Insufficient inbound tours – and none against India, England and Australia on home soil – has caused Sri Lanka Cricket (SLC) to lose revenue from international cricket in 2019, leading to a net deficit of Rs 471mn at the end of the financial year.
This is still better than what SLC had expected as it had budgeted for a deficit of Rs 2.7bn for 2019. Sri Lanka had a heavy international calendar last year but there weren’t enough inbound tours. They travelled to New Zealand, Australia and South Africa before heading to England for the World Cup. This was followed by the two home series against Bangladesh and New Zealand before heading to Pakistan for a full series.
The audited accounts are to be presented to the membership at the forthcoming Annual General Meeting on August 31. They show that SLC’s earnings through international tours amounted to just Rs 503mn, a sharp drop when compared with the previous financial year when income had soared to Rs 4.67bn on the back of England’s visit.