Sri Lanka cricket board denies bankruptcy claims

(COLOMBO, LANKAPUVATH) –The Sri Lanka cricket board has denied claims it is facing bankruptcy.

Sri Lanka Cricket said there was no truth to reports it will be bankrupt in 9 months.

“The contents of these reports/articles which are based on an article published by an Indian gossip website with its own agenda, are untrue, unfounded, malicious, and aimed at damaging the reputation of Sri Lanka Cricket, and more importantly the morale of the National side which is currently engaged in the ongoing ICC Cricket World Cup 2019,” the Sri Lanka cricket board said in a statement.

The board also said that several Stakeholders (members of SLC) and members of the Executive Committee who have requested for match tickets for the ICC Cricket World Cup, have been provided such from the tickets purchased for this reason.

Furthermore, the said Stakeholders will be travelling to the UK at their own expense, whilst a limited number of Executive Committee members will be travelling to the UK on airline tickets obtained FOC on sponsorship privileges, the Sri Lanka cricket board said.

“As President of SLC I can state with responsibility that there is no financial issues in the organization. I and my Committee have ensured complete transparency and financial accountability in all our decisions over the past three and half months, and although the financial picture was not as good as it should have been when we took over in February [2019] we have streamlined and prioritized our development and other expenses and I can assure you that we have no financial issues whatsoever. This is merely the attempts of interested parties to destabilize the administration and demotivate our team,” Sri Lanka cricket board President Shammi Silva said.

The cricket board said that while it is true there had been a drop in income when compared to last year they have a healthy financial picture and the committee is always engaged in improving this further.

The cricket board said it intends to seek legal redress with regard to these malicious publications.

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