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Asia Cup 2022: Sri Lanka Cricket may lose $5-6 million if they don’t host the tournament

Sri Lanka Cricket can lose more than $5-6 million if the Asia Cup is moved out of Sri Lanka. This is the main reason why SLC’s officials during their visit to India requested the Asian Cricket Council and BCCI officials to move Asia Cup out of the Island Nation.

“No final decision has been reached as yet. All is dependent on how we conduct the Australian series. Jay Shah and other ACC officials have assured us that if all goes ok, Asia CUP will stay in Sri Lanka”, said SLC’s secretary Mohan De Silva.

937539 asia cup 2018 Asia Cup 2022: Sri Lanka Cricket may lose $5-6 million if they don't host the tournament
Credits- Zee News

The Australian team has already reached Sri Lanka and the series between the two teams will start on June 7.

According to the estimates of the SLC CEO, the local board will lose 5-6MN of potential revenues if Asia Cup gets moved out of Sri Lanka. 

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“Big revenues get generated by hosting teams like India, Pakistan. That’s why we are still trying to persuade the countries to play in Sri Lanka. For us revenues are critical. At this stage even for our country any incoming dollar is critical. We are all geared up to host the Asia Cup and we all are in a positive mood”, he said.

How the Sri Lanka board can generate revenues?

  • Host Board gets event hosting fees
  • Ticket Sales Revenues are also kept by the HOST Board
  • Local sponsorship deliverables and sales are allowed for the local board

The Asian Cup tournament is going to be played from August 27 to September 11. ACC had planned a qualification tournament before the main event. The Qualification event will be played from August 20. and will decide on the sixth team in the competition.

India, Pakistan, Sri Lanka, Bangladesh and Afghanistan have directly qualified for the main event.  They will be joined by one qualifying country from the Asian region.

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Read more: UAE T20 League: KKR, DC and MI will be able to sign players from their IPL squad


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