Sri Lanka Premier League Cancelled for this Year

Sri Lanka Cricket has cancelled the Sri Lanka Premier League 2013 due to lack of investors to pay the tournament fee and the bank guarantees for player payments, an official release confirmed.

The tournament was due to take place between August 10 and September 7.

"We want to maintain the integrity of the board and the integrity of the tournament, so we had to take a stand," SLPL director Ajit Jayasekara said. "We can't have a situation where the franchises say, 'We will pay if the other franchises pay'.

"Player payments are a major factor in this. We are the only league in the world not to have defaulted on our player payments, and the franchises failed to provide those bank guarantees. We have given them enough chances and we can't stand this nonsense."

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