SLC records highest ever surplus of Rs. 6.3 billion

21 June 2023 05:39 pm Views - {{hitsCtrl.values.hits}} 16 Bookmark

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Sri Lanka Cricket has reported a net surplus of Rs. 6.3 billion, the highest ever for a financial year in the history of the organisation.

SLC also recorded a total income of Rs. 17.5 billion, which was a 120% over its 2021 revenue, generated from four revenue segments -- international cricket, domestic cricket, sponsorship contracts and ICC annual member disbursements.

While stating that the audited financial statements had been approved by the membership, SLC also claimed that the National Audit Office, in its Auditors Report, had issued an unqualified opinion on SLC's financial statements.

'Every Day is a Rainbow Day for Me’ - Sir Donald Bradman

Comments - 16

Burgher Boy Wednesday, 21 June 2023 05:55 PM

Was inflation taken into account?

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ANTON Wednesday, 21 June 2023 06:07 PM

DEFINETELY THEY WILL SPEND THAT FOR LOCAL GOVERNMENT ELECTIONS.

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Nishantha R Wednesday, 21 June 2023 06:44 PM

hmmm..This should be deposited in my account in Singapore

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Bankrupt Treasury Wednesday, 21 June 2023 08:02 PM

Won't the Finance Minister try to take over SLC ?

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A barren women is pregnant! Wednesday, 21 June 2023 10:20 PM

SLC was barren like an infertile women all this period; What happened this time? Has the former husband or minister vacated post?

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Gokula Siripathiarachchi Thursday, 22 June 2023 02:13 AM

Great, at least they can manage finances. Nevermind our National cricket team is at rock bottom. Maybe Cricket Board officials should be put in charge of the finance ministry and finance ministry put in charge of SL cricket.

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S.F. Leg Thursday, 22 June 2023 04:49 AM

What will SLC do with this money? Will it spend on constructing large cricket grounds with fast wickets and set up a world class cricket academy?. Certainly not. It will spend money for bribing disguised as salaries for voting employees of 26 First Division Clubs, for luxurious travels abroad for Executives of SLC and other forms of corrupt activities when SL Cricket Team has to go through qualifying rounds to get into World Cup Tournaments. Shameful

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cricket fan Thursday, 22 June 2023 08:42 AM

Though the government of Sri Lanka is bankrupt and is going around the world with a begging bowl Sri Lanka Cricket Board is getting richer and richer. Thanks to the value of the US dollar which has skyrocketed through the roof and has come as a blessing in disguise for once cash strapped cricket board. Thanks to the dirty rich Indian Pemier League (IPL) for turning out the game of cricket into a money spinner and a flourishing business enterprise.

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Gamini Thursday, 22 June 2023 09:14 AM

and they do not pay any income tax.....

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Rishan Thursday, 22 June 2023 10:05 AM

Hope they have settle all the loans taken from public banks..

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Man Thursday, 22 June 2023 10:05 AM

Facilities of the remote schools and regions must be improved as an investment, to earn more.

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Tax Payer Thursday, 22 June 2023 10:41 AM

Are the SLC , the Officials and Cricketers under the Tax Net ?

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Clean Administration Thursday, 22 June 2023 04:34 PM

The Auditor General must be sharp to see that there are no leaks !

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Tissa Fernando Thursday, 22 June 2023 05:41 PM

I will not be surprised if the flamboyant CEO and the other executives get fat bonuses from this surplus?

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VJ Friday, 23 June 2023 08:03 AM

RW might want to borrow this money since SLC has no plans to utilize the earnings for the betterment of the game.

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Sepalika Friday, 23 June 2023 01:35 PM

Corrupt Body stilll cannot vote to elect the governing committee without pointing pistols shares the top level saadu-society of the country.

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