Sri Lanka news March 15, 2012

Sri Lanka players receive outstanding dues

ESPNcricinfo staff

Sri Lanka Cricket has said it has paid its cricketers their outstanding dues, which had been pending since the 2011 World Cup. The ICC had paid 42.36% of the dues to the players directly, in December, out of the participation fee due to Sri Lanka from the tournament. 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 the board, following discussions with sports minister Mahindananda Aluthgamage.

The board 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.

Edited by Dustin Silgardo