Financial crisis at Sri Lanka Cricket claims another casualty

By Ryan Francis | December 21, 2011

Sri Lanka cricket teamThis year's premier league first-class Tier-A and Tier-B tournaments have been postponed, with no future dates announced as yet. The tournament was scheduled to get under-way on Wednesday.

A statement from Sri Lanka Cricket (SLC) on Tuesday attributed the postponement to a request made by the participating clubs, while only stating that the clubs "have requested to reschedule the tournament", without a mention of a reason.

However, an official of a Tier-A club, who chose to remain anonymous, told The Island newspaper that the decision to postpone was as a result of SLC's current financial crisis.

"There is normal procedure, where clubs need to receive 90% of their tournament fees before the start of the tournament. But this time, considering the financial situation of SLC, the participating clubs agreed to play the Premier Limited Over Tournament only after receiving 30% of their payment," the official said.

"SLC agreed to pay another portion just after the completion of the limited over tournament, but the amount that SLC promised to pay after the tournament is yet to be received by the clubs."

In addition, the official said, the scheduling of matches was also a reason for postponement of the first-class, four-day tournament.

The Tier-A clubs each receive RS 2.7 million annually from SLC, while the Tier-B clubs receive RS 2.3 million per season, which the clubs utilise to pay staff and player wages and other expenses.

With 60% of the clubs' funding yet to be received, Sri Lanka's club cricket has become the latest victim of SLC's financial crisis.

After the construction of stadiums in the president's home-town of Hambantota and in Pallekele for the ICC Cricket World Cup 2011, along with budget overruns attributed to the previous government-appointed interim committee, headed by Somachandra de Silva and Nishantha Ranatunga, SLC have also been unable to pay salaries to its contracted national cricketers and staff.

Although Sri Lanka's World Cup players recently received a partial payment of their World Cup performance fee from the International Cricket Council (ICC), SLC is yet to pay their contracted cricketers, who have been without salary for nine months.

Furthermore, the governing body of cricket on the island has been unable to maintain the stadiums it now owns and has handed the maintenance of stadiums to the Sri Lankan military.

© Island Cricket

Comments

Natz's picture
Member since:
11 July 2010
Last activity:
3 weeks 38 min

Nishantha ranatunga is running in this election for secretary again?? This man is responsible for this mess!!!

Anonymous's picture

The funds spend on drag racing and colombo night car races to entertain the Presidential brat Namal Rajapakse who is modeling himself of Saif Gaddhafi and the bid for the Commonwelath games should have gone to clear the cricket debt. Cricket is a poor man's entertainment whereas car racing is a mindless environmentally polluting activity!

Ranjan's picture

Nishantha has responded to alleagtins agnst him in another paper typical of politicians. He shud be shunned as shud sanath. Nish even defends making 47 trips and also defends the whit elephant hambantot stadium. Cricket will see its death knell if he again is reelected.

Ranjan Rodrigo Sydney

Stormy's picture
Member since:
15 January 2011
Last activity:
1 day 3 hours

I guess everyone except SLC/Government see the disaster here. Doesnt this effectively mean the 'feeder' system to the national team is on ice. For a national team that has been struggling for the last three series and looking to the future this is a crippling blow. Unless this is sorted soon SL cricket will take backward steps back to the pre-test era.

I also cannot understand why already failed people keep getting back on the baord and that goes for all competing for the next election. Its like SLC somehow think appointing a thief in charge of the bank is a good idea.

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