sourceThe ECB is facing legal action to return around £2.2 million (US$3 million) received from the disgraced financier Allen Stanford, according to a report in the Daily Telegraph.
Receivers acting for creditors of the collapsed Stanford empire are pursuing a number of sporting bodies which had dealings with Stanford.
"There has been a running fear in the ECB that the receiver could come after them, and this could be the knock on the door they have been dreading for two years," a source familiar with the Stanford deal told the newspaper.
What about the WICB, the Standford Legends, etc ?
