Sri Lanka players receive outstanding dues

Updated: 15 March 2012 22:46 IST

Sri Lanka Cricket has said it has paid its cricketers their outstanding dues, which had been pending since last year's World Cup. The ICC had paid 42.36% of the dues to the players directly, in December, out of the participation fee from the tournament due to Sri Lanka.

Sri Lanka players receive outstanding dues

Colombo:

Sri Lanka Cricket has said it has paid its cricketers their outstanding dues, which had been pending since last year's World Cup. The ICC had paid 42.36% of the dues to the players directly, in December, out of the participation fee from the tournament due to Sri Lanka.

SLC announced in February that it would pay the remainder of the dues by the end of the month, after the state-owned Bank of Ceylon agreed to release 600 million rupees (approx US$5.07 million) to Sri Lanka Cricket (SLC), following discussions with sports minister Mahindananda Aluthgamage. The board has now said the players "have been paid all their dues in full up to date."


"We extend our sincere thanks to the sports minister Mahindananda Aluthgamage and the secretary, ministry of sports for assisting Sri Lanka Cricket to source these funds at this very difficult time in order to pay our players," a board release said.

The Sri Lanka players had been owed around $4.3 million by SLC in December before the ICC paid part of their dues. The board is in the middle of a major financial crunch after having run up debts of $32.5 million to finance the building of two international stadiums in Hambantota and Pallekele, and to renovate the R Premadasa Stadium in Colombo, for the World Cup.



Topics : ICC World Cup, 2011 Cricket
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