Sri Lanka Cricket (SLC) will receive approximately USD 6.5 million from the Asia Cup, SLC Secretary Mohan de Silva said.
“If we host this in Sri Lanka, we would have received USD 2.5 million as hosting fees. Now we are not only assured USD 2.5 million as hosting fee, but also about USD 1.5 million from ticket sales. So overall, we will receive approximately USD 4 million plus revenue share, which will be around USD 2.5 to 3 million USD. Altogether we are hoping to get around USD 6.5 million,” said de Silva, who explained that they could have expected only about USD 2.5 million as revenue share if they had hosted the tournament in Sri Lanka.
De Silva explained that though they pushed hard to host the tournament in Colombo, it would have been challenging due to the prevailing situation, as a tournament of this magnitude involves lots of stakeholders, such as participating countries, sponsors and broadcasters.
The 2022 edition of the Asia Cup has been officially moved out of Sri Lanka to the UAE. SLC will serve as the hosts of the marquee multi-nation tournament, which will be played in middle-east Asia in its originally chalked out days between 27 August and 11 September.
The six-team Asia Cup will be played in the T20 format this year as a precursor to the T20 World Cup in Australia. The UAE also hosted the previous edition of the tournament.
By Anjana Kaluarachchi