{"id":6639,"date":"2023-06-22T16:40:33","date_gmt":"2023-06-22T11:10:33","guid":{"rendered":"https:\/\/www.businessupturn.com\/sports\/?p=325705"},"modified":"2023-06-22T16:40:33","modified_gmt":"2023-06-22T11:10:33","slug":"sri-lankan-cricket-board-reports-record-surplus-but-concerns-raised-over-development","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/sports\/cricket\/sri-lankan-cricket-board-reports-record-surplus-but-concerns-raised-over-development\/","title":{"rendered":"Sri Lankan Cricket Board reports record surplus, but concerns raised over development"},"content":{"rendered":"<p>In a recent development, the Sri Lanka Cricket Board announced a net surplus of Rs 6.3 billion, marking the highest financial gain in the organization\u2019s nearly 48-year history. The record surplus was primarily attributed to revenue generated from television rights, sponsorships, and support from the International Cricket Council (ICC). However, former World Cup-winning captain Arjuna Ranatunga has expressed concerns regarding the source of this financial success.<\/p>\n<p>Ranatunga emphasized that the surplus was not a result of the team\u2019s performance on the field, in terms of playing and winning matches. Instead, he pointed out that the significant revenue was derived from television rights, ICC support, and sponsorships. Ranatunga\u2019s remarks, quoted by Dailymirror.lk, indicate his skepticism about the Sri Lanka Cricket (SLC) administration being credited for this achievement.<\/p>\n<p>The former captain called for a thorough examination of how the surplus has been allocated and utilized for the development of Sri Lankan cricket. Ranatunga\u2019s statement implies that the focus should be on determining whether the funds have been appropriately invested in nurturing young talent, improving infrastructure, and implementing development programs. This scrutiny is crucial to ensure the sustainable growth and resurgence of Sri Lankan cricket, which has struggled to regain its past glory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent development, the Sri Lanka Cricket Board announced a net surplus of Rs 6.3 billion, marking the highest\u2026<\/p>\n","protected":false},"author":250,"featured_media":29556,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2139,1263,737],"class_list":["post-6639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cricket","tag-arjuna-ranatunga","tag-slc","tag-sri-lanka"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/6639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/comments?post=6639"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/6639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media\/29556"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media?parent=6639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/categories?post=6639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/tags?post=6639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}