Sunday, June 23, 2024

SLC hits financial rock bottom


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Colombo: In what can be termed as the worst financial crisis, the Sri Lanka Cricket (SLC) has hit rock bottom and is awaiting government’s bail out, the Board officials said today.

SLC has not being able to pay salaries to its staff for October and to around 100 contracted Sri Lankan cricketers since the island nation co-hosted the World Cup with India and Bangladesh in April earlier this year due to the debt that the country’s Board is facing. Some 263 employees of the Board and 94 contracted cricketers’ payments remain outstanding to be settled, the officials confirmed. (PTI)


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