Colombo: Forced to hold back country`s premier domestic tournament due to financial crunch, the newly elected Sri Lanka Cricket (SLC) board today announced to conduct the event from January 18.
The tournament, which was earlier scheduled to kick-off from mid December, was postponed due to participating clubs disagreeing over the list of fixtures and financial crunch, up to the tune of rupees seven billion.
The two-month long tournament will feature three-day matches being played among the 10 clubs in the each of the two tiers -- Tier A and Tier B.
The club sources informed that they have received about 30 per cent of the tournament fee from the SLC, which has enabled their participation in the championship.
The rest of the dues will be settled on a staggered basis.
The 75 per cent of rupees 2. 7 million received for the whole tournament by a Tier A club would go towards the player fees while a Tier B club would receive 2.3 million rupees each.
The tournament will, however, miss the participation of country`s top cricketers as they are on national duty. Sri Lankan team is currently playing in South Africa and is scheduled to travel Down under early next month to feature in the triangular one day competition with hosts Australia and India.
The newly-elected chairman of the board Upali Dharmadasa had earlier this month informed that SLC`s liquidity problems, resulted from heavy capital expenditure in the co-hosting of World Cup last year, would soon be resolved.
The new administration was set in place early this month after the elections were held for the first time in seven years.