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Bermuda's Premier, Alex Scott, has pledged $11m to Bermuda's cricket team over the next five years:
The package of spending also includes cash for youth development, ground and infrastructure improvements and support for the national team beyond the World Cup.
Plans for a major youth development schedule will now be possible. The BCB will be able to increase the professionalism of the national set up, with the addition of physiotherapists and nutritionists.
The Government sponsorship also makes Bermuda's bid to host a mini-world cup featuring the six second-tier cricketing nations a much more realistic proposition.