“There will be an immediate impact on the cash-flow if these tours are cancelled but we will not incur a loss as such because we are rescheduling them within the current cycle,” said SLC CEO Ashley de Silva.
“Financially we are okay at the moment as we have got enough reserves with us. But we will have to manage them carefully. We might have to suspend some of the infrastructure development work to support critical areas.”
The SLC has embarked on a major infrastructure upgrade spree across the country. The R. Premadasa Stadium in Colombo is undergoing a significant facelift with stands under renovation and the addition of a much-needed swimming pool for players.
The Board has also set its sights on a university-like high performance centre in Kandy. Proposals have been made, too, for swimming pools at the Dambulla and Pallekele grounds. For now, only works at the R. Premadasa Stadium are to continue…