English cricket has severed all ties with Texas billionaire Allen Stanford following accusations he was involved in a $16 billion fraud.
Stanford landed in a helicopter at cricket's Lord's headquarters last year to launch the Stanford Super Series which culminated last November in England playing a West Indies side in a $38 million winner-takes-all showdown in Antigua.
The England and Wales Cricket Board chief executive David Collier says they're shocked by the charges filed against the Stanford organisation and personnel.
The board has now agreed to terminate the ECB's agreements with Stanford.
England won't take part in any more Stanford Twenty20 matches in Antigua and this year's Stanford-sponsored international quadrangular event, scheduled to begin at Lord's in May, won't now go ahead.
Stanford's influence on English cricket and the glitzy one-off match in Antigua has been criticised by many within the game while ECB chairman Giles Clarke has come in for media criticism over the relationship with the American.
Stanford denies any wrongdoing.