Sri Lanka Cricket has firmly dismissed reports claiming the board is facing a financial crisis following the appointment of a Cricket Transformation Committee, calling the speculation “entirely false and misleading.”
In a statement released on Monday, SLC clarified that the Transformation Committee was appointed by the country’s Sports and Youth Affairs Ministry under Sections 32 and 33 of the Sports Law No. 25 of 1973, granting it full authority to oversee the administration of Sri Lankan cricket until a new Executive Committee is elected.
According to SLC, the committee has legal powers to manage all aspects of the board’s functioning, including finances, administration, assets and overall operations.
“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 its official statement.
The cricket board further stated that the appointment has already been published in the Government Gazette, officially empowering the committee to handle all operational and financial responsibilities on behalf of SLC.
The board also insisted that daily operations continue without disruption despite recent administrative changes and public scrutiny surrounding Sri Lankan cricket governance.
“Sri Lanka Cricket continues to carry out its day-to-day operations, including meeting all financial obligations and administrative functions, without any interruption or hindrance,” the statement added.
SLC further confirmed that payments to players, employees, suppliers, service providers and other stakeholders are continuing to be made on time.
The clarification comes amid increased attention on the governance structure of Sri Lankan cricket after the Sports Ministry moved to establish the Transformation Committee as part of broader administrative reforms.