Sri Lanka Premier League scrapped

Updated Jul 18, 2013 09:51am

COLOMBO: Sri Lanka's cricket administrators scrapped their Twenty20 league Wednesday after franchise holders defaulted on payments for the tournament and failed to guarantee payments to players, a top official told AFP.

Sri Lankan Cricket decided not to go ahead with the Sri Lanka Premier League (SLPL) tournament and sack the seven franchise holders who failed to pay up, SLPL Director Ajit Jayasekera said.

“We will not have the tournament this year because the seven Indian franchise holders did not pay despite verbal and sometimes written assurances that they will,” Jayasekera said. “We could not go on indefinitely.”

“We had to decide. And we have decided to terminate franchise agreements and not have the tournament this year,” he said.

In a brief one-paragraph statement, Sri Lanka Cricket said: “the Mahindra SLPL 2013 will not take place”.

Jayasekera said the authorities hoped to come up with a new model for a Twenty20 tournament next year.

Officials said all seven franchises for the SLPL were held by Indian companies. But they had failed to meet several deadlines to pay nearly three million dollars.

Jayasekera said the franchise holders initially agreed to pay a total of $30.49 million spread over seven years but had failed to pay their annual dues for this year by last Sunday's deadline.

It is unclear why the franchise owners have not made payments, and their financial status is not public knowledge.

Sri Lanka played its inaugural Twenty20 last August with a handful of big-name foreign players, including Chris Gayle from the West Indies and Pakistan's Shahid Afridi.

The tournament, modelled on the financially lucrative Indian Premier League, made a profit of about $2.2 million for the SLC last year, officials said.


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Comments (10) Closed




Jawwad
Jul 17, 2013 10:08pm

Great. Another Indian ploy to destroy it's neighbor's cricket. Pakistan, Sri Lanka, Bangladesh are all on their hit list. Way to go Champions! That's what Champions are made of. Mind you someone is pulling the ears of these owners to not pay their dues. What is a 3 million dollar to an Indian company? Pocket change.

Devil
Jul 18, 2013 10:07am

Over dose of cricket resulted into reduced viewership and franchises are now running away from the premier leagues ! And... now after the crack-down of betting nexus .. that business option of making money is also not available in SLPL ..

Ravi Ingale from University of Pune
Jul 18, 2013 11:52am

Pakistan why should not try their luck to Join SLPL after failed to win auction in IPL.

Omer
Jul 18, 2013 02:42pm

Why does the word 'espionage' comes to mind ........ hmm

kanakasabhai natarajan
Jul 18, 2013 03:06pm

Sri Lanka should realise that Indians will not run their Premier League, pay millions of dollars so that the cricket board can pocket the profit. Sri Lankan companies should come forward and sponsor the event. You can not be criticising Indians all the time and then expect India to put its money. This is a lesson Bhutan learnt recently while Sri Lanka and Nepal are yet to.

Sandeep
Jul 18, 2013 03:25pm

@Jawwad: The best way is to run the house with your own money. If you cannot afford to have the league better not have it. When the league started last year, nobody said that Indian companies are supporting cricket in Srilanka, but now big mouths will say that it is indian conspiracy on neighbors. Leagues are pure business sir are whole controlled by the owners. In IPL, Deccan Chronicle could not pay the dues to the players, the franchise was then bought by the Sun group and the team changed it's name from Deccan Chargers to Sunrisers. This happens all the time in franchise related games.

Lalit Sharma
Jul 18, 2013 04:14pm

@Jawwad: This is the big difference of the thinking between Indians and pakistanis.

Akash Paul
Jul 18, 2013 04:18pm

@Jawwad: Mr. Jawwad we dont know the terms between franchisees and SL Cricket board. I guess Pakistanis does not want to miss any opportunity of India bashing.

USN
Jul 18, 2013 04:54pm

@Jawwad: Who asked Srilankan cricket boards to sell the franchise to Indian companies/Indians? If you correct buyers are not paying up, just terminate the contract and find out another non-Indian buyer. You talk as if BCCI doesn't have any other work other than hitting Pakistan/Sri Lanka/Bangladesh cricket. Typical Pakistani mind set, If any cricket issue then BCCI is behind it, any other issue then America behind it :P ! Get well soon :)

Irfaan
Jul 18, 2013 06:22pm

@Jawwad: "What is a 3 million dollar to an Indian company? Pocket change" oh yeah...friend no one will give u 1 rupee for no reason forget 3 million. if the business make sense then the corporates will not bother even organizing cricket tournament inside the taliban den. NO profit no business. get over ur conspiracy theories and have some educated mind.