‘We have asked for a loan of $8 million to settle our loans with Bank of Ceylon’, reveals Nishantha Ranatunga

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“We have a meeting with the ICC in late January, in Dubai, so we’ll have to wait and see what their response is”

Sri Lanka Cricket (SLC) secretary Nishantha Ranatunga has revealed that the board have asked the International Cricket Council (ICC) “for a loan of $8 million to settle our loans with Bank of Ceylon”.

SLC initially contacted the ICC about the loan six months ago, but the ICC were hesitant about handing out such a large sum of money without having a look at the board’s assets and financial liabilities.

“We have asked for a loan of $8 million to settle our loans with Bank of Ceylon,” Ranatunga said. “We have a meeting with the ICC in late January, in Dubai, so we’ll have to wait and see what their response is. So far it has been positive.”

The ICC gave Sri Lanka $2.5 million in 2012 in order to help them prepare for the World Twenty20.

SLC treasurer Nuski Mohamed revealed that the board also owes the government’s State Engineering Corporation approximately $4.2 million.

“The ICC wanted some details about the stadia construction,” Mohamed said. “The government put in some money, so they have asked for the details about those various things. The ICC want to make sure that SLC won’t be called upon to pay these construction costs.

“The government has verbally said that they will not [ask SLC to pay the debt to the State Engineering Corporation], but we don’t have anything in writing.”

SLC have also called on the ICC to move its global headquarters from Dubai to Sri Lanka.

“We have shown interest in having the ICC move here, and we are preparing a document that will show all that we can offer,” Ranatunga said.

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