News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 12 years ago
Rediff.com  » Cricket » ICC pays 46 per cent of fees due to Sri Lanka players

ICC pays 46 per cent of fees due to Sri Lanka players

Source: PTI
December 20, 2011 20:00 IST
Get Rediff News in your Inbox:

The ICC has paid 46 per cent of the fees due to Sri Lanka's cricketers for the 2011 World Cup after the country's cash-strapped cricket board failed to pay their salaries.

Instead of routing it through Sri Lanka Cricket (SLC), the payment of US $2 million was made directly into the players' bank accounts on December 16.

The Sri Lankan players were owed a total of US $4.3 million (25 per cent of the country's participation fee), according to cricinfo.com.

The payment, though, was arranged with assistance from SLC, who provided the players' respective bank account details, a person with knowledge of the payments said.

Tony Irish, the chief executive of the South African Players Association, said that arrangement to pay the players was negotiated between the Federation of International Cricketers' Association (FICA) and the Sri Lankan Players Association (SLCA).

SLC ran into financial crisis after running up debts of US $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.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

INDIAN PREMIER LEAGUE 2024

INDIAN PREMIER LEAGUE 2024