27.8 C
Delhi

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. 

- Advertisement -TechnoSports-Ad

“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.

- Advertisement -TechnoSports-Ad

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Top 10 Richest Cricket Boards in the World (April 2024)

Know the Top 10 Richest Cricket Boards in the World in March 2024 Cricket is a widely adored sport globally, particularly in Asian countries such...

IPL Auction: Check out the most expensive players in each edition of the IPL auctions in history

The IPL mega Auction has started taking place and the IPL auctions have attracted the eyeballs as several players seal million-dollar deals in the...

Top 10 Highest Score in ODI Cricket by a Player in History

The One Day International (ODI) format gives a great opportunity for the cricketers to score a lot of runs. Players like Sachin Tendulkar, Wasim...

How BCCI became the richest cricket board in the world?

The BCCI is the richest cricket board in the world with a net worth of around $2.25 billion. It is also one of the...