US Securities and Exchange Commission (SEC) had charged the Texan tycoon with an alleged nine billion dollar fraud.

Opinion

A long week

A long week

There’s some wariness about the excitement surrounding this moment of international glory.

Editorial

Unlearnt lessons
Updated 28 Apr, 2026

Unlearnt lessons

THE US is undoubtedly the world’s top military and economic power at this time. Yet as the Iran quagmire has ...
Solar vision?
28 Apr, 2026

Solar vision?

THE recent imposition of certain regulatory requirements for small-scale solar systems, followed by the reversal of...
Breaking malaria’s grip
28 Apr, 2026

Breaking malaria’s grip

FOR the first time in decades, defeating malaria in our lifetime is possible, according to WHO. Yet in Pakistan,...
Pathways to peace
Updated 27 Apr, 2026

Pathways to peace

NEGOTIATIONS to hammer out the 2015 Iran nuclear agreement took nearly two years before a breakthrough was achieved....
Food-insecure nation
27 Apr, 2026

Food-insecure nation

A NEW UN-backed report has listed Pakistan among 10 countries where acute food insecurity is most concentrated. This...
Migration toll
27 Apr, 2026

Migration toll

THE world should not be deceived by a global migration count lower than the highest annual statistics on record —...