SLC granted over Rs. 289m to the National Sports Fund

13 November 2023 07:18 pm Views - {{hitsCtrl.values.hits}} 8 Bookmark

A A A

By Susil Premalal

COLOMBO (Daily Mirror) - It is reported that Sri Lanka Cricket (SLC) has granted more than Rs. 289m to the National Sports Fund (NSF) operating under the Ministry of Sports for the last two years 2021-2022.

Based on an agreement reached between SLC and the Minister of Sports, the relevant financial support amount has been offered to the NSF from September 21, 2021, to May 10, 2023.

The funds granted by SLC have been disbursed for the Tokyo Paralympics Medallists (Rs.11,000,000.00), Commonwealth Games and Asian Championships (Rs.22,500,000.00), Ministry of Sports and Department of Sports Development National Sports Funds Programmes (Rs.100,000,000.00), Asian Netball Championship 2022 (Rs.36,490,000.00) and Australia T20 cricket ticket income (Rs.120,000,000.00).

The final cash balance of the NSF on September 30, 2023, is Rs. 45,153,345.00, of which Rs. 32,640,821.00 is the aid money given by SLC.

In addition to this under the NSF (Rs. 26,500,00.00) for Paralympics Medallists and volleyball, athletic, badminton, boxing, gymnastic, squash, aquatics, wrestling, hockey, and Department of Sports Travelling Bags Preparation (Rs.18,750,000.00), Department of Sports Under-20 World Athletics, National Youth Games and Commonwealth Games 2022 Medallists (Rs. 100,964,670.00) and Asian Netball Winners, World Cup Netball and Asian Youth Netball Championship (Rs. 38,000,000,00), volleyball Bangladesh tour, Anuruddha Wijesingha - Dubai Asia Cup Stage 111, Department of Sports Freedom Cycle Tour, NYSC sports goods, Susanthika Jayasinghe retirement, Para Table Tennis Championship, Schools Football Tournament, etc. Rs. 73,134,509.00 has been paid.

Accordingly, out of the sponsorship amount of Rs. 289,990,000.00 given by SLC, the amount spent by the NSF is Rs. 257,349,179.00.

In relation to the amount that SLC has given to the NSF, the Director General of the Department of Sports Development, Dr. Shemal Fernando, said: ‘I will find out and tell you.’

Comments - 8

Quolp Monday, 13 November 2023 07:56 PM

An utter waste of money, you MUST abolish the Cricket Board to be never formed again, and let the people who suffer from economic crisis live peacefully, creating an environment to live all self-sufficiently. Ranil must leave the presidential seat that he holds forcibly with the support of the US conspiracy and plot. This is what the very general public expects from Ranil.

0 0

Full aathal Tuesday, 14 November 2023 04:33 AM

Y not ofcourse

0 0

SLEx Tuesday, 14 November 2023 08:06 AM

What the general public expects is to get of out the financial crisis. Its the freeloaders that are complaining due to all the subsidies removed by the government. Welcome to living life at its real cost. Most countries realised this and try to move to a more balanced and realistic system. Only in ours we provide more concessions every 4 years at the expense of tax payers and govt coffers for more votes in the next election.

0 0

A Cricket Lover Tuesday, 14 November 2023 06:02 AM

When Betting Shammi and other jokers pocket millions of US dollars, they donate a few million in SLRs to others.

0 0

Confused Tuesday, 14 November 2023 08:13 AM

Absolutely necessary, isn't it, when more than half the nation.is starving! Someone please tell the president to get his priorities right!

0 0

Thivviyarajah Therugash Tuesday, 14 November 2023 09:05 AM

My ambition is

0 0

cricket fan Tuesday, 14 November 2023 12:41 PM

Even if Sri Lanka is not one of the best cricket teams in the world today we should be very happy and contended that money was flowing into the country like a waterfall for being just a member of the ICC. What's going to happen now that we have been kicked out of the ICC?

0 0

Sambo Tuesday, 14 November 2023 08:33 PM

That is a benevolent gesture. You did not give it out of your pocket. It is the cricketers who toil to earn this money and not the officials.

0 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.