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The missing amount is ,700, which represented takings from the spot sales for the three-match series played in St Davids last year.
It will feel like it is dragging on and that is because our need to service our debt is increasing, increasing, increasing. Mr Burchall spoke positively about the potential economic impact of the Americas Cup but stressed that for our economy to be able to support our debt service cost, it would be crucial to increase the working population in Bermuda from 33,500 to at least 45,000.
Ms Foulger was a panelist at the conference along with senior lecturer of economics at the Bermuda College Craig Simmons, writer and economic analyst Larry Burchall, and Kumi Bradshaw of Firm Advisory.
The title of their discussion was Survival of the Fittest but Ms Foulger said the title was only shorthand for a more important message from evolutionist Charles Darwin that those most likely to survive are those most responsive to change.
Representatives from the clubs told The Royal Gazette that they had received little to no communication from the association about when or whether they would receive the money.
However, Steven Douglas, the Eastern Counties president, has said that good news is on the way.