In the recent Run Out Radio broadcast with Mr Barry Berhman, there were certain statements made by Mr Behrman about Matchroom Sport and how it goes about paying players competing in its three pool events, the World Pool Masters, the World Cup of Pool and the Mosconi Cup.
For the avoidance of any doubt, Matchroom Sport does NOT pay players at its events 30 days after their conclusion. Furthermore, none of our events are broadcast on a pay-per-view basis, nor do we go around collecting checks from broadcasters in order to pay the players.
Matchroom Sport is a large business encompassing ten sports with a multi-million dollar turnover and as such we have many large, long-term, multi-year broadcast contracts in place with TV stations around the world.
To be absolutely clear, we generally pay early round losers in cash at the venue wherever practical. All other players are paid on return to our offices by international transfer which will take up to five working days for the money to arrive in the recipients bank accounts.
A Statement from Matchroom Sport
July 12, 2011