The Trinidad and Tobago Football Federation (TTFF) will pay the $7 million interim settlement awarded to 13 national footballers, even if they have to borrow to do so.
In a release yesterday, TTFF president Oliver Camps said the Federation is cash-strapped and pointed out that he will have to turn to Minister of Works and Transport Jack Warner, the Federation's special adviser, to "assist" them.
"While I have not seen the official judgment," the release quoted Camps as saying, "or had time to discuss it with my executive committee or our attorneys, in an effort to bring closure to this matter, I am of the view that the TTFF will honour this judgment in spite of the fact that we will have to borrow the money to do so."
Camps said the TTFF has depended on Warner because they have no money.
"What we must all be cognizant of is the fact that at present the TTFF does not have that kind of money, as over the years we have been depending almost solely on our benefactor Jack Warner to take care of the financial needs of the Federation."
The longstanding TTFF head indicated that he will have to seek advice from Warner on the matter.
"Apart from whatever help we receive from the Government from time to time, Mr. Warner has been funding all our eight national teams single-handedly. I will discuss with him whether or not he is mindful to assist us in this matter or whether as a Federation we will be forced to file for bankruptcy."
On Friday, Justice Devindra Rampersad awarded the 13 "Soca Warriors", who were on the national squad at the 2006 World Cup Finals in Germany, an interim sum of US$1,140,384.39 in their case for 2006 World Cup bonus money against the Federation.
The TTFF has also been ordered to redo their accounts, which Rampersad described as "totally unaccountable", and re-submit them to the High Court.
The players took legal action against the Federation after they claimed FIFA vice-president Warner reneged on his promise to pay them 50 per cent of T&T's proceeds from their participation in the 2006 World Cup.
The London-based Sport Dispute Resolution Panel ruled on the matter in favour of the players, but the case reached the local courts after the TTFF refused to pay, citing that the players had broken a gag order on the ruling.
The players still involved in the law suit are: Brent Sancho, Shaka Hislop, Kelvin Jack, Atiba Charles, Cyd Gray, Avery John, Aurtis Whitley, Collin Samuel, Evans Wise, Anthony Wolfe, Cornell Glen, Kenwyne Jones and Stern John.