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Sri Lanka Board happy with bids for SLPL.

posted under: Sri Lanka | All news
Sri Lankan cricketWhen Sri Lanka Cricket (SLC) announced bids for the Sri Lanka Premiere League (SLPL) franchises about a week ago, there was a lot of confusion and commotion and many nervous faces. The bids closed on the 25th of June and looking at the results, SLC could not have been more satisfied.

Vajira Dassanayake, an SLC official spoke the current situation and was quoted saying: “I am pleased to announce that bids were received in respect of all seven teams, at an average price of $4.3 million per bid.”

With the reaction, it’s no doubt that the board was expecting a number far lower than what they got. The names of the successful bidders and their respective teams will be announced after they are approved by the executive committee of the SLC.

Sources say that as many as 13 bids were received for the league’s franchises, including bids from India, which were not expected as Indian cricket players would not be participating in the SLPL. The base price of the franchises had been set to a lot lower than that of the IPL, and they are not likely to be sold outright. They will be leased for a period of seven years after which renegotiations will be applicable.

The SLPL was scheduled to start around this time last year, but was aborted due to Indian players pulling out at the last moment. Authorities however, have decided that they will go on without the Indian players this year and the dates have been fixed.

The tournament is set to start on the 10th of August, the final to be played on the 31st of the same month. There will be 24 games spread over this period, and will be played at the Premadasa Stadium in Colombo and the Pallekele Stadium in Kandy.
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