Colombo, May 19: Sri Lanka Cricket has strongly denied reports suggesting that the board is facing a financial crisis following the appointment of a Cricket Transformation Committee, calling such claims ‘entirely false and misleading.’
In a statement issued on Monday, SLC clarified that the committee was appointed by the Minister of Sports and Youth Affairs under the powers granted through Sections 32 and 33 of the Sports Law No. 25 of 1973, as amended.
The board stated that the appointment legally empowers the committee to oversee and administer all affairs of Sri Lanka Cricket, including its finances, assets, administration, and management, until a new Executive Committee is elected.
“SLC wishes to reiterate that reports suggesting that the organisation is unable to manage its finances or that its financial administration has been adversely affected following the appointment of the Transformation Committee are entirely false and misleading,” the board said in a release.
According to SLC, the appointment has already been published in the Government Gazette, granting the committee “full legal authority” to act on behalf of the cricket board in all financial and administrative matters. (IANS)
